Mobbs in line for Wembley

Sir Nigel Mobbs, chairman of Slough Estates, has been approached by regeneration agency English Partnerships with a view to masterminding the £320 million redevelopment of Wembley Stadium.

Sir Nigel told CJ: "There is a rumour to that effect but nothing has been formalised as yet. I am currently in discussions with English Partnerships, I expect a decision within the next four weeks."

One of his key tasks will be to ensure that costs do not escalate out of control. Critics say that if spending is not reined in at Wembley, the project could become embarrassing for the Government. There are already fears that a further £80 million is required just to overcome Wembley's planning and transport problems.

Sir Nigel said: "I would draw together the various parties to ensure that the new stadium and its surrounding area are built compatible to a national stadium."

Sir Nigel expressed a keen interest in becoming involved in the prestigious project. To comply with European procurement rules, it is also likely that international designers and contractors will now be asked to tender for the work.