Any Old Iron 2:12 Sun Jul 11
Taxpayers to pay £20m for West Ham United stewards
|
|
This is from tonights Telegraph. You have to wonder if anyone ever got the bullet after getting fucked up the arse by Brady. Can't stand the bitch but she played a blinder on this deal.
Taxpayers are to pick up a £35m bill for new seats and stewards at West Ham’s state-owned stadium in east London.
The Exchequer will shell out £14.5m for fresh seating as the club redevelops its West Stand to bring fans close to the pitch. Another £20.5m of public money will go on providing West Ham with stewards over the next four years, according to contracts disclosed by the Government.
Owned by millionaire duo David Gold and David Sullivan and run by Baroness Karren Brady, West Ham pays £2.5m a year to the taxpayer-backed London Legacy Development Corporation (LLDC) for its stadium, under an agreement dubbed the “deal of the century” when it was struck in 2016. LLDC shoulders the costs of the ground.
Initially built for the Olympics, the stadium racked up losses of £450m in the five years to March 2020, according to accounts filed at Companies House.
Converting it for use by West Ham cost taxpayers £323m, rather than the £190m originally estimated. A spokesman for West Ham United said the tender notice for the stand was at the “very early stage of a process examining costings and ideas for improvements”.
They added: “The club is always looking at ideas to enhance the overall matchday experience for our supporters... bringing them closer to the pitch.”
Lyn Garner, LLDC boss, added: “Due to the size of the stadium and its location within Queen Elizabeth Olympic Park, we need enough stewards to keep people safe in the venue and escort them across the public park before and after events.”
|
|
|
Replies - In Chronological Order ( Show Newest Messages First)
Mike Oxsaw
3:39 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Any accountants on here?
Can West Ham season ticket holders not claim a tax rebate on the VAT they pay for their ticket because of this - otherwise it amounts to double