2012 Olympic stadium may be demolished

Olympic chiefs were facing fresh embarrassment today after it reports claimed the £525m stadium may be knocked down after the games.

The London Development Agency is said to be considering plans to demolish the 2012 venue and build a Premier League football club.

The plan is seen as a potentially cheaper alternative to subsidising the site as an athletes venue and a way to prevent it becoming a “white elephant”.

The original plan was to remove 55,000 seats after the games, leaving a 25,000-capacity athletics arena.

Tottenham and West Ham are thought to be likely contenders to want to move into the site.

Another Olympic project – the Athlete’s village – also came under scrutiny this week after Nigel Hugill, face of the project at developer Lend Lease, resigned.