Third bidder emerges for Olympic Stadium 10/11/2010 |
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International Stadia Group (ISG), a stadium management and financing operation founded by IMG, has emerged as a potential tenant of London’s Olympic Stadium.
The group, which has worked on a number of high-profile projects including the new Wembley and the failed Donington Park debenture scheme, is reported to be the third candidate bidding to take on the 2012 stadium along with Tottenham Hotspur and West Ham.
Estates Gazette claims that ISG, which specialises in planning debentures and other funding solutions for stadium building, has submitted a bid and made a presentation to the Olympic Park Legacy Company last Friday (November 5).
Most recently, ISG was hired to manage the sale of the premium seating at the remodelled Landsdowne Road in Dublin, now called the Aviva Stadium.
It is thought ISG may plan to run the Olympic Stadium without an anchor football tenant, and would seek to attract regular events such as the NFL’s international round or eventually a London franchise to the arena.
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