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Olympic Stadium; our day in court

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Comments

  • 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: 21,261
    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: 6,855
    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: 3,919
    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: 21,351
    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: 21,261
    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: 7,219
    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: 28,331
    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: 9,048
    edited January 8
    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: 2,921
    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.
  • Karim_myBagheri
    Karim_myBagheri Posts: 12,715
    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.