I disagree. I was not privy to the whole tender process so no idea if West Ham was really the best deal for the stadium and area as a whole so will leave that there. However, if West Ham really wanted the stadium they would have been willing to pay a far bigger proportion of the cost to transfer it to a workable football stadium (if a loan was needed from the Government/Local Authority then fair enough but at least something would have been given back). The analogy with the Landlord is fine but a Landlord would more than cover the cost of the bathroom over time through rent payments, West Ham are only paying £2 million a year which will be a hell of a long time (if ever) before it covers the costs of works to the stadium. Yes West Ham are getting a criminal good deal and that is not their fault but somewhere along the line something has gone very wrong.
What would you build on Upton Park anyway? the whole are is a complete shit hole.
I disagree. I was not privy to the whole tender process so no idea if West Ham was really the best deal for the stadium and area as a whole so will leave that there. However, if West Ham really wanted the stadium they would have been willing to pay a far bigger proportion of the cost to transfer it to a workable football stadium (if a loan was needed from the Government/Local Authority then fair enough but at least something would have been given back). The analogy with the Landlord is fine but a Landlord would more than cover the cost of the bathroom over time through rent payments, West Ham are only paying £2 million a year which will be a hell of a long time (if ever) before it covers the costs of works to the stadium. Yes West Ham are getting a criminal good deal and that is not their fault but somewhere along the line something has gone very wrong.
The owners may benefit short term but long term the club will be financialy unstable.Upton Park is what 3 acres whats that worth ,i don`t know but they do appear to have a 91 million pound debt and are losing around 18 million a season.
However, if West Ham really wanted the stadium they would have been willing to pay a far bigger proportion of the cost to transfer it to a workable football stadium (if a loan was needed from the Government/Local Authority then fair enough but at least something would have been given back). The analogy with the Landlord is fine but a Landlord would more than cover the cost of the bathroom over time through rent payments, West Ham are only paying £2 million a year which will be a hell of a long time (if ever) before it covers the costs of works to the stadium.
you mean to many ethnicsWhat would you build on Upton Park anyway? the whole are is a complete shit hole.
That was the original deal rookie - West Ham agreed to buy the stadium with a loan from Newham Council - Daniel Levy blocked it claiming state aid as he is shitting himself that there will be another club in London that will be able to compete.
The analogy doesn't hold up if (and while I assume this to be the case, I don't know) without that work, the stadium was un-letable. Just to strain credibility a bit further, it's like owning a commercial premises and then converting it to residential - the owner has to cover the costs of conversion, but if that's the only way that they're going to realise any revenue out of it then that's what they'll do.
Hammers stadium move will hurt area | Sporting Life - Football News | Live Scores, Football Transfer News & Gossip
interesting views......and true.
Just listening Karen Brady, she is talking utter shit, they will never fill that stadium, and they will give 100,000 tickets away to local kids
I am starting to feel sorry for Orient, even Barry Hearn who I cant stand
Sure the Sportsman is not doing so well now we have moved - not really a reason to stay though is it
I think she means over a season, not each week. Watch the Sky interview if you think i'm making it up.
Withdean was only ever meant to be temporary,how long hasUpton Park been home to the Hammers