West Ham United FC secure long-term future of London's Olympic Stadium

Olympic Stadium - The Mayor of London, Boris Johnson, and Newham Mayor, Sir Robin Wales, today announced that the long-term future of the iconic stadium on Queen Elizabeth Olympic Park has been secured in a deal with West Ham United Football Club that confirms the Premier League club as the Stadium's long-term anchor tenant. West Ham United's 99 year concession commences in 2016 and secures a year round programme of sports and events in the venue. The Stadium hosted the Opening and Closing Ceremonies and some of the finest moments of the 2012 Olympic and Paralympic Games, and will now play host to the world's most watched football games. The stadium, once transformed into a UEFA Category 4 venue with 54,000 seats, will include a new roof, corporate areas, toilets, concessions and retractable seating. In addition to the funds to be provided by the Legacy Corporation for the adaptation works, West Ham will contribute £15 million, Newham Council will invest £40 million and the Government has agreed to provide additional support of up to £25 million should it be required once the tenders are returned. The deal will generate hundreds of new jobs, encourage many thousands of visitors to the local area and act as a catalyst for further economic investment and growth in the area. The proposed sale of Upton Park also provides further regeneration opportunities. Boris Johnson, Mayor of London and Chair of the London Legacy Development Corporation, said: "This is a truly momentous milestone for London's spectacular Olympic Stadium ensuring its credible and sustainable future. Through this deal with West Ham United FC, we are defying the gloomsters who predicted this landmark would become a dusty relic. "With a series of world class entertainment and sporting fixtures already in the bag for Queen Elizabeth Olympic Park, this iconic site is set to be the glittering centrepiece of ambitious regeneration plans for east London, which will capitalise on the Olympic investment into - London, United Kingdom - Friday 22nd March 2013 (3 Pictures)


Olympic Stadium 1

Olympic Stadium
Photo credit: Supplied by


#1

Olympic Stadium 2

Olympic Stadium
Photo credit: Supplied by


#2

Olympic Stadium and Queen Elizabeth Olympic Park 3

Olympic Stadium and Queen Elizabeth Olympic Park
Photo credit: Supplied by


#3

View All: West Ham United FC secure long-term future of London's Olympic Stadium

Contactmusic


Advertisement

More Photos

More Galleries

Suggested

Alice Chater - Hourglass Video

Alice Chater - Hourglass Video

Up-and-coming British singer-songwriter Alice Chater unveils her brand new single 'Hourglass'.

John Grant - Brighton Dome 29.10.2018 Live Review

John Grant - Brighton Dome 29.10.2018 Live Review

With a fourth solo album having just dropped and his 50th birthday celebrations behind him, John Grant kicked off the UK leg of his latest tour in...

Breaking the music industry: Regiment tells us about the highs and lows of making music

Breaking the music industry: Regiment tells us about the highs and lows of making music

Tristan Corrigan on the difficulties of making music within a genre that is so popular.

Backstreet Boys - Chances Video

Backstreet Boys - Chances Video

They've just announced their 2019 70-date world tour and they've dropped a new single and video just to get fans even more excited.

Advertisement
Paloma Faith - Loyal Video

Paloma Faith - Loyal Video

Paloma Faith tests her aim in the video for her new single 'Loyal', directed by Jamie Travis, ahead of the release of album 'The Architect: Zeitgeist...

George Ezra - Hold My Girl Video

George Ezra - Hold My Girl Video

Seven months after the release of his second album 'Staying At Tamara's', George Ezra unveils the video to his newest single 'Hold My Girl'.

Halsey - Without Me Video

Halsey - Without Me Video

After teaming up with Benny Blanco and Khalid on the song 'Eastside' earlier this year, Halsey returns with her newest single 'Without Me'.

Kesha - Here Comes The Change (From the Motion Picture 'On The Basis of Sex') Video

Kesha - Here Comes The Change (From the Motion Picture 'On The Basis of Sex') Video

Kesha's latest single is 'Here Comes The Change' from the soundtrack of an important new biographical drama entitled 'On the Basis of Sex'.

Advertisement
Artists
Actors
    Filmmakers
      Artists
      Bands
        Musicians
          Artists
          Celebrities
             
              Artists
              Interviews
                musicians & bands in the news
                  actors & filmmakers in the news
                    celebrities in the news

                      Go Back in Time using our News archive to see what happened on a particular day in the past.