Hammer blow for West Ham's Olympic dream: stadium move could cost as much as £200m

24 March 2010 15:21
West Ham have been told there dream move to the London 2012 Olympic Stadium will cost them in excess of £140million. [LNB]The debt-ridden club, who saw their Premier League survival hopes dealt a huge blow last night after a humiliating 3-1 home loss at the hands of fellow strugglers Wolves, submitted a joint bid with Newham Council to occupy the venue on Tuesday. [LNB]Co-owners David Gold and David Sullivan are desperate to beat off competition from UK Athletics in a bid to seal the club's long-term future.[LNB] Bad day at the office: West Ham were humiliated by fellow strugglers Wolves [LNB] But the former Birmingham City chiefs are likely to be concerned by the huge sum the Olympic Delivery Authority have calculated that it will cost to convert the arena to a 50,000 or 60,000-seat venue suitable for the Premier League. [LNB]The Evening Standard also revealed that the Hammers were told they would not be able to move into their proposed home until 2015 and the overall cost could be closer to £200m, once inflation, VAT and fixtures and fittings are taken into account. [LNB] Plans: How the Olympic Stadium in Stratford is expected to look[LNB]Supporters might also be concerned by the Olympic Park LegacyCommittee's insistence that the running track must remain on theoutside of the playing surface, leaving fans further from the pitch. [LNB] West Ham have eight weeks to submit their final proposal, with a decision on the stadium's future announced in March 2011. [LNB] West Ham move closer to Olympic Stadium after teaming up with councilWe've only got ourselves to blame, says West Ham defender Matthew Upson Benni: We'll fight to save Zola's job after West Ham's 'horrible' defeatAs time runs out for West Ham boss Gianfranco Zola, Sportsmail remembers his highs and lows at Upton ParkAxe hangs over Gianfranco Zola as West Ham chief David Gold reveals pain over shocking defeat to WolvesWEST HAM UNITED FC

Source: Daily_Mail