Mayor of London Sadiq Khan has taken charge of the Olympic Stadium after a report found that it was losing more than £20m a year. Sadiq Khan criticised his predecessor, Boris Johnson, claiming that he had 'panicked' and allowed the taxpayer to foot the £300m bill to convert the venue into a football stadium for West Ham United. The conversion has cost £113m more than estimated and the stadium is forecast to lose £24m in 2017-18. Under the deal struck by Mr Johnson when he was mayor West Ham pays £2.5m a year as part of a 99-year lease, which is reduced to £1.25m if they are relegated from the Premier League. The costs of converting the stadium were largely borne by the taxpayer with the club contributing £15m. Stewarding and policing costs, along with such items as cleaners, turnstile operators, goalposts and corner flags are picked up by the publicly owned operator E20. The review commissioned by the mayor found that since that deal was signed, policing and stewarding co...