London reveals design for spectacular £496m 2012 Olympic Stadium

LONDON 2012 have unveiled the design for their £496 million (€711 million) Olympic stadium.

The 80,000-seat venue in Stratford, east London, will be scaled down to a 25,000-capacity venue after the Games and will be used for major athletics events after the Olympics.

In the three years since London launched their bid for the Games, the cost of the development has jumped in price from the estimated £280m quoted in 2004.