Text  Larger | Smaller | Default


No stadium sale, insist Mayor's Office

Filed: Friday, 5th October 2018
By: Staff Writer

A spokesman for the Mayor's Office says that any hopes West Ham fans harbour of the stadium being sold to the club are fanciful, at best.

Ever since West Ham sold the Boleyn Ground and moved to rented accommodation in Stratford two years ago, United fans have discussed the possibility of the club eventually owning the ground and making it feel like 'home'.

However that is little more than a pipe dream according to a spokesman for the Mayor's Office, who laughed off suggestions that the club could eventually own the stadium and take control of its various revenue streams.

Embed from Getty Images

"I can confirm that the Mayor's position remains the same; the London Stadium is a public asset and will stay in the ownership of the taxpayer," wrote the spokesman in reply to a query from a KUMB member.

"The Moore Stephens report, the independent review commissioned by the Mayor last year, said that the process could not be rushed, the contracts are complicated, and it would take time to work through the issues which is exactly what LLDC are doing - but progress is being made."

The spokesman also confirmed that the LLDC were continuing to examine other ways of reducing their deficits, which currently stand between 15-20million per annum, outside of their relationship with West Ham.

"LLDC have significantly reduced the cost of the seat moves and are looking to make further efficiencies here; they are working with the stadium operators to reduce the high operating costs," they continued.

"LLDC are also working to maximise the commercial opportunities by staging events beyond the Premier League and they are looking to address naming rights as well as the fees paid by both of their main concessionaires.

Embed from Getty Images

"The stadium is not just a football venue. The venue is already one of the best multi-use stadiums in the world and LLDC are working to maximise the commercial opportunities it creates to reduce the burden on the taxpayer in the long-term.

"Premier League football aside, the multi-use venue has already hosted some of the biggest athletics meets in the world, Premiership Rugby Union, the Rugby World Cup and a range of concerts by some of the world's most popular artists like the Rolling Stones, Jay Z, Beyonce and the Foo Fighters.

"Next year will see Major League Baseball played at the venue between the Boston Red Sox and the New York Yankees, a first for the UK."

Related News

Your Comments

Please note that this section is for comments relating to the above news item only. Any off-topic or abusive posts will be removed. Posts including either links and/or foul language are automatically filtered and will not be published. To engage in further discussion on any of our news stories, visit the KUMB Forums.

Not a member of the KUMB Forums? You may register for free membership here.

comments powered by Disqus
News Image

On This Day ...

One Year Ago
Pellegrini looking to youth
Manuel Pellegrini has revealed that he is hoping to bring more players thro...more
Three Years Ago
West Ham linked with Euro 16 star
West Ham are being linked with a move for Romania's Euro 16 star Gabriel Torje....more
Five Years Ago
Cheikhou Kouyate completes West Ham move
West Ham have completed the 9million signing of Anderlecht defender Cheikhou Kouyate....more