Coe Dismisses Olympic Stadium Bids

London 2012 chairman Lord Coe has dismissed West Ham’s hopes of moving into the
new Olympic Stadium by stating that none of the clubs currently looking at the
venue are close to meeting the ground’s valuation.

Coe said that the organising committee has placed a £100m price tag on the
stadium – a fee that none of the clubs believed to be bidding to take over the
ground post-2012 were close to.

‘At the current moment, none of the clubs taking a look at this are remotely
in the same ball park,’ he stated.
In a further blow to the plans of
Premiership football clubs, Coe also insisted that London 2012 would honour the
pledge to provide an enduring legacy for athletics.

‘If football wants to
play within the confines of a track and field configuration, are prepared to
give track and field primary usage, and are coming to the table with £100m-plus
to make this a viable option of course we would look at it.’