French construction firm to run Olympic Stadium for 25 years

PUBLISHED: 14:15 04 February 2015 | UPDATED: 14:20 04 February 2015

West Ham are due to move into the Olympic Stadium in 2016. Picture: PA Wire

West Ham are due to move into the Olympic Stadium in 2016. Picture: PA Wire

PA Wire/Press Association Images

A French construction giant has landed a 25-year contract to run the former Olympic Stadium.

Already operating a network of venues including the Stade de France in Paris, VINCI Stadium, has been appointed to manage the ground at the Queen Elizabeth Olympic Park.

Mayor of London Boris Johnson said: “This is more good news in our goal to deliver a long-lasting legacy from London’s Olympic and Paralympic Games.

“VINCI is a world-class operator and set to be a key partner in the creation of a spectacular stadium offering a dynamic range of sport and attractions for Londoners to enjoy.”

Currently being transformed into a multi-use stadium, it will host five matches of this year’s Rugby World Cup before re-opening fully in 2016 when it will become the home of West Ham United and the national competition venue for UK Athletics.

VINCI Stadium, a subsidiary of VINCI Concessions, will be responsible for all day-to-day aspects of running and managing the ground, working with the E20 Stadium Partnership – a joint venture between the London Legacy Development Corporation and Newham Council ­– to promote sport and healthy living.

The company will also manage the London Marathon Charitable Trust Community Track and events on the south park lawn, below the ArcelorMittal Orbit.

David Goldstone, chief executive London Legacy Development Corporation said: “This marks another step forward in the long-term future of the Stadium.

“VINCI have a great track record and a wealth of experience in managing world-class venues.

“We are looking forward to working with them and delivering a multi-use stadium capable of hosting a range of different sports and events, including this autumn’s Rugby World Cup.”

The Stadium is owned by the E20 Stadium LLP, set up between the London Legacy Development Corporation and Newham Council, who have shared responsibility for the Stadium’s future as an all-round multi-use venue, delivering a lasting sporting, cultural and commercial legacy.

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