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Leyton Orient have dropped a legal battle against West Ham’s move to the Olympic Stadium and reached an undisclosed settlement with the Premier League.
Orient chairman Barry Hearn, who has agreed to sell the club to Italian businessman Francesco Becchetti, wanted to explore the options of a groundshare and had called for a judicial review into the decision of the London Legacy Development Corporation to appoint their east London rivals as the anchor tenant, set to pay some £2 million a year in rent.
However, the Premier League confirmed in a short statement yesterday that Orient, who feared a hit on their attendances at Brisbane Road which borders the Olympic Park site, would now be calling an end to what had been a three-year long battle.
“The Premier League and Leyton Orient are pleased to announce that they have reached settlement of a dispute regarding the future use of the Olympic Stadium on terms which are confidential,” the statement read.
“Leyton Orient confirms, however, that it no longer disputes the validity of the Premier League’s decision to allow West Ham United to occupy the Stadium.”
West Ham, meanwhile, are set to move from Upton Park into the renovated 54,000-capacity stadium at Stratford ahead of the start of the 2016/17 season.