02 operator to run Wembley

 
Kasmira Jefford
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THE OPERATOR of the O2 Arena in the Docklands is to add another large entertainment venue to its books after winning approval to manage Wembley Arena.

AEG Facilities, an affiliate of entertainment giant AEG, was given the all-clear by the Competition Commission to run the site on behalf of its owner Quintain.

The property developer, which owns 85 acres of land at Wembley, signed the 15-year deal with AEG after its contract with rival operator Live Nation came to an end.

Quintain chief operating officer James Saunders said AEG would bring “more live music and family events” to the 12,500 seat arena.