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West Ham to get Olympic Stadium


James
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yeah meant capacity! and yeah and can imagine the attendances will be pretty crap when the novelty wears off. running track stays eh!! binoculars needed then  :yao:

Nah, retractable seats are being installed.
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yeah meant capacity! and yeah and can imagine the attendances will be pretty crap when the novelty wears off. running track stays eh!! binoculars needed then  :yao:

Nah, retractable seats are being installed.

 

So if your not on the bottom level of seats (the retractable ones) your still going to be pretty far away from the pitch i'm guessing.

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yeah meant capacity! and yeah and can imagine the attendances will be pretty crap when the novelty wears off. running track stays eh!! binoculars needed then  :yao:

Nah, retractable seats are being installed.

 

So if your not on the bottom level of seats (the retractable ones) your still going to be pretty far away from the pitch i'm guessing.

 

Would it be that much further than what Level 7 at SJP is to the pitch? :undecided:

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Guest Slippery Sam

Mayor Boris at the press conf this morning:  "......the club that gave us Bobby Moore, Trevor Brooking, Geoff Hurst.....and Alf Garnett.." :lol:

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Guest Roger Kint

Anyone know what the attendance is supposed to be when west ham get this? & does the running track stay?

 

Sure i just heard 50/55k on the radio

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Guest Roger Kint

54k.

 

Can't fill 35k without cheap tickets according to Cottee.

 

That was Orients big problem wasnt it? That they already dish out loads of cheap tickets and now it will hugely impact on their attendances if they do even more to fill it. Can see their point, new fans would rather pay £500 to watch PL than £500 to watch League 1 games, could finish off Orient in the long term.

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Guest Roger Kint

Confirmed 99-year lease from 2016/17 season, with West Ham paying £2 million a year in rent.

 

Only £2m? Christ they will make a fortune out of that. Do they get the money from the sale of Upton Park too or does that go towards the cost of improving the new stadium?

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Hammers secure Olympic Stadium

 

West Ham have confirmed that they have secured a 99-year deal to move to the Olympic Stadium in Stratford, meaning they will be playing home matches there from the 2016-17 season.

 

West Ham United have secured a 99-year deal to move to the Olympic Stadium in Stratford, it has been confirmed.

 

Speaking at a press conference in the Olympic Park, the London Mayor Boris Johnson said it meant the venue would now "be the home of a great London football club".

 

The Hammers will move into the East London stadium, the centrepiece of the 2012 Games, from 2016 after conversion work costing up to £190 million has been carried out to make it suitable, and will pay £2 million a year in rent.

The move was finalised after West Ham said they would increase their contribution to the funding of the project by £5 million, bringing it up to £15 million.

 

The Treasury will put in around £60 million and West Ham will be "key tenants", meaning they are the most regular users of a facility that will also host events including athletics and live music.

 

Major work to the stadium will see retractable seating installed, meaning it can be switched back to being suitable for athletics, and the roof extended. It will have a football capacity of 60,000.

 

Johnson said: "This was the deal they said could never be done. I am very pleased to announce that this fantastic stadium will not only host community sport, rock concerts and athletics - it will also be the home of a great London football club.

 

"After a massive negotiation that went well into extra time, I want to pay tribute to both teams for a deal that is great for West Ham United, for London and for football."

 

In a joint statement, Hammers co-owners David Sullivan and David Gold said: "It's fantastic for everyone at West Ham United that, at last, all the club's hard work over the past three years has paid off.

 

"Since we came to West Ham in 2010, we have had a vision to really take the club forward so we can compete on the pitch at the highest level.

 

"Today's decision offers us a real platform to do this, and we are fully committed to making it a real success.

 

"We understand the responsibilities that come with calling the nation's iconic Olympic Stadium our new home. It is an honour we will take on with pride.''

 

Vice-chairman Karren Brady said the club was looking forward to working with fans to "create a stunning new home that befits the pride, passion and tradition that the world associates with West Ham United".

 

The London Legacy Development Corporation (LLDC) named West Ham as preferred bidders three months ago, but issues surrounding the funding of work to the stadium meant their move there was not a certainty.

