West Ham set to finalize move to Olympic Stadium
West Ham can start planning its move into London’s Olympic
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
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.