ownership
London Stadium sale speculation
Started Last Movement
No purchase offer or asking price has been set for London Stadium, according to a stadium spokesperson quoted by City AM and relayed by Claret&Hugh.
The reported £50m figure is not an official valuation, and the outlet argues that any purchase would bring substantial redevelopment and running costs.
No-Guff Summary
- A London Stadium spokesperson told City AM that no offer to buy the ground has been received and no price has been set, according to Claret&Hugh.
- Claret&Hugh says the £50m figure began as an estimate, not an official asking price.
- The outlet argues that buying the stadium would also mean paying for major reconfiguration and ongoing costs.