Selling or shutting London Stadium was considered

The Moore Stephens report published yesterday has revealed that London Stadium owners E2o seriously consider selling or shutting the stadium last year as well as cancelling the annual Athletics meetings and/or replacing the French stadium operator LS 185.

The report says “It is clear that significant changes will be needed to E20 if its financial sustainability is to be improved. Many of the options available to E20 were explored in a Board presentation on 6 October 2016, certain of which are detailed below:

 Not transitioning the East Stand between football and athletics events

 Not holding annual athletics events

 Increasing secondary revenue streams through means such as MLB and cricket

 Re-tendering for the Stadium operator

 Selling the Stadium

 Shutting the Stadium”

A full copy of the report can be found at https://www.london.gov.uk/sites/default/files/olympic-stadium-review.pdf