The Olympic Stadium thread

[LeeMcl]

I work with contracts as my day job, usually General Works and NEC3 ( don't expect anyone to know what this means ! ) I have zoomed through about 90 pages so far. My overall feeling is that someone gave West Ham a pen and said "write your own contract we don't care".

The overall problem here is that the sums involved are simply not equatable to current real life. Last week we agreed a contract for the provision of Security services at 1 building in central London and the value exceeds 2.5 million a year ! That's just for one facility. I can't but help feel someone in the contracts section of the Legacy commission had their pants pulled down, back and over their heads and had a line manager agree it through equal incompetence. Anyone with a commercial brain would not agree to these sums £100000 per match when it will obviously cost signifanctly more than that is a real scandal, no one in public office should be signing off on that EVER.

The Legacy commission clearly did not know the value of what they had, probably a group of people used to doing contracts with small firms and not multi million pound busines.

So far the only good things I see is that RPI is applicable each year to each payment levy.

Catering revenue below 500K on Match days is 100% retained by the state, 70% above that is retained too.

And essentially it really is a 25 day a year deal, that's 340 days a year when West Ham get nothing. That would not be the case if they owned the stadium obviously !

A known football calendar year appears to be the 19 league games only as it is applicable to known events as of July. So the more games they play the more it costs, although it's only £100k per additional game.

If I can be bothered. I'll read more about this later !

And at least I know if I want a knees up for my 40th Birthday it will cost me £100k to hire the Olympic Stadium !

 

[SouthStand Billy]

Didn't they already play a game there? I thought the verdict was that the view was fine.

**edit - it was the rugby world cup. The stadium got the thumbs up.**

Yes it was Rugby but they are not week in week out fans.. They only go once or twice a year so can't pass judgement on a football stadium, especially one where people attended the old ground regularly.

 

[Nick "Trevor" Sharp]

Extra payments West Ham could have to make annually:

• £1m if they win the Champions League

 

[Joe Clash]

Yes it was Rugby but they are not week in week out fans.. They only go once or twice a year so can't pass judgement on a football stadium, especially when where people attended the old ground regularly.

Many rugby fans go every week, they're just not watching in stadia that have the facilities of a decent football ground. Many would have been impressed with the OS because of this.

 

[pleb]

I work with contracts as my day job, usually General Works and NEC3 ( don't expect anyone to know what this means ! ) I have zoomed through about 90 pages so far. My overall feeling is that someone gave West Ham a pen and said "write your own contract we don't care".

The overall problem here is that the sums involved are simply not equatable to current real life. Last week we agreed a contract for the provision of Security services at 1 building in central London and the value exceeds 2.5 million a year ! That's just for one facility. I can't but help feel someone in the contracts section of the Legacy commission had their pants pulled down, back and over their heads and had a line manager agree it through equal incompetence. Anyone with a commercial brain would not agree to these sums £100000 per match when it will obviously cost signifanctly more than that is a real scandal, no one in public office should be signing off on that EVER.

The Legacy commission clearly did not know the value of what they had, probably a group of people used to doing contracts with small firms and not multi million pound busines.

So far the only good things I see is that RPI is applicable each year to each payment levy.

Catering revenue below 500K on Match days is 100% retained by the state, 70% above that is retained too.

And essentially it really is a 25 day a year deal, that's 340 days a year when West Ham get nothing. That would not be the case if they owned the stadium obviously !

A known football calendar year appears to be the 19 league games only as it is applicable to known events as of July. So the more games they play the more it costs, although it's only £100k per additional game.

If I can be bothered. I'll read more about this later !

And at least I know if I want a knees up for my 40th Birthday it will cost me £100k to hire the Olympic Stadium !

Perhaps some largess's were being handed around!

 

[krispur61]

Let's put this on to context, I'm a taxpayer yet someone I never voted for has made a decision on my behalf, to provide West Ham a mega rich company earning millions of pounds a £700m pound stadium (that I have contacted tributed too to the cost of building that stadium) plus the modifications thrown in, for 0 costs per annum.
I would have voted for the £260m invested in the mods for this staduim to have been spent on the Dr and nurses that are currently going on strike for an increase in pay.
This is a fucking joke no questions asked, government financed aid for the pickies.... makes me sick.

