London 2012: Olympic Stadium tenant announcement is delayed
Parties interested in taking control of the Olympic Stadium after the Games have been given an extra eight weeks to submit their bids.
Legacy bosses have extended the process after issues arose surrounding naming rights, stadium improvements and governing body approvals.
A decision on a successful tenant for the venue was expected on May 21.
West Ham United, Essex County Cricket Club and the University of East London were among 16 parties to register their interest in signing the 99-year lease on offer.
They will be able to re-submit their bids.
You may also want to watch:
Andrew Altman, chief executive of the London Legacy Development Corporation, said: “We have been very encouraged by the quality of the bids so far.
“However, a number of issues have arisen during the process and we believe it is sensible to give everyone more time so they can be addressed.
- 1 Election 2021: Live updates for GLA, by-election and referendum
- 2 Call for 'zero tolerance' crackdown on Newham gangs
- 3 Woman arrested in Custom House fatal stabbing and shooting investigation
- 4 Early front-runners for Leyton Orient managerial vacancy
- 5 Teenagers killed in London in 2021 so far nears 2020 total
- 6 Player ratings: Coufal shines as West Ham fall to Everton defeat
- 7 Man hit by car in alleged Canning Town 'fight' dies from injuries
- 8 Fly-tippers dump loft insulation, building waste and sink on Wanstead Flats
- 9 Leyton Orient defender Josh Coulson set to depart
- 10 We're down, but not out insists West Ham boss Moyes after Everton loss
“We want to make the process as competitive as possible and extending the competition period will allow all parties that registered an initial interest in the stadium another chance to bid.
“The fundamentals have not changed and it remains our intention to sign construction contracts for converting the Stadium at the end of October, with the intention of re-opening in 2014 as previously announced.”