Mayor of London Boris Johnson has made an historic announcement confirming that West Ham United have reached an agreement with the London Legacy Development Corporation (LLDC) granting the club the right to become the anchor tenant at the iconic Olympic Stadium.
Supporters have now seen the first images of what West Ham's new 54,000-seater UEFA Category 4 status home will look like when the club moves into it in 2016.
Here, we answer many of the questions you may have about the Hammers' impending move to their new home.
Why is this a good move for West Ham United Football Club?
• This is a once-in-a-lifetime opportunity to move to a worldwide, iconic Stadium that will offer West Ham the chance to compete with the very best teams in the country and across Europe.
• The multi-million pound conversion will ensure the Olympic Stadium is amongst the world's finest football venues and will hold the prestigious UEFA Category 4 status, without putting a financial burden on the club.
• It's provides an opportunity to improve the club's fortunes on every level including opening doors to new revenue opportunities.
• New revenue opportunities will help enable further investment in the team and training facilities so we can achieve our footballing ambitions.
• West Ham will be moving to one of the most well connected stadiums in Europe. The DLR station at Stratford International is transforming the station into a key transport hub for Newham
and East London. In addition Stratford is serviced by the Central and Jubilee lines on the Underground as well as London Overground and the high-speed rail service from the city.
• The 54,000 capacity could see us listed amongst the top five attended clubs in the Barclays Premier League and is a fantastic opportunity to further grow our fan base on a global scale.
Can you tell me more about the the deal between West Ham United and the LLDC?
• An upfront capital contribution of £15m which along with a share of Naming rights income will assist with the cost of the overall transformation works.
• An annual rent that delivers an anchor tenant to ensure the stadiums long-term viability.
• The deal has been structured in a way that secures affordable rent for the duration of the 99-year tenancy.
• The draft agreement we have signed is still subject to many things, including planning permission, and for us, our supporter consultation.
• We were happy to confirm that we would make a windfall payment to the LLDC above an agreed base case in the event we sold the club as we do not plan to do so. We have no intention of selling the club.
• The OS will never cost the Club more than we can afford and the Chairmen have personally guaranteed payments to the Stadium if the club can't.
What can you tell me about the Olympic Stadium?
• Retractable seats all around the pitch which will bring our fans closer to the action whilst the expanded state of the art transparent roof will cover all seats and harness that globally famous
atmosphere.
• No seats will be further away than Wembley.
• New catering, toilets and concession facilities will improve the overall match day experience.
• The pitch quality will be second to none with under soil heating, drainage and the all-new Desso field of play.
• We play all our home games at the Stadium which once converted will have the look and feel of West Ham's home ground.
• We will provide world-class corporate facilities.
When do West Ham envisage playing their first game at the Olympic Stadium?
• The club intend to kick off their 2016/17 campaign from the Olympic Stadium with a Bobby Moore Cup friendly fixture.
How will it feel like West Ham's home?
• We hope our supporters will continue to help us determine how to ensure the Stadium becomes a fitting home for a Club with our rich heritage.
• A number of key aspects including crests, livery, insignia and memorabilia are named in the agreement as part of the Stadium Specification.
What will happen to the Boleyn Ground and surrounding area following the move?
• Although details remain confidential for the time being, the move provides an opportunity to regenerate two areas of east London.
What is the next step for West Ham United supporters?
• We are grateful to our supporters for their loyalty and patience for the duration of the process so far and we are delighted to finally be able to share details of our ambitions plans for the
Stadium.
• Following extensive feedback from our supporters we have shortlisted three recognised independent organisations with a view to appointing one to conduct in-depth consultation.
• We understand that there will be some supporters that still have questions and that is completely understandable. There will now be open dialogue between the club and supporters to help them to make informed decisions.
• Supporter's feedback will be used to shape every decision we make including how the Stadium could become West Ham's home, what would comes with us to Stratford and how we say a
fitting farewell to the Boleyn Ground.
What does the move to the Olympic Stadium mean for the local community?
• We are offering up to 100,000 free tickets per season that will ensure some of the most deprived children in the country will gain access to elite sport and drive an increase in sports
participation.
• Our award-winning community department will continue to operate multi- sport, educational and cultural activities to deliver the legacy we have always promised and to encourage youngsters to lead healthy active lifestyles.
Will more and affordable tickets be made available to supporters?
• As a Board we have always been committed to offering affordable family football and the increased capacity opens up many new opportunities to support this initiative.
• There will be more affordable seats and more entry level pricing but we'll also be able to offer the more premium products that our current stadium cannot offer at present.
• We have already gauged the thoughts of many of our season ticket holders and now the plans are in the public domain we can consult them further on the likes of a migration policy, price, location and additional benefits.
• The move will ensure the club is more accessible to our existing supporters, plus will be more attractive to key groups, families and female supporters in particular, to name a few.