 

As part of the agreement, Sullivan and Gold will pay a one-off windfall back to the LLDC if they sell the club - which will increase in value with the Olympic Stadium move - within the next ten years.

 

Earlier this month, Leyton Orient chairman Barry Hearn demanded a judicial review of the Olympic Stadium bid process, saying it denied his club the chance to make an effective case.

 

Hearn wants League One side Orient to share the venue, and the Brisbane Road chief has begun legal measures to have the decision to allow the Hammers to move in thrown out.

 

He said he believed the LLDC bidding process did not provide "for teaming, which is for all parties to share the stadium".

 

The stadium switch will see West Ham leave Upton Park, where they have played since 1904 and which is around three miles from the Olympic site in Stratford.

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Hammers secure Olympic Stadium

 

West Ham have confirmed that they have secured a 99-year deal to move to the Olympic Stadium in Stratford, meaning they will be playing home matches there from the 2016-17 season.

 

West Ham United have secured a 99-year deal to move to the Olympic Stadium in Stratford, it has been confirmed.

 

Speaking at a press conference in the Olympic Park, the London Mayor Boris Johnson said it meant the venue would now "be the home of a great London football club".

 

The Hammers will move into the East London stadium, the centrepiece of the 2012 Games, from 2016 after conversion work costing up to £190 million has been carried out to make it suitable, and will pay £2 million a year in rent.

The move was finalised after West Ham said they would increase their contribution to the funding of the project by £5 million, bringing it up to £15 million.

 

The Treasury will put in around £60 million and West Ham will be "key tenants", meaning they are the most regular users of a facility that will also host events including athletics and live music.

 

Major work to the stadium will see retractable seating installed, meaning it can be switched back to being suitable for athletics, and the roof extended. It will have a football capacity of 60,000.

 

Johnson said: "This was the deal they said could never be done. I am very pleased to announce that this fantastic stadium will not only host community sport, rock concerts and athletics - it will also be the home of a great London football club.

 

"After a massive negotiation that went well into extra time, I want to pay tribute to both teams for a deal that is great for West Ham United, for London and for football."

 

In a joint statement, Hammers co-owners David Sullivan and David Gold said: "It's fantastic for everyone at West Ham United that, at last, all the club's hard work over the past three years has paid off.

 

"Since we came to West Ham in 2010, we have had a vision to really take the club forward so we can compete on the pitch at the highest level.

 

"Today's decision offers us a real platform to do this, and we are fully committed to making it a real success.

 

"We understand the responsibilities that come with calling the nation's iconic Olympic Stadium our new home. It is an honour we will take on with pride.''

 

Vice-chairman Karren Brady said the club was looking forward to working with fans to "create a stunning new home that befits the pride, passion and tradition that the world associates with West Ham United".

 

The London Legacy Development Corporation (LLDC) named West Ham as preferred bidders three months ago, but issues surrounding the funding of work to the stadium meant their move there was not a certainty.

 

As part of the agreement, Sullivan and Gold will pay a one-off windfall back to the LLDC if they sell the club - which will increase in value with the Olympic Stadium move - within the next ten years.

 

Earlier this month, Leyton Orient chairman Barry Hearn demanded a judicial review of the Olympic Stadium bid process, saying it denied his club the chance to make an effective case.

 

Hearn wants League One side Orient to share the venue, and the Brisbane Road chief has begun legal measures to have the decision to allow the Hammers to move in thrown out.

 

He said he believed the LLDC bidding process did not provide "for teaming, which is for all parties to share the stadium".

 

The stadium switch will see West Ham leave Upton Park, where they have played since 1904 and which is around three miles from the Olympic site in Stratford.

2million a year rent seems like fuck all if they own their ground already and can sell that. seems like a new ground for fuck all.
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Fwiw Man City's CoMS deal by comparison.

 

Manchester model shows how West Ham can be settled tenants

11 October 2011

 

West Ham need only look at Manchester City to see how a successful tenancy agreement can work.

