LONDON – It's an Olympic party venue fit for a king — or even Russian sporting authorities.
Russia's Olympic Committee plans to host events during the London 2012 Olympics on part of the grounds of the future home of Prince William and his wife Kate.
Buckingham Palace said Thursday that Perks Field, used by the royal family as a soccer field and a helicopter landing pad, had been made available for hire to those seeking to wow their guests. The site is adjacent to Kensington Palace, which will be the London residence of the Duke and Duchess of Cambridge from 2013.
A planning application lodged with local authorities shows that Eventica, a company with offices in London and Moscow, hopes to construct a temporary national pavilion on the field during the summer games, which run from July 27 to Aug. 12.
Eventica confirmed that the Russian Olympic Committee planned to use the venue after an agreement was reached with royal officials to hire out the site. The firm would not disclose how much it had cost or give details of planned events.
Britain's royal family has already taken a rare decision to rent out rooms at St. James's Palace — where William and Prince Harry have offices — as party venues.
The moves come as Queen Elizabeth II and her family face a potential financial shortfall, after Britain's government that announced public funding to the royal family would be cut by about 9 percent by 2015 under a deficit-reduction program.
"The renting of Perks Field is a way of managing and adding to the budget," a Buckingham Palace spokesman said, on condition of anonymity in line with policy.
William is second in line to the British throne, after his father Prince Charles.