According to Paul Kelso from Sky News, The final cost of converting the Olympic Stadium into West Ham’s new home could rise by more than £15m because of complications in work to install a new roof.
Work is under way to build a new roof but contractors Balfour Beatty believe costs may have to rise to complete the project. The original stadium cost £429m to build, with the conversion to make it suitable for football budgeted at a further £154m. It is claimed additional costs arising from the latest complications with the roof could take the total cost of the stadium above £600m with the tax payer picking up the majority of the over spend.
The LLDC has a fixed-price contract with contractors Balfour Beatty to deliver the roof and main contract for the stadium, and say they will hold the contractor to its deal.
In a statement the LLDC said: “The Legacy Corporation and its contractors are working closely together to convert the Stadium from its Games-time mode into a multi-use, year round venue.”
However, we understand West Ham’s contribution of £25m towards the stadium conversion is unlikely to be affected by the latest developments.
Couldn’t care less how much the stadium costs to convert! It’s not our problem!
After all that these people have put us through any additional costs are quite poetic! Especially if you consider that we had a perfectly sound bid to buy and refit the stadium totally at our own cost rejected!
So after all the back stabbing, double dealing and illegal going ons that ruined our original bid, you will have to excuse me if I can’t look on at such articles as this with utter bemusement!
I’m just glad we will be only renting the place! COYI!
Send the bill to Daniel Levy and.barry Hearn
Here Here!! Will never ever fully understand why Levy complained in the first place. And then to have the audacity to bid for the boleyn. Pure spiteful man.