West Ham are preparing a victory press conference at a site overlooking the Olympic Stadium for later today. However, there may be yet another twist in this saga, as Tottenham Hostpur are thinking about seeking a judicial review of the Olympic Park Legacy Company’s widely leaked decision.
They may make a challenge under European competition law on the basis that the deal involved illegal state aid. West Ham would need to take out a £40m Treasury-backed loan from Newham Council to finance the cost of converting the stadium.
West Ham are preparing a victory press conference at a site overlooking the Olympic Stadium for later today. However, there may be yet another twist in this saga, as Tottenham Hostpur are thinking about seeking a judicial review of the Olympic Park Legacy Company’s widely leaked decision.
They may make a challenge under European competition law on the basis that the deal involved illegal state aid. West Ham would need to take out a £40m Treasury-backed loan from Newham Council to finance the cost of converting the stadium.
It is not illegal per se for a football club to receive a public subsidy: many stadiums in Europe are financed in this way. However, Spurs could argue that it was not a level playing field.