 

[RocketRonny]

I'm not a specialist to UK law (after the a course on year 1 of law school I had enough) but I think the legality of state subsidy to clubs is in violation of FIFA protocols, and FIFA tribunals work slowly. There are also some common law administrative law causes so I guess an appeal for a writ of prohibition is in need here

 

[paddy spur]

Surely that deal has to be made available for Spurs In our transit year. I rather pay 2.5m and have all my matchday expenses paid for. The give the FA 12m for Wembley.

Then roll it on for the chavs

 

[LeeMcl]

Surely that deal has to be made available for Spurs In our transit year. I rather pay 2.5m and have all my matchday expenses paid for. The give the FA 12m for Wembley.

Then roll it on for the chavs

Absolutely spot on. £100K a game v Wembley @ £480k. No brainer. I guess after this we will be playing @ Olympic Stadium for a year. I see absolutely zero right to Veto like Sugar's PA Brady claims. She is an absolute disgrace. She is a fucking member of the House of Lords due to this ! Cunts. Johnson and the LLDC are a national scandal and I have this sickening feeling they will get away with it. Just like Gordon Brown got away with selling the nations gold reserves cheap or spunking the 3G auction cash, while absolutely raping our pensions ! Politicians, generation on generation let us down.

If the deal is hard to do and not good value be brave enough to walk away and start again. That's good negotiation. You don't go "oh shit, ok, write your own contract" like the LLDC have. Imagine a car dealer having a decent car and bricking it when a wealthy punter comes in and rather than stick to the list price of the car reduces it to a ridiculous amount just to ensure he gets a sale. It does NOT happen !

Oh and it's £3 million a year Spammers, as the prices exclude VAT. Little victories !

 

[BigYid1882]

The thing I love most is the idiotic West Ham fans can't see the forest for the trees. While I will admit there is a dislike of West Ham that fuels my opinion of this matter, the West Ham fans can't seem to not look at it from a football fans point of veiw. If they looked at it from a taxpayers veiw they would realised they are getting fucked over as well. But the fact they can't even see that they've been asset stripped by the dildo brothers sums them up

 

[LeeMcl]

Gold Sullivan & Baroness Brady. The rich get richer..... The rest of us get absolutely rinsed.

Pimps, liars and thieves rewarded off the back of honest working people.

 

[Freundwerfer]

I've probably exaggerated the distance, the closest pubs are Stratford High Street, 1.5 miles probably??, if they are still there and haven't closed.
My biggest fear, I live a stones throw away, is that they discover my local and start using that. It will be a good 30-40 min walk so keeping my fingers crossed.

There are some decent ones in Hackney Wick, but too trendy and don't serve carling so no pikeys will ever go there

 

[LeeMcl]

Carried on reading the bullshit contract after 3 pints of peroni. It has not helped with my anger. It's still utter crap, even slightly pissed. It's still an awful deal negotiated I assume by a retarded goose.

However, two gems did stand out. Firstly, see Schedule 2 Excluded Categories; Advertisment (b).....

(no advertising permitted) for any organisation whose principle business includes the sale of tobacco related products or Pornographic material;

Hmmm. What is it Gold and Sullivan also own ? Ironic right ?

And see page 207. Under where Baroness Brady has signed off as signatory for WH United holdings. It shows who signed the document on behalf of the LLDC and their job title. Now it's the job title bit that's funny in that it reads ( or looks like it reads ) Trainee Solicitor.... Now the likelihood is that even a Trainee solicitor would not sign off this hogs bollocks, but I can forgive an Aprentice, just about.......

I wonder if David Cameron or Boris Johnson would be comfortable if someone pointed out that one of the principle declared owners of Spammers is an investment body based in the Cayman Island...tax avoidance on the agenda lately ?

I am curious what the moral crusader Russel Brand thinks of that one ? He can do one too.

Being pragmatic for a moment.

Assuming they sell out their 54000 each game @ an average price of £35 then gate receipts would be £1.89 million per match. That £35 a game might be a bit high.

And then assume we sell out our 61000 each game @ an average price of £45, £10 being a fair assumption more expensive, then our gate receipts would be £2.745 million.

So based on back of fag packet maths there is a huge gap between what we will generate v what they will generate. Although in our case we actually have to pay for our own overheads !