 

The club inherited the £112million City of Manchester Stadium in 2003 after the Commonwealth Games the previous summer and Manchester City Council, who still own the stadium, spent £22m of council taxpayers' money to convert the venue so it was suitable for football.

 

They removed the running track and temporary stand, lowered the ground level to make way for an additional tier and added 12,000 seats to the stadium.

 

City handed their former Maine Road home to the council and spent a further £20m installing bars, restaurants and corporate areas.

 

The terms of the rent were for City to pay the council a proportion of ticket income above the 35,000 capacity of Maine Road. This has generated approximately £16m for the council since 2003. Under the tenancy agreement, the council retained control of the stadium's naming rights, as it remains a public asset.

 

Since Sheikh Mansour's takeover of the club in 2008, City explored their options regarding the stadium and renegotiated the deal last year.

 

The council released their control of naming rights and City then sealed a £350m, 10-year deal with Etihad Airways that also included shirt sponsorship and the proposed 80-acre training campus next to the stadium.

 

As a result of this deal, the council's annual income from the stadium has doubled to £4m. They use this money for other sports facilities on the site, according to the original agreement with Sport England, which provided £90m in Lottery funds to originally build the stadium for the 2002 Commonwealth Games.

 

 

Manchester City give council an extra £1m

2 Oct 2010 09:21

 

The Blues signed a 250-year agreement to rent the former Commonwealth Games stadium when they moved there from Maine Road in 2003. Under the new lease deal, the council will receive a flat rate regardless of attendances. The M.E.N understands the fee will start at around £3m and rise with inflation.

 

Manchester City are to pay the council an extra £1m a year after agreeing a new lease deal on their Eastlands stadium.

 

The Blues signed a 250-year agreement to rent the former Commonwealth Games stadium when they moved there from Maine Road in 2003.

 

As part of the lease terms, a percentage of the club’s match day income was poured into town hall coffers.

 

The amount has depended on the size of City’s crowds. For the past three seasons the figure has been around £2m.

 

Under the new deal, the council will receive a flat rate regardless of attendances.

 

The M.E.N understands the fee will start at around £3m and rise with inflation.

 

Further payments will be made if City are successful in European competition - which looks likely given the fortune pumped into the Blues by mega-rich owner Sheikh Mansour.

 

Council officials remained tight-lipped over whether plans to increase the current 48,000 stadium capacity have been discussed.

 

A Blues source said City had no plans to buy the stadium outright but had purchased some land around it and were ‘considering potential development as part of a contribution to the regeneration of east Manchester’.

 

The news comes a day after City announced club record losses of £121m in their annual report – the second largest in Premier League history.

 

Despite the staggering sum, City said they were on track to hit their targets and put the loss down to a transfer spree that they say will not be repeated.

 

The council pocketed £12.5m under the terms of the old lease. A spokesman said when it was signed it was agreed to review it after five years.

 

He added: "Under the terms of the revised agreement a single fixed sum, which will go up in line with inflation, will replace the previous payment, which was based on a complicated formula taking into account attendance money and income from parking and non-match day events.

 

"This will result in an increase in the revenue generated, which is dedicated to supporting sports facilities and employment opportunities at Eastlands and elsewhere in the city.

 

"It is also a much more straightforward arrangement for all parties."

 

No idea where the money from redevelopment of Maine Road goes to though.

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I feel sorry for West Ham fans, tbh. Powerless to stop their club (needlessly) leaving their traditional home for some makeshift soulless ground away from their community. It really is very sad to see, imo- from a general footballing perspective.

 

As said by many, they cant even consistently fill The Boleyn Ground and with many supporters preparing to revolt against the move, what bloody hope do they have of filling a 54,000 seater? This is what happens when non-footballing people make football decisions.

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World class players for a world class football club - just came out of Brady's mouth  :lol:

 

Also apparently invented family tickets, bold claim  :lol:

i wouldn't call Paul Peschisolido a world class player.
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World class players for a world class football club - just came out of Brady's mouth  :lol:

 

Also apparently invented family tickets, bold claim  :lol:

i wouldn't call Paul Peschisolido a world class player.

 

Nope, considering she sold her own husband to another club  :lol:

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