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ISG emerges as Olympic Stadium bidder

Stadium management and financing firm International Stadia Group (ISG) has emerged as a bidder to take over the Olympic Stadium after the London 2012 Games.

According to commercial property market magazine Estates Gazzette, the group established by the sports and media agency IMG will rival English Premier League clubs Tottenham and West Ham to be the venue tenants.

“The OPLC will review the bids over the coming weeks to create a shortlist for formal negotiations,” an Olympic Park Legacy Company (OPLC) spokeswoman told UK newspaper Guardian.

It is understood that ISG, which was responsible for the new Wembley stadium financing model, does not have a football club as a joint bidder

Tottenham and West Ham partnered with sport and entertainment companies AEG and Live Nation, respectively, to bid for the stadium.