Tuesday, October 11, 2011

West Ham Left Homeless -2012 London Olympics Latest Updates

Last Night, the Olympic Park Legacy Company board decided to leave all the negotiations with West Ham and Newham. It will launch a new tender process, as currently going on legal process may delay the conversion of the stadium.



It is quite understood that one unknown complaint to the European Commission led to indistinct delay to negotiations. The stadium will be opened in public ownership, whereas OPLC will find a whole range of tenants, who wants to pay rental on stadium. This will be reduced to 60,000 seats at a price of £50m which has been drawn from the OPLC funds.

Until January, interested parties will submit their bids, which will be followed by OPLC arranging a complete package of tenants who can make the stadium viable.

The London Legacy planning has been hugely affected with consistent uncertainty over the flagship arena. In case the OPLC reopen, West Ham made announcement regarding the search of tenant. For those who are looking for latest news and updates of 2012 London Olympics, just log on to London Olympics Tickets! Register to our sign up section and you would be provided with emails and newsletters related to 2012 London Olympics!

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