London Stadium owners, London Legacy Development Corporation will most likely remain in existence after 2025 subject to consultation.
It had been thought that public body would be disbanded in 2025 when LLDC’s Town Planning powers will return to the London Boroughs of Hackney, Newham, Tower
Hamlets and Waltham Forest on 1 December 2024
Earlier this year it was announced that LLDC will maintain its status as a Mayoral Development Corporation and a functional body of the GLA beyond 1 April 2025 but with reduced functions, a reconstituted Board and governance structure, and a reduced area which includes the London Stadium (subject to consultation).
That consultation finished in May although the results have yet to be published. It is now up the Mayor of London to make a final decision.
It had been hoped that LLDC were under some time pressure to long lease the London Stadium to West Ham before 2025 but it appears that is not the case and the public body is set to continue operating the loss making stadium badly for the foreseeable future.