The problem is that the last Government promised to hand over ownership of the Olympic Park to the OPLC, debt-free, so that it could do the financial deals to sell or rent out the venues to the private sector after 2012.
It's a pretty fundamental action to take. Would you be able to sell your house if you didn't have ownership of it or possess the deeds? No chance.
But the new coalition Government has now put that decision on ice, while the Treasury reviews financial decisions taken by Labour.
Delays will make 2012 'white elephant' fear a reality
July 6, 2010