West Ham Secure Olympic Stadium
Wed 5th Dec 2012 | Football Stadiums & Facilities
West Ham United have been named the Highest-Ranked Bidder for the Olympic Stadium following a board meeting by the London Legacy Development Corporation (LLDC) today.
A statement released by the club read: “West Ham United are extremely pleased to be announced as the Highest-Ranked Bidder to be the anchor concessionaire of the Olympic Stadium - a decision that guarantees a true and lasting legacy for east London and is the best possible outcome for the British taxpayer.”
The announcement that the club was the LLDC’s first choice to be the stadium's main tenant has delighted, but it’s understood that binding the deal will require further negotiation.
Vice-Chairman Karren Brady said: "For the last three years it has been my firm, unwavering belief that the Stadium can truly become a multi-use destination of which east London and the nation as a whole can be proud. I have never lost sight of our vision to play our part, along with the Stadium's major stakeholders, in ensuring it grows into a global asset. It is the 'jewel in the crown' of the Park, watched by the world.
"Our vision for the Stadium has always been about standing up for the promises made for London back in Singapore in 2005. We are committed to delivering our promises as set out in our bid. The hard work really does start here and work is already well underway to ensure that we really bring our community, which includes 500,000 supporters in east London and Essex alone, with us.
"We are already working with key strategic partners to ensure that unemployed east Londoners in key target groups will have access to sustainable employment in the Olympic Park via the 700-plus job opportunities that West Ham's tenancy will create. We guarantee millions of visitors and customers, which will galvanise the Park and act as the catalyst to spark a thriving economy in this part of east London.
"In selecting West Ham United, the LLDC have secured a long-term viable financial future for the Park. On behalf of West Ham United, I feel privileged to have been granted the responsibility to play a key part in delivering a true Games legacy.
"I would like to thank the loyal, passionate and patient West Ham supporters who have given their time to share their opinions on our proposed move and, despite the considerable constraints and confidentially agreements we were required to enter into, I can assure them that their feedback was instrumental in shaping the Board's approach to our bid.
"I guarantee they will not be disappointed when our full vision for a Stadium that is world-class in terms of supporter experience, sightlines and facilities is revealed. We will seek to share full details as soon as we are able to do so.
"We are now committed to working closely with our new partners and stakeholders in the Stadium to successfully conclude our discussions and bring our collective ambitions to fruition."
Posted by: Aaron Gourley
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