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Tottenham, West Ham must cough up big for stadium bond

Tottenham and West Ham United must cough up £20 million if they win the right to buy the London Olympic stadium.

The London Evening Standard says the two competing clubs will have to pay a bond, thought to be £20million, if they buy the Olympic stadium.

The deposit, revealed by Sports minister Hugh Robertson, will ensure the winner does not back out of the move with Spurs' other option being a new ground at White Hart Lane.

Mr Robertson said the Olympic Park Legacy Company board will meet on 28 January to decide the future of the £500m state-owned stadium.

In a Lords debate last night he said: "I am absolutely sure that some form of deposit or bond will be taken from whichever preferred bidder emerges."

 It's all kicking off again! Click here for the No1 coverage of Tottenham's winter market transfer news.

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