Deal reached for West Ham to move to Olympic venue

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Associated Press

Posted on March 22, 2013 at 7:06 AM

Updated Friday, Mar 22 at 7:37 AM

LONDON (AP) — Premier League soccer team West Ham has reached a deal to move into London's Olympic Stadium, ending the drawn-out negotiations over the future of the venue.

Under the 99-year deal announced Friday, West Ham will make the short move from its 35,000-capacity Upton Park to the revamped Olympic venue in 2016. The 80,000-seat stadium will be downsized to 54,000 and reconfigured with a new roof and retractable seats.

An original deal with West Ham collapsed in 2011 following legal challenges from London clubs Tottenham and Leyton Orient. The latest deal has been signed despite a fresh challenge by Leyton Orient.

If West Ham's owners sell the club, they will have to give a share of the sale to the company in charge of securing a legacy for London's Olympic venues.

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