Text  Larger | Smaller | Default

NewsNow

'So when we said 272m...'


Filed: Wednesday, 14th December 2016
By: Staff Writer


LLDC Chief Executive David Goldstone says that the 272million cost to replace the roof of the Olympic Stadium was only a 'contingency' figure.

By the time the roof was re-fitted in 2015, the cost to the public purse had risen by a further 51million to 323million - something that Goldstone was forced to explain during a London Assembly meeting this afternoon, after London mayor Sadiq Khan ordered an enquiry into the spiralling costs.

According the Goldstein around 21million of the additional fees were incurred by extra seating, a further 14million on general stadium enhancements, 12million on contingency spending and a further additional 4million insurance fees.


"The announcement we made in 2015 with the 272m figure in it made clear there was some contingency but didn't specify a number," he told the Assembly.

"The increase of 51million is a combination and lots of it is to do with the seating. Some of it was to enhance the long-term viability [of the stadium].

"A chunk of it was to do with the very unfortunate contractor hired to install new seats, We were left with a partially installed system just before the Rugby World cup, a very high-profile event.

"Fortunately I don't think there's any more surprises!"





Related News

   arrow   In brief - Friday's news round-up [18th Aug 2017]
   arrow   Brady - it won't happen again [17th Aug 2017]
   arrow   More Athletics = no European football [17th Aug 2017]
   arrow   OS suggested as Commonwealth Games venue [13th Aug 2017]
   arrow   Drawn at home, playing away [11th Aug 2017]
   arrow   In brief - Friday's news round-up [11th Aug 2017]
   arrow   Fans on OS in athletics mode [10th Aug 2017]
   arrow   Villa boss plays down Snodgrass links [10th Aug 2017]
   arrow   Hammers face Cup compo claim [8th Aug 2017]
   arrow   In brief - Monday's news round-up [7th Aug 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 Posts including either links and/or foul language are automatically filtered and will not be published.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
Post-match press conference: Slaven Bilic vs AFC Bournemouth
Slaven Bilic was 'very pleased' with his team's application and determinati...more
Three Years Ago
Allardyce: defender a priority
Sam Allardyce admitted this morning that he hopes to bring in one additional defender before the tra...more
Five Years Ago
So long, little Sam
Sam Baldock has completed a permanent transfer to Championship club Bristol City....more