Boris Johnson insists 'no more public money spent on converting Olympic Stadium'
Last Updated: 15/01/14 3:19pm
Boris Johnson (second left) with West Ham contingent outside Olympic Stadium
London Mayor Boris Johnson has revealed no further public money will be spent on converting the Olympic Stadium into a football ground.
Last week it was announced the cost of turning the Stratford showpiece, which West Ham will take over as tenants in 2016, would be £154m, with much of it coming from the taxpayer.
There had been fears further monies would be required to convert the 80,000-seater arena but Mayor Johnson is adamant the spending has stopped.
Mayor on Olympic Stadium
Speaking to the London Assembly he said: "With the cash we are putting in now, we will be able to deliver a solution for the stadium that gives Premier League football in the winter, athletics in the summer plus a whole load of other things.
"This is a knockout, iconic venue for London and thanks to the deal we have done once this capital investment is made there will be no further charge to the public purse, indeed I believe we may even make a turn on it.
"That again is very, very different from any other Olympic city, most of whom have had real difficulties with their stadiums."