However, an agreement with West Ham remains conditional on a number of issues including sharing of costs for converting the stadium for soccer use and ensuring that taxpayers benefit from any knock-on increase in the value of the club.
The Olympic Stadium, centrepiece of the London Games this year, was built at a cost of about 430 million pounds ($693 million), funded by public money.
West Ham have played at the Boleyn Ground, often referred to as Upton Park, in east London since 1904. ($1 = 0.6209 British pounds) (Writing by Keith Weir, editing by Ken Ferris)
- Sports & Recreation