London Stadium problems to be laid bare with landlords expected to reveal massive debts after summons notice



The difficulties facing the financially-stricken London Stadium and the decisions that have caused its problems are shortly going to be laid bare. The London Assembly have issued a summons notice for the annual accounts of stadium landlords E20, saying not enough information was forthcoming.
It's expected that the E20 figures will reveal massive debts that will greatly impact on the current value of the £753million stadium that earned iconic status during the 2012 Olympics and now houses West Ham United.
Also due to be published soon is the report — commissioned by London mayor Sadiq Khan —... read more

 
23 November 2017 in Sport, Views: 37
Source: Daily Mail
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