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West Ham stadium deal

West Ham football club has been officially confirmed as the new tenant of the Olympic Stadium.

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How will stadium conversion costs be shared?

For the stadium to be fit for football, big money needs to be spent - the conversion will cost between £150 million and £200 million.

Of that, West Ham will contribute fifteen million pounds, Newham Council will lend a further £40m, the government has agreed to provide up to £25 million if it's needed, and the rest will also have to be funded by tax payers.

The cost of converting the stadium will be shared by West Ham, Newham Council and taxpayers. Credit: ITN

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