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Live Nation and AEG both interested in Olympics stadium
By CMU Editorial | Published on Friday 18 May 2012
Live entertainment giants Live Nation and AEG Live are both expected to bid to operate London’s Olympic Stadium after this year’s Games, according to Bloomberg.
The Olympics venue will be third biggest stadium in the UK, behind Wembley and Twickenham. Live Nation chief Michael Rapino told the news service that his company was interested in operating the venue if the price was right, while AEG exec Rod O’Connor confirmed his firm had also met with the committee running the bidding for management rights.
It has long been expected that West Ham football club would become the main tenants at the stadium after the Olympics, though various legal challenges by rival football clubs have hindered those plans.
That said, London mayor Boris Johnson has said he still ultimately expects West Ham to get their hands on the stadium, though it’s not entirely clear if Live Nation or AEG could also have some rights over the venue for other sports and entertainment events.
