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  • Challenges and Risks (Supplementary) [6]

    • Question by: Kit Malthouse
    • Meeting date: 10 March 2010
    I wanted to explore your not-for-profit status. My assumption, from what you are saying, is that, with the not-for-profit status of the Legacy Company, it is not, therefore, envisaged there will be any return to the shareholders at any point, and that any surplus that may or may not arise would be ploughed back into the Park effectively. You are saying it may be the case that actually it is the reverse; it is not only a not-for-profit company but it might be a, 'We need more money company' and that you might look to the shareholders for more money...
  • Future of Olympic Stadium (Supplementary) [1]

    • Question by: Kit Malthouse
    • Meeting date: 10 March 2010
    It sounds to me like you are saying, in coded language, that the retention of the athletics obligation is a disincentive, effectively, for commercial companies to come forward and use the stadium. Is that right?
  • Land remediation (Supplementary) [2]

    • Question by: Kit Malthouse
    • Meeting date: 10 March 2010
    On remediation, are you aware of any warranty protection that the ODA might have on remediation with the contractors and, if so, will you inherit it? If not, is there a general remediation insurance policy in place for any works that may or may not be needed, and are you going to inherit and therefore keep that one on?