By Maximilian Clarke
West Ham United’s deal for the Olympic Stadium has collapsed due to an anonymous complaint to the European Commission, as well as ongoing legal challenges, the club today (Tuesday) confirmed.
The Stadium will now remain public property, with West Ham expected to rent to stadium for £2million-a-year. Legal complications, the Club’s Vice-President, Karren Brady said, have delayed the plan, threatening the legacy of the Olympic Stadium. Said Brady:
"We understand Ministers will make a statement later and will not pre-empt that. Uncertainty caused by the anonymous complaint to the European Commission and ongoing legal challenges have put the Olympic legacy at risk and certainly a stadium, as we envisioned it, may not be in place by 2014 due as a direct result of the legal delay."
"The key point is the action we have taken today is about removing the uncertainty. The process had become bogged down in legal paralysis,” Sports Minister Hugh Robertson told the Press Association.
Brady continued to say: "The true legacy of London 2012 will be the creation of jobs and a generation of young people inspired by sport based around a community home for all by 2014. We remain committed to help deliver that legacy promise to the people of London and the nation."
Join us on