West Ham set to finalize move to Olympic Stadium

West Ham can start planning its move into London’s Olympic

Stadium.

The Premier League club has been in exclusive negotiations since

December over terms of a 99-year lease that will allow the Hammers

to move to the east London stadium from nearby Upton Park, which

has a capacity of 35,000. A deal is expected to be announced

Friday.

Besides paying annual rent, West Ham owners David Gold and David

Sullivan will have to give the London legacy company a share of any

profit if they sell the club.

The stadium will need retractable seating built to cover the

running track during soccer games.

Although the stadium isn’t due to be ready for West Ham until

2016, sports minister Hugh Robertson says it is set to stage Rugby

World Cup matches in 2015.