Filed: Monday, 15th October 2012
By: Staff Writer
West Ham's anxious wait to find out whether they will be awarded use of the Olympic Stadium will go on a little longer after it was revealed that a decision expected this week would not now be made.
It had been expected that a decision as to which of the four bidding parties - West Ham United, Formula One, Leyton Orient or a football business college - would take control of the iconic venue would be made this week.
However West Ham United co-owner David Gold revealed tonight that that decision is to be delayed further. "Sadly the decision on the Olympic Stadium has been postponed," he said tonight via Twitter. "We must be patient but resolute."
The delay is thought to centre on a dispute as to who will provde the necessary funding to convert the stadium, which hosted the summer Olympic and Paralympic games, into a stadium suitable for football.
The London Legacy Development Corporation, with whom responsibilty for the decision lies are reported to have decided on Monday to delay the decision until such time as further negotiations have taken place.
The LLDC are keen for West Ham to make a sizeable contribution to the redevelopment costs, whilst United's board are keen for the Government to bear the brunt of it.
The Corporations Chief Executive Dennis Hone is said to have claimed that a final decision could be delayed until December. West Ham are yet to comment on this latest blow to their plans to move to Stratford.
The latest KUMB.com poll on the Olympic Stadium has resulted in two-thirds of voters backing the Board's plans to move from Upton Park to Stratford. You may see the current standings here.
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