Bank funds new sports stadium

A mulit-million-pound redevelopment of a West London sports stadium is designed to revive grass-roots sports in the area.

Sporting stars have unveiled a flagship stadium forming part of a £30m initiative billed as the biggest-ever investment by a UK company in “grass-roots sport”. Chelsea FC’s Shaun Wright-Phillips and John Terry teamed up with England rugby player Will Greenwood and schoolchildren for the opening of the redeveloped Linford Christie Outdoor Sports Centre in White City, London. The venue includes floodlit football, rugby and hockey pitches and athletics areas. The overhaul of the semi-derelict complex followed a £600,000 handout from the Football Foundation, dedicated to revitalising soccer, and Barclays Bank. The stadium is designed to promote local talent for the 2012 Olympics and beyond. Barclays Bank’s Spaces for Sports scheme is a three-year, £30m push to promote sport in the community, which it claims is the biggest investment of its kind by a UK firm. It said it was committed to invest one per cent of its pre-tax profits in communities. The former west London Stadium was renamed in honour of Linford Christie, who sprinted to gold in the Barcelona Olympics in 1992.

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