 

[Colonel_K]

Those poor fuckers in blocks 221-223, 249 -251

 

[LeeMcl]

What's the tiny thing in the middle...is it a football pitch ? I can't really see if it is or not

 

[Yid7]

Those poor fuckers in blocks 221-223, 249 -251

[/QUOTE

I'm no expert on scale or planning drawings - but,
I'm pretty sure that pitch area is'nt that close to the seats in the real stadium.

 

[DeeGee]

Levy would have accepted the same deal.
So i guess we cant whinge too much.
On second thought, levy would have probably got the taxpayer to cover even more of the costs.

I don't understand. Levy wouldn't have accepted the same deal. that's why we lost the bid.
Wasn't our plans to knock the OS down, build a for purpose football stadium and build Athletics an independent home -which they had been harping on about for years and even refused the suggestion sharing wembley.
Levy also said that it would all be funded privately and the taxpayer would pay nothing.
We just wanted the location, which would have been much easier, and the infrastructure.
Yet, in their wisdom they chose Spam. All because they promised to keep a running track for 'legacy' which Coe had promised Diack, but had thought nothing about, selling his soul for the Olympics and to succeed Diack.
Blame Seb Coe's egotistical self interest. He sold out the taxpayer for a job. Is it any surprise to hear that the man he sold the taxpayers soul to was a bribe taking crook. He had taken bribes from a sport marketing company before, been caught and 'warned' about his future conduct.
Yet this is the man who Seb Coe claimed was a mentor and a friend he obsequiously pandered to.
So, we are now in the position where nearlyanother £300m of taxpayer money has been spent - for the legacy of athletics - er so Spam can play there.

The Athletic legacy. How many times will it actually be used for athletic events? Oh, they have the right to use the stadium once a month for 50 years. Looks like Spam's legacy is much bigger and better than UK Athletics, and we have footed the bill for it.
Wouldn't it have been wiser to build an athletic stadium they could use whenever they wanted. One with a capacity that is sensible for an irregular and poorly attended schedule that is UK athletics?.
The original plan for the OS - which they did not use - was to reduce the capacity to 25k after the Olympics for athletic use.
So at the time of the biding process why was a new 25k SOA Athletic stadium seen as an insult to Athletic legacy. Why did they think it was scandal that £500m of taxpayer money would be wasted if it was knocked down when nobody thought the the lack of afterthought before spending the £500 on the thing wasn't?
Why did the UK taxpayer think that spending another £300m of taxpayer money renovating it for Spam was any better?
They would have spent £500m and seen Spurs make profit.
Now they have spent nearly £800m to see Newham and Spam making profit.


The IAFF is every 2 years, and we won't be getting that every 2 years. The Olympics are every 4 years and it will be donkeys before we get another. Ruby WC no doubt at least another16 years ? All have to be squeezed in before around the football season still.
So, the Grand Prix Athletic meeting for 2 days every year basically. Which used to be held at National Sports Centre Crystal Palace - where we intended to build a state of the art athletic stadium.
It, the NSC CP, holds 15k (24k with temporary seating). So, unless there have always been another 30,000 people busting to attend this event, but couldn't, how is this going to sell out?
The you have UK Athletic chief Niels De Vos coming out with statements like;
“We want the Olympic Stadium to be the beating heart of athletics. It’s not the only place for the sport, of course, but all roads lead there and it has to be a very physical illustration of the sport at all levels.
We need that to be our Wembley, to be our Wimbledon. If you’re an up-and-coming athlete now, you need to think, I want to be running on the Olympic track in the Olympic Stadium. That’s a responsibility that’s going to weigh pretty heavy on us. We’ve won the right to host for every month every year for 50 years. We need to make that a month the nation stops for athletics.
For us, this is not West Ham’s stadium, this is athletics’ stadium and for that month each year it is just that. We’re not the summer tenant We want to make it an amazing place for people to do the sport and watch it.''
Yeah ok.
It's not an athletic stadium. It's just has a track that will very rarely be used, and a place that will very rarely be filled for athletics.
It's Spams from August to May for 99 yrs, and UK Athletics' for 2 days a month for 50.
So, it's Spams home and they will take in profit were as UK Athletics will have to share those with E20, who are 35% owned by Newham, who are in bed with Spam.

