And the winner is… will West Ham finally be handed the keys to Olympic Park
|
UPDATED:
23:10 GMT, 4 December 2012
The three-year saga over who will be handed the keys to the Olympic Stadium should finally be resolved at high noon on Wednesday.
West Ham remain favourites to inherit the arena that framed many of this summer's iconic sporting moments, but they have taken the precaution of drawing up three responses to the decision.
One is tailored to winning the bid; one in case they do not; and the third will be issued if the farce is prolonged by another deferral.

At last West Ham could find out on Wednesday whether they can move to Stratford
Another scenario is that West Ham could be awarded the stadium but be unhappy about caveats attached.
A successful end to the debacle hinges on the vote of the London Legacy Development Corporation board, who meet in Stratford under the chairmanship of London mayor Boris Johnson.
The key issue concerns how to meet the estimated 150million cost of converting the stadium to include football, athletics and concerts. West Ham have upped their contribution to 15m, plus 9m a year including rental, merchandising, catering and naming-rights revenue.
They believe that, with fellow tenants Newham Council paying 60m and the Treasury committed to a 38m subsidy, there will be no further call on the public purse.

Golden summer: The stadium hosted the London 2012 Olympic Games
They also dispute that the conversion will cost as much as 150m. No tenders are out for the work.
The Treasury said yesterday that they have not been asked for extra funding towards the stadium, which will remain unused until at least 2015 and possibly the 2016-17 football season.
That looks to have ruled out the stadium being a host venue for the 2015 Rugby World Cup.

Grand plans: West Ham's Vice-Chairman Karren Brady (R) has said that if the club are chosen, they are determined to create an arena that can be used for athletics, football and the community

Celebration: The London 2012 Olympics were an enormous success earlier this year
Leyton Orient, a Formula One consortium and a Burnley-based football business college are the rival bidders.
West Ham were given the stadium in 2011 before legal complaints sunk the deal.
Although a repeat may occur, it is thought the new process will stand up to scrutiny.

Artists impression of what the Olympic Stadium would look like should West Ham be handed the keys

















