Text  Larger | Smaller | Default

NewsNow

OS costs rival Arsenal's Emirates stadium


Filed: Tuesday, 1st November 2016
By: Staff Writer


The cost of converting the Olympic Stadium for football has risen to an astonishing 323million, according to the new Mayor of London.

Sadiq Khan has ordered an investigation into spiralling costs at the Stratford arena after it was revealed the estimated cost of converting the stadium originally erected for the Olympic Games has risen by an extra 50million.

That's just 67million less than it cost to build Arsenal's entire Emirates Stadium, which also caters for 60,000 supporters, a decade ago - a situation that Khan blamed squarely on his predecessor, Boris Johnson.

"Last year the previous administration told the public that the costs had risen in total to around 270million, deputy mayor Jules Pipe told Sky News. "The new Mayor has now been told that cost will be over 320million.

"Understandably, Sadiq has ordered an investigation as to why those two figures are so wildly different. As the new administration at City Hall clearing up the mess of the previous administration, we need to make sure that the stadium runs on a sustainable basis and it is affordable to London."

One of the main factors behind the hike in coss is that the original contractor for the 'retractable' seating, Alto Seating Solutions, has gone bust. Meanwhile the solution provided is reportedly slow, cumbersome and nowhere near as effective as the Stade De France's 'on rails' retractable seating.

The entire project, which began more than a decade ago when Seb Coe and Tessa Jowell insisted on a permanent athletics legacy for the stadium has risen to more than 750million - just 39million less than the Millennium Dome whiohc was reportedly sold for just 1 to Anschutz Entertainment Group (AEG) in 2001.

Chelsea fan Coe was knighted in the 2006 New Year's Honours and appointed to the Order of the Companions of Honour in 2013 for services to the 2012 Games.





Related News

   arrow   Season ticket price hike for new fans [20th Jun 2017]
   arrow   Kouyate unsure what future holds [19th Jun 2017]
   arrow   First three games away from home [19th Jun 2017]
   arrow   2017/18 fixture list revealed [14th Jun 2017]
   arrow   Betway Cup goes abroad [13th Jun 2017]
   arrow   West Ham face competition in Iheanacho race [12th Jun 2017]
   arrow   Nordtveit hints at early departure [12th Jun 2017]
   arrow   Enner on Cruz control? [7th Jun 2017]
   arrow   Records tumble as deadline passes [2nd Jun 2017]
   arrow   Zabaleta, Gold, Randolph & Iheanacho : Tuesday's news [30th May 2017]



Your Comments


Please note that this section is for comments relating to the above news item only. Any off-topic or abusive posts will be removed. Posts including either links and/or foul language are automatically filtered and will not be published. To engage in further discussion on any of our news stories, visit the KUMB Forums.

Not a member of the KUMB Forums? You may register for free membership here.

comments powered by Disqus
 
News Image




On This Day ...

One Year Ago
Hammers gazumped in Batshuayi deal
West Ham United's pursuit of Michy Batshuayi looks to be dead in the water ...more
Three Years Ago
O, Valencia!
West Ham have made enquiries into the availability CF Pachua's Ecuadorian international of Enner Val...more
Five Years Ago
New homes for stray Hammers
Ex-Hammers Julien Faubert and Jordan Brown have been handed new contracts having left West Ham this ...more