The decision to make public the details of the Olympic Stadium deal is set to be challenged by managers of the site, according to the BBC.
The London Legacy Development Corporation has stated that they are willing to release further information about the deal but state that they do not want sensitive financial figures becoming public.
The reason for the recent debacle is due to a group of 14 supporters’ trusts submitting a freedom of information request in order to find out the exact details of the tenancy.
West Ham have stated that they are happy for the information to be released but believe details of shareholders should remain private:
“Other than the personal affairs of our shareholders, we are happy to disclose the entire document, the details of which have been accurately reported widely enough already.”
The LLDC explained their decision to appeal the release of the details:
“The appeal relates only to information which, if released, could significantly reduce the level of financial return to the taxpayer as it would undermine negotiations with future users of the stadium and other partners,”
The time frame of the appeal decision is unclear as a rather lengthy procedure continues.
The Hammers will move into the stadium this summer, starting a 99-year deal as anchor tenants.
