Property deals: fewer and fewer places to hide

“Olympic bosses ordered to reveal West Ham stadium deal

Olympic Stadium bosses have been ordered to reveal details of their deal with West Ham United over the club’s use of the east London stadium.

The London Legacy Development Corporation (LLDC) fought a London Assembly ruling that the contract should be made public. The appeal has been rejected by a separate tribunal.

West Ham are due to move to the Olympic Stadium at the end of the season.
The LLDC has the right to appeal against the latest decision.
It has not yet made a comment on the tribunal outcome.

West Ham’s vice-chairman Karren Brady has previously said she fought for the best deal, but has denied this was at the expense of taxpayers.
A fans’ group which called for the publication of the contract said it was “naturally delighted with the outcome”. …

… Football supporters first submitted a Freedom of Information request to obtain the tenancy agreement [West Ham and the Olympic stadium] amid claims the LLDC would subsidise the rent.

However, bosses appealed saying it would place them at a commercial disadvantage, undermine negotiations and reduce returns to the taxpayer.

In January, the London Assembly heard about £17,000 had been spent by the corporation to stop details of the deal being revealed.

http://www.bbc.co.uk/news/uk-england-london-36017396