Any new owner has to take on the West ham 100 lease, it comes with the stadium.
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Any new owner has to take on the West ham 100 lease, it comes with the stadium.
That is true, but given the current circumstances Athletics could be re-housed and supported as per the current agreement.
The Government simply cannot continue to lose 30m per year for the sake of a football club, or bung out a massive chunk for someone to take it off their hands.
It realy is at breaking point.
I get that but I don't see any way out without paying West Ham 100m + to get out of the contract. Even if the company go broke the agreement is with the city of London.
I am not a lawyer or anything but that's what I get from what I have read.
Thats a pity.
It was only 12k but West ham (not the owners the company) donated to the Tory party around the time of the contract agreement.
www.vice.com
Either Brady fucked over their lawyers or something a little more dodgy.
West Ham’s £12,500 Donation To Conservative Party Raises “Serious Questions” Over Olympic Stadium Deal
The Taxpayers’ Alliance has criticised a donation from West Ham to the Conservatives, claiming that it calls their “dubious stadium deal” into question.
www.vice.com
Either Brady fucked over their lawyers or something a little more dodgy.
I think in a normal world, i'd agree, but I think they could use the current situation as a get out clause as tax payers, or more closer to home Londoners, need the money elsewhere, if they continue giving West ham hand out after hand out, there will be uproar from the businesses that are on the verge of insolvency.
I think their best option is to say, lets pull the plug and face the consequences after. Who would go against the government if they did that? It's more of a necessity than a decision now.
They owe it to the country as a whole and say up yours to a football club.
It was also very much to do with Sir Robin Wales who was mayor at the time and funnily, also a season ticket holder at West Ham for many years.It was only 12k but West ham (not the owners the company) donated to the Tory party around the time of the contract agreement.
West Ham’s £12,500 Donation To Conservative Party Raises “Serious Questions” Over Olympic Stadium Deal
The Taxpayers’ Alliance has criticised a donation from West Ham to the Conservatives, claiming that it calls their “dubious stadium deal” into question.
Either Brady fucked over their lawyers or something a little more dodgy.
My BF worked for Newham Council when Wales was mayor, and he hasn't got a good word to say about him - one dodgy geezer by all accounts.
How Karren Brady got a title out of all this beggars belief.
I have a fair idea....
The whole involvement of Wales was unbelievable, and at the time made my blood boil, but it all turned out for the best and I thank him for his involvement, otherwise they would never have the Athletic bowl.
I can see something very big happening to that club in the near future. That 29m loss and this years predicted figures are going result in some pretty high end decisions.
Newham Council have been a corrupt mess for years. If anyone wants to venture there you will see the absolute dump it has become. 1 in 24 people are homeless, it is quite a sight. I have met Rokhsana, the new mayor, who seems like a genuine person. If anyone is interested in a particular example of cronyism they should lookup Newham and LOBOs. It is a scandal which went under the radar, mainly because councils didn't to make a big fuss about it.
I went to a Newham council meeting once and it was exactly like Pars and Rec...
To anyone wanting to know how the whole Olympic scenario stank pre and post games to high heaven,they may find this book interesting
I think your BF definitely will
Mrs Perryman
Legacy: Gangsters, Corruption and the London Olympics: Amazon.co.uk: Gillard, Michael: 9781448217410: Books
I think your BF definitely will
Mrs Perryman
Legacy: Gangsters, Corruption and the London Olympics: Amazon.co.uk: Gillard, Michael: 9781448217410: Books
I thought Newham underwrote a loan, nothing to do with agreement on the other side which was the Mayor's office?
David conn has done a number of articles, (ignore the politics if desired) this has a lot of the detail.
Sadiq Khan to take control of London Stadium after critical review
The mayor of London is to take over control of the London Stadium, after a review said there had been ‘a catalogue of errors’ that led to massively increased conversion costs after the 2012 Olympics
www.theguardian.com
I thought Newham underwrote a loan, nothing to do with agreement on the other side which was the Mayor's office?
David conn has done a number of articles, (ignore the politics if desired) this has a lot of the detail.
Sadiq Khan to take control of London Stadium after critical review
The mayor of London is to take over control of the London Stadium, after a review said there had been ‘a catalogue of errors’ that led to massively increased conversion costs after the 2012 Olympics
The £40m loan from Newham council, was put to the vote. Robin Wales was not allowed to vote but had the overall decision as mayor of Newham, which makes a mockery of the system and many Councillors opposed the loan due to the many gifts Wales received from West Ham,
That money should have been used elsewhere in one of the poorest parts of London.
I might buy it for his birthdayTo anyone wanting to know how the whole Olympic scenario stank pre and post games to high heaven,they may find this book interesting
I think your BF definitely will
Legacy: Gangsters, Corruption and the London Olympics: Amazon.co.uk: Gillard, Michael: 9781448217410: Books
I now have another reason why I hate the pikey bastards so much.It was only 12k but West ham (not the owners the company) donated to the Tory party around the time of the contract agreement.
West Ham’s £12,500 Donation To Conservative Party Raises “Serious Questions” Over Olympic Stadium Deal
The Taxpayers’ Alliance has criticised a donation from West Ham to the Conservatives, claiming that it calls their “dubious stadium deal” into question.
Either Brady fucked over their lawyers or something a little more dodgy.
I hate bojo more, they took him for a ride. As far as I have seen the contracts water tight and we'll end up paying them to take the stadium... Only reason we haven't yet is whoever is mayor will be crucified, where we are now it's the best move.
Tut tut, breach of rule 17 - Punishable by points deduction or a large fine..
Either will do..
God I would laugh