Today’s news that West Ham United have signed a deal with the City of London to move into the Olympic Stadium in 2016 on a 99-year lease is a mammoth day in the history of the Premier League. The last time a current Premier League side switched stadium was in 2006 when Arsenal moved from Arsenal Stadium to Emirates Stadium.

Former British sports minister Richard Caborn, however, is not so pleased with the decision. “This is the biggest mistake of the Olympics and lessons should be learned from this. West Ham are basically getting a stadium costing more than £600m for just £15m and a small amount in annual rent [£2m].”

“Time and again mistakes are made with Olympic stadiums and the lessons should be learned for any future similar projects,” he added.

Caborn’s opinions aside, this is a huge step up for West Ham United who will be moving from the Boleyn Ground (known more familiarly as Upton Park) — their home since 1904, with a capacity of 35,000 — a few miles down the road to the London Olympic Stadium, which will have a capacity of approximately 54,000.

It’s a sad day for football traditionalists and for Leyton Orient. The latter will have a new football club on its doorstep — just 750 yards down the road. And it may mean that Orient will move to Essex after being in East London since 1881.

Here are today’s Premier League news headlines:

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