In addition it will set aside 21 days a year for athletics events, making good on London's promise to keep athletics at its core following the Games. Altman says there has been sporting interest from two Premiership rugby clubs, an American football team and cricket. He adds that concerts and other events will also help bring in revenue. But it is difficult to see how the OPLC can ensure the stadium does not become a majordrain on the public purse without the regularuse by a Championship or Premier League football club. With Tottenham no longer interested and now looking to redevelop White Hart Lane, the only other club to express an interest in the past was League One side Leyton Orient. However, Orient chairman Barry Hearn has said he no longer has any intention of bidding and Altman's comments must be seen as an attempt to increase competition inthe new tender process and avoid West Ham making a derisory bid, which would allow them to effectively secure a 99-year lease of the stadium on the cheap. The deadline for bids is 23 March with a decision due to be made next May. Despite the collapse of the previous deal and the long wait to finally secure a long-term legacyplan for the £500m stadium, Altman says the OPLC remains confident it will be able to conclude the deal in time to re-open in the summer of 2014. Under the previous deal with West Ham, Newham Council were to borrow £40m to pay towards the £95m cost of converting the stadium, reducing the capacity from 80,000 to 60,000 and adding a full roof afterthe Games. The rest of the money was to come from £36m of the OPLC's £300m budget for converting venues with the remainder coming from the sale of West Ham's Upton Park ground. Altman says the costs will now be split between Newham and the OPLC, who will pump extra money into the project to replace the money from West Ham....adamsalimi.blogspot.com
Tuesday, 20 December 2011
2017 when London is planing to host the World Athletics Championships
In addition it will set aside 21 days a year for athletics events, making good on London's promise to keep athletics at its core following the Games. Altman says there has been sporting interest from two Premiership rugby clubs, an American football team and cricket. He adds that concerts and other events will also help bring in revenue. But it is difficult to see how the OPLC can ensure the stadium does not become a majordrain on the public purse without the regularuse by a Championship or Premier League football club. With Tottenham no longer interested and now looking to redevelop White Hart Lane, the only other club to express an interest in the past was League One side Leyton Orient. However, Orient chairman Barry Hearn has said he no longer has any intention of bidding and Altman's comments must be seen as an attempt to increase competition inthe new tender process and avoid West Ham making a derisory bid, which would allow them to effectively secure a 99-year lease of the stadium on the cheap. The deadline for bids is 23 March with a decision due to be made next May. Despite the collapse of the previous deal and the long wait to finally secure a long-term legacyplan for the £500m stadium, Altman says the OPLC remains confident it will be able to conclude the deal in time to re-open in the summer of 2014. Under the previous deal with West Ham, Newham Council were to borrow £40m to pay towards the £95m cost of converting the stadium, reducing the capacity from 80,000 to 60,000 and adding a full roof afterthe Games. The rest of the money was to come from £36m of the OPLC's £300m budget for converting venues with the remainder coming from the sale of West Ham's Upton Park ground. Altman says the costs will now be split between Newham and the OPLC, who will pump extra money into the project to replace the money from West Ham....adamsalimi.blogspot.com
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