West Ham closing in on Olympic Stadium deal - Gold

The Hammers co-owner has revealed an agreement for the club to move to the prized venue could be completed as soon as March 16, ending several months of uncertainty
West Ham co-owner David Gold has revealed a deal for the club to move to the Olympic Stadium could be agreed as soon as March 16.

The east London side were named as the preferred bidder for the stadium on December 5 last year and have been in talks with the London Legacy Development Corporation ever since about a potential move.

And Gold has now confirmed that, after months of negotiations, an agreement is drawing near.

5/2 West Ham are 5/2 with BetVictor to finish in the top half this season
"I think we're close," he told talkSPORT.

"As we speak I'm being promised March 16th. We would sign the agreement then."

The LLDC board preferred the Hammers to League One side Leyton Orient, as well as the UCFB College of Football Business and a consortium linked to Formula 1.

The board are set to meet on March 26th, but an extraordinary general meeting could be called if an agreement over the £429m venue is reached before that date.

"I'm embarrassed because I've tweeted 10 times that it's going to be next week or next month and here's a date," Gold added.

"The date comes and goes and then I give another date, but I think we are close."

Negotiations with the LLDC include talks on West Ham's share of the costs of converting the Olympic venue, and retractable seating set to be installed for Hammers matches.

"We will only go there if it's fit for use," said Gold.

"I won't go there if I have to look over a running track, but I believe that we are in a once-in-a-lifetime opportunity, let's face it.

"They've built a stadium, albeit wrong shape and size."