Taxpayers face extra costs under new stadium plan

Taxpayers are facing another hefty bill if West Ham United win the bid to move into the Olympic stadium, as officials hope.

The football club was one of four parties to register a formal bid for the stadium by the deadline of lunchtime last Friday, making their presence crucial to securing a viable future for the £500m stadium. Sixteen parties initially registered an interest in using the stadium in January, but 12 stopped short of submitting a full bid.

The details of West Ham's bid remain confidential and commercially sensitive, with negotiations between them and the Olympic Park Legacy Company (OPLC) about to begin, but it is thought that the club's demands for the transformation of the stadium will be more costly than those made in their original winning bid, in which the club would have had to pay for the upgrade work itself.

Then West Ham bid to buy the stadium outright, but the bid collapsed after an architect involved in the very early stages of designing the stadium complained to the EU that the £40m West Ham had been pledged by Newham Council constituted illegal state aid. Under the new arrangements, the OPLC would retain ownership of the stadium, with Newham Council again hoping to secure a stake in the facility for a £40m investment.

The pitch will need to be ripped up and undersoil heating installed, in accordance with Premier League rules, an eventuality that was not foreseen when the stadium was first constructed.

The OPLC, whose job it is to transform the site and find long-term uses for the various venues after the games, have a budget of £292m for the renovation of what will become the Queen Elizabeth Olympic Park, including the stadium. But the figure covers more than 12 separate building projects, such as the installing of the South Plaza, a sprawling cultural and recreational area designed by the same architects as the Manhattan's new Highline park.

Among the three other bids for the stadium received on Friday was a consortium led by the University of East London, whose plans are believed to involve office space in the stadium's 700-plus rooms.

Have you tried new the Independent Digital Edition apps?
Caption competition
Caption competition
Latest stories from i100
Daily Quiz
SPONSORED FEATURES
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services
iJobs Job Widget
iJobs General

Guru Careers: Bathroom Showroom Manager / Bathroom Sales Designer

£22 - £25k basic + Commission=OTE £35k + Benefits: Guru Careers: A Bathroom Sh...

Guru Careers: Marketing Executive / Digital Marketing Executive

COMPETITIVE: Guru Careers: A Marketing / Digital Marketing Executive (CRM, Eve...

Recruitment Genius: Sales Executive / Foreign Exchange Dealer - OTE £40,000+

£16000 - £40000 per annum: Recruitment Genius: A Foreign Exchange Dealer is re...

Recruitment Genius: IT Engineer

£19000 - £25000 per annum: Recruitment Genius: An opportunity now exists for a...

Day In a Page

Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones