The Times- West Ham open to sharing Olympic Stadium

Discussion in 'The New Stadium' started by THFCSPURS19, Oct 11, 2014.

  1. Lilbaz

    Lilbaz Just call me Baz

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    They have financial advisors that will tell them they could get a fortune for their lease. I doubt they'd just give it up.
     
  2. worcestersauce

    worcestersauce "I'm no optimist I'm just a prisoner of hope

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    True, so I guess they will have to be bought out of their contract possibly by West Ham which will effect the sale price of the stadium. Sorry Lilbaz I just don't have your faith in governments honouring a 99 year leases and by selling the lease with the stadium to West Ham it becomes their problem or put another way, their opportunity.
     
  3. Spursidol

    Spursidol Well-Known Member

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    The LDDC had good advisors so they'd never give the stadium away for a song.....oh wait ?
     
  4. UncleBuck

    UncleBuck Well-Known Member

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    At least now we can see why both parties didn't want details released to the public...who are actually paying for it...
    Hopefully the likes of the Mail will dedicate as much time to this as the Cameron story last week.
    I trust a petition for it to be debated in parliament isn't too far off the 100k...
     
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  5. philip

    philip Well-Known Member

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    I understand a fair amount of the deal. If West ham are only tenants, they can't be expected to pay for all the extras. If West ham only rent it for 25 days a year, 2.5m makes some sort of sense (not really, but let's go with this).

    What doesn't make sense at all then is the amount of West ham branding and earning potential (naming rights) from the stadium. Surely the stadium shouldn't have West ham coloured seats, west ham logo seats, west ham exterior wraps, permanent west ham sign above the stadium, and get half of any naming rights over £4m.

    They should be allowed to brand the stadium temporarily on those 25 days (they can be kept up if the stadium isn't used between games too) and get 7% of naming rights etc (25 days out of 365).

    It also doesn't make sense that they should get any rebate on their fees if another club use it.outside those 25 days, the stadium simply isn't theirs!
     
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  6. Dillspur

    Dillspur Well-Known Member

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    The approx cost for policing football matches is $1m per year that they don't have to pay, if you add all the extra's that are being paid by the lddc I bet it comes to more than the $2.5m. The spammers are essentially getting the place rent free
     
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  7. philip

    philip Well-Known Member

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    I wrote that even if the £2.5m rent makes sense (which it doesn't).
     
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  8. Bruts

    Bruts Well-Known Member

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    Is the rent £2.5 million set for 100 years or will it increase after say 5 years by a set percentage? If fixed I wonder if my landlord will fix mine for 100 years.... I doubt it
     
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  9. Dillspur

    Dillspur Well-Known Member

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    One of the dildo boys was on talk sport last night trying to defend it, said that the rent goes up every year, I just can't remember what he said the rate was
     
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  10. Lilbaz

    Lilbaz Just call me Baz

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    Inflation linked i think. Which is bollocks. Local rents will go up far quicker.
     
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  11. whitesocks

    whitesocks Well-Known Member

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    I read that as access for professional sports teams in connection with events in the stadium do not need the Concessionaire's permission.
     
  12. Lighty64

    Lighty64 Glory Glory

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    I usually read all previous post but at the moment the anger on this deal, I just got to post.

    every tax payer in London or whoever has to pay towards this shouldn't pay their council tax it's a joke. within 2-3 games Wet Spam will of covered the £2m rent. after that all they will have to cover is players wages. Wet Spam should have to cover all cost towards that stadium, not the tax payer
     
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  13. Lighty64

    Lighty64 Glory Glory

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    and the amount of profit they will make until that time will pay for the new stadium

    lets not forget that they are selling the Boleyn and it's not as if the council will be getting a %. no wonder why they are selling season tickets so cheap
     
  14. Lilbaz

    Lilbaz Just call me Baz

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    Everyone email their european mp and complain of state aid.
     
  15. worcestersauce

    worcestersauce "I'm no optimist I'm just a prisoner of hope

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    But you may only have two months to do it.
     
  16. shelfmonkey

    shelfmonkey It's all codswallop

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    I wonder, if Brady wasn't a 'Lady' would Wet Spam have got such a ridiculously stinking good deal?!!!!

    The whole deal reeks!!!
     
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  17. shelfmonkey

    shelfmonkey It's all codswallop

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    Yeah!! Get Nigel on the case.
     
  18. Flashspur

    Flashspur Well-Known Member

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    In any other country the Wet Spam debacle would raise calls for a royal commission
     
  19. Lilbaz

    Lilbaz Just call me Baz

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    Like spain.
     
  20. spursfan77

    spursfan77 Well-Known Member

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    Where the government over paid by millions for real Madrid's training ground to give the money?!?!
     

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