So, with the IAAF WC championships to be held at the OS between the 4-13 August 2017, does that mean Spams first game will be away from home? They will have to have time to get all their branding bonds and moore shirts hung back up.
That will be fun for ATOS to sort out. They will have to make sure Southend play at home then, as they request they don't play at home same day as Spam as it impacts o their attendance.

 

[LeeMcl]

DeeGees post above is spot on. The whole thing smells bad, from Coe onwards all the way through to Baroness Brady and her pimp boss. This is so bent, at every level, that they will get away with it purely on the level that no one really knows where to start.

24 hours on and I see no one suggesting a legal challenge. Surely the LLDC can't completely escape ?

 

[Boltonspur]

I don't understand. Levy wouldn't have accepted the same deal. that's why we lost the bid.
Wasn't our plans to knock the OS down, build a for purpose football stadium and build Athletics an independent home -which they had been harping on about for years and even refused the suggestion sharing wembley.
Levy also said that it would all be funded privately and the taxpayer would pay nothing.
We just wanted the location, which would have been much easier, and the infrastructure.
Yet, in their wisdom they chose Spam. All because they promised to keep a running track for 'legacy' which Coe had promised Diack, but thought nothing about, selling his soul for the Olympics and to succeed Diack.
Blame Seb Coe's egotistical self interest. He sold out the taxpayer for a job. Is any surprise to hear that the man he sold the taxpayers soul to was a bribe taking crook. He had taken bribes from a sport marketing company before, caught and 'warned' about his future conduct.
Yet this is the man Seb Coe claimed was a mentor and friend obsequiously pandered to.
So, we are know in the position where nearly £300m of taxpayer money has been spent - for the legacy of athletics er so Spam can play there.

The Athletic legacy. How many times will it actually be used for athletic events? Oh, they have the right to use the stadium once a month for 50 years. Looks like Spam's legacy is much bigger and better then UK Athletics, and we have footed the bill for it.
Wouldn't it have been wiser to build an athletic stadium they could use whenever they wanted. One with a capacity that is sensible for an irregular and poorly attended schedule that is UK athletics?.
The original plan - which they did not use - for the OS was to reduce the capacity to 25k after the Olympics for athletic use.
So at the time of the biding process why was a new 25k SOA Athletic stadium seen as an insult to Athletic legacy. Why did they think it was scandal that £500m of taxpayer money would be wasted if it was knocked down when nobody thought the lack of afterthought before spending the £500 wasn't.
Why did the UK taxpayer think that spending another £300m of taxpayer money renovating it for Spam was any better?
They would have spent £500m and seen Spurs make profit.
Now they have spent nearly £800m to see Newham and Spam making profit.


The IAFF is every 2 years, and we won't be getting that every 2 years. The Olympics are every 4 years and it will be donkeys before we get another. Ruby WC? All have to be squeezed in before around the football season still.
So, the Grand Prix Athletic meeting for 2 days every year basically. Which used to be held at National Sports Centre Crystal Palace - where we intended to build a state of the art athletic stadium.
It held 15k (24k with temporary seating). So, unless there has always been another 30,000 people busting to attend this event, but couldn't, how is this going to sell out?
The you have UK Athletic chief Niels De Vos coming out with statements like;
“We want the Olympic Stadium to be the beating heart of athletics. It’s not the only place for the sport, of course, but all roads lead there and it has to be a very physical illustration of the sport at all levels.
We need that to be our Wembley, to be our Wimbledon. If you’re an up-and-coming athlete now, you need to think, I want to be running on the Olympic track in the Olympic Stadium. That’s a responsibility that’s going to weigh pretty heavy on us. We’ve won the right to host for every month every year for 50 years. We need to make that a month the nation stops for athletics.”
Yeah ok.

So, with the IAAF WC championships to be held at the OS between the 4-13 August 2017, does that mean Spams first game will be away from home? They will have to have time to get all their branding bonds and moore shirts hung back up.
That will be fun for ATOS to sort out. They will have to make sure Southend play at home then, as they request they don't play at home same day as Spam as it impacts o their attendance.

Very well argued.
It smells deeply fishy.

 

[STF]

I don't understand. Levy wouldn't have accepted the same deal. that's why we lost the bid.
Wasn't our plans to knock the OS down, build a for purpose football stadium and build Athletics an independent home -which they had been harping on about for years and even refused the suggestion sharing wembley.
.

Good post DeeGee
And add in the 40M Newham council loan to the money wasted.