Press Release
Mayor agrees £17 million deal to help keep the stadium at Wembley
26-10-2001 452
Ken Livingstone, Mayor of London, today announced plans to remove one of the final obstacles to Wembley keeping the national football stadium. He has agreed to provide £17 million towards the infrastructure costs of the scheme. This will replace money that would otherwise have been paid by the Football Association (FA) as part of the stadium's costs.
The Mayor has worked with a number of partners, including central government, the FA, Brent Council and the London Development Agency (LDA) over the past few weeks to look at funding options for the stadium's infrastructure.
Ken Livingstone commented:
"I wanted to make sure that the finances for the surrounding infrastructure were fully in place. This has involved working with the LDA to support more of the infrastructure costs required for the scheme. This is a significant contribution to remove any remaining obstacles to going ahead with Wembley.
"We already have superior transport links in place with plans to improve them further including, among other things, a new £90 million state-of-the-art Wembley Park Station. The site already has planning permission and the scheme is ready to go. The last thing football needs is yet more delay"
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Notes to Editors
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