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dipsydoodle

(42,239 posts)
Fri Mar 22, 2013, 05:27 AM Mar 2013

West Ham get Olympic Stadium after government ups funding

West Ham will be anchor tenants for the Olympic Stadium after the government agreed to put in an extra £25m towards the costs of converting the venue.

The additional money takes the Treasury's contribution to around £60m.

Adapting the stadium could cost between £150m and £190m.

But the deal was secured only after West Ham agreed to increase their own funding of the project by £5m, to £15m. They will move in from August 2016 and pay around £2m a year rent.

http://www.bbc.co.uk/sport/0/football/21889864

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