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Olympic Stadium; our day in court

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  • Not checking again but I think I read that a year ago it was calculated you could build £2.5 billion worth of flats on it. 
  • sam3110
    sam3110 Posts: 21,757
    Not checking again but I think I read that a year ago it was calculated you could build £2.5 billion worth of flats on it. 
    At least, given the size of the plot of land and the location next to a park, a shopping centre and a huge transport hub in Stratford
  • SporadicAddick
    SporadicAddick Posts: 7,051
    sam3110 said:
    Not checking again but I think I read that a year ago it was calculated you could build £2.5 billion worth of flats on it. 
    At least, given the size of the plot of land and the location next to a park, a shopping centre and a huge transport hub in Stratford
    Plus easy access to the stadium.
  • Dippenhall
    Dippenhall Posts: 3,928
    The financial benefit to WH from the stadium lease being effectively in perpetuity will be reflected in the price of WH shares. Guess what - the taxpayer only got a share of the profits on the sale of WH if it was sold within 5 years (from memory) of the signing of the stadium contract.
  • soapy_jones
    soapy_jones Posts: 21,479
    Searched CL and hope this is the correct thread.

    I see those cheeky claret n blue porn barons are about to dip into public funds once more. Gleefully nose bagging into Mayor Khant''s pot of gold to upgrade the London Stadium.

    Does anyone have further knowledge or links? I have unsuccessfully tried to back track and find where the hell I saw this.  I may of course halucinated the whole thing but a stink is a stink and as a tax payer, i hold a grudge.
  • sam3110
    sam3110 Posts: 21,757
    Unfortunately it's been so long and they've had it off with so much taxpayers money already, I doubt many people care anymore. 
  • stoneroses19
    stoneroses19 Posts: 7,366
    Searched CL and hope this is the correct thread.

    I see those cheeky claret n blue porn barons are about to dip into public funds once more. Gleefully nose bagging into Mayor Khant''s pot of gold to upgrade the London Stadium.

    Does anyone have further knowledge or links? I have unsuccessfully tried to back track and find where the hell I saw this.  I may of course halucinated the whole thing but a stink is a stink and as a tax payer, i hold a grudge.

    Looks like it is being upgraded by the LLDC, rather than West Ham, but obviously being there ground they will benefit anyway. 


  • Searched CL and hope this is the correct thread.

    I see those cheeky claret n blue porn barons are about to dip into public funds once more. Gleefully nose bagging into Mayor Khant''s pot of gold to upgrade the London Stadium.

    Does anyone have further knowledge or links? I have unsuccessfully tried to back track and find where the hell I saw this.  I may of course halucinated the whole thing but a stink is a stink and as a tax payer, i hold a grudge.

    Looks like it is being upgraded by the LLDC, rather than West Ham, but obviously being there ground they will benefit anyway. 


    Of course, West Ham will tout this as evidence of their commitment to addressing climate change (and will probably claim it for any carbon off-setting that they are supposed to do).
  • Chizz
    Chizz Posts: 28,469
    West Ham should be able to get a good deal next time they send out season tickets
  • Searched CL and hope this is the correct thread.

    I see those cheeky claret n blue porn barons are about to dip into public funds once more. Gleefully nose bagging into Mayor Khant''s pot of gold to upgrade the London Stadium.

    Does anyone have further knowledge or links? I have unsuccessfully tried to back track and find where the hell I saw this.  I may of course halucinated the whole thing but a stink is a stink and as a tax payer, i hold a grudge.

    Looks like it is being upgraded by the LLDC, rather than West Ham, but obviously being there ground they will benefit anyway. 


    Of course, West Ham will tout this as evidence of their commitment to addressing climate change (and will probably claim it for any carbon off-setting that they are supposed to do).
    This is certainly an interesting approach, but I'd like to see more concrete measures to reduce carbon emissions, not just advertising. It looks like just PR

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  • TelMc32
    TelMc32 Posts: 9,201
    edited January 2025
    West Ham in £4m legal battle with London Stadium landlords

    Those cheeky Hamsters are trying to claw back nearly £4m of the “penalty” they had to pay when Kretinsky bought a stake in the club under an added value clause that was in the contract til 2023. 

    The report also confirms that E20 paid £8.3m installing solar panels to upgrade the stadium last year, just less than twice the £4.4m that WHam now pay in rent. E20 made an underlying loss for the year of £14.3m.

    The stench on this “deal of the century” really doesn’t lessen as the years go by.



  • Ferryman
    Ferryman Posts: 2,929
    Just noticed this on LinkedIn -apologies if posted elsewhere


    I haven’t got a problem with selling it to them, providing it at its true market value.
    Better still, get Roland to value it for them.
  • TelMc32 said:
    West Ham in £4m legal battle with London Stadium landlords

    Those cheeky Hamsters are trying to claw back nearly £4m of the “penalty” they had to pay when Kretinsky bought a stake in the club under an added value clause that was in the contract til 2023. 

    The report also confirms that E20 paid £8.3m installing solar panels to upgrade the stadium last year, just less than twice the £4.4m that WHam now pay in rent. E20 made an underlying loss for the year of £14.3m.

    The stench on this “deal of the century” really doesn’t lessen as the years go by.



    Well they need it to pay their recently sacked manager who has compensation of £3 million for being a failure. 
  • Surprisingly there are people on the West Ham fan forum saying that in the event of relegation. 
    West Ham should move away from the Olympic Stadium and play their Championship home games at the Valley. 

    Apparently the fans love affair with the Olympic Stadium is now well and truly on the rocks. 
    The place lacks atmosphere and even with large crowds the ground feels empty and soulless.

    Their published attendance figures of + 60,000 (really) will be a distant memory, and the ground atmosphere will be far worse playing in front of 25,000 - 30,000.
  • CAFCTrev
    CAFCTrev Posts: 6,103
    edited January 8
    West Ham should move away from the Olympic Stadium and play their Championship home games at the Valley.
    I recommend West Ham ground share with Millwall.
  • iaitch
    iaitch Posts: 10,381
    Plenty of overtime for the police.
  • sam3110
    sam3110 Posts: 21,757
    They can fuck off, go share with somewhere closer to their fan base, Billericay Town will do
  • SporadicAddick
    SporadicAddick Posts: 7,051
    I liked playing at West Ham. We went there in full knowledge that it was definitely a stopgap (although it went from a plan for 3 games to a season and a half), unlike Shithurst, which was presented as our permanent home, but was still a shithole even when we knew it wasn't for the long term. 

    Having West Ham share with us would be wholly acceptable if the income / rent gave us the opportunity to invest in the purchase of the ground.

    All that said, it's a suggestion that has absolutely zero chance of happening, so we can all move on...  
  • iaitch
    iaitch Posts: 10,381
    Assume West Ham would want us to pay them to share our ground as they don't seem to like paying for things since they went to the London Stadium.
  • bobmunro
    bobmunro Posts: 21,141
    edited January 8
    iaitch said:
    Assume West Ham would want us to pay them to share our ground as they don't seem to like paying for things since they went to the London Stadium.

    I doubt they would ask us to pay them - more likely they would ask RBG to fund it from council tax payers money. They do like a good public money handout after all.

    Irrelevant of course - they can just f*ck off and play on Hackney Marshes.

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  • BrentfordAddick
    BrentfordAddick Posts: 1,487
    They never really loved it, I've heard, but they thought it would open the door to Top 4 and all sorts of glory. Plus, they have gone to some of the new stadiums built in the past few years and seen how great they are. If they go down it's possible that some of the upper tier areas will be closed off. 
  • mascot88
    mascot88 Posts: 9,773
    Leaving Upton park was the biggest mistake in modern football history - Something has been lost for that club that can't be replaced. 

    They have zero chance of funding a new stadium so are left with a soulless, build for an entirely DIFFERENT purchase, athletics stadium - that will never satisfy true West Ham fans. 

    The area around Upton park has been lost from football. 

    They sold up for fools gold and now they are going to truly feel it in the Championship. 
  • Why would they move out - they pay virtually nothing now, and if I remember correctly, they’ll pay even less if they are relegated. The fans may hate the place, but it’s free money for the owners. 

    I doubt they’d be complaining as much if they were winning. 
  • Weegie Addick
    Weegie Addick Posts: 16,756
    edited January 8
    A lesson in what happens when you put money (big stadium £££ in WHU case) ahead of your history and culture. It nearly happened to us in dire, rather than opportunistic, circumstances back in 1985. But the lesson is the same. 

    By the way, we did win quite a lot in exile - probably why we still exist. Lennie Lawrence 😇🙏
  • Weegie Addick
    Weegie Addick Posts: 16,756
    I’ll add that as a fan who experienced the era from a Charlton perspective, playing at Upton Park was a much more welcoming and acceptable alternative to The Valley than the other place (nearly said shitehole) ever could be. 
  • MrLargo
    MrLargo Posts: 8,022
    Why would they move out - they pay virtually nothing now, and if I remember correctly, they’ll pay even less if they are relegated. The fans may hate the place, but it’s free money for the owners. 

    I doubt they’d be complaining as much if they were winning
    Well that was what the board sold to them. "This stadium will enable us to challenge for the top 4".

    The fans don't do themselves any favours by turning on every good manager they get for being too boring, but ultimately there's no strategy at all on the football side, no hint of ambition. 
  • MrLargo said:
    Why would they move out - they pay virtually nothing now, and if I remember correctly, they’ll pay even less if they are relegated. The fans may hate the place, but it’s free money for the owners. 

    I doubt they’d be complaining as much if they were winning
    Well that was what the board sold to them. "This stadium will enable us to challenge for the top 4".

    The fans don't do themselves any favours by turning on every good manager they get for being too boring, but ultimately there's no strategy at all on the football side, no hint of ambition. 
    The trouble with boring football is it eventually only ever leads to a downward spiral and relegation 
  • The fans were sold a dream, but moving into a stadium that was obviously not built for football seems crazy in hindsight. I know it was similar to Man City (but at least they have turned it more into a football stadium post commonwealth games). 
  • mascot88
    mascot88 Posts: 9,773
    edited 1:19AM
    The fans were sold a dream, but moving into a stadium that was obviously not built for football seems crazy in hindsight. I know it was similar to Man City (but at least they have turned it more into a football stadium post commonwealth games). 
    That was the key difference. 

    It was built for the olympics but with a secondary stage to turn it into a Football stadium. 

    The London Stadium was not, the sight lines are wrong, they are too shallow. 

    It's not as steep as say a Stadio Olympico which "works" as a football stadium. 

    And to make an area of London so steeped in Football entirely redundant is a tragedy. 

    We are extremely fortunate as fans to have SUCH a deep love for the Valley, given what we all went through it's understandable, I do wonder if other clubs feel as connected to their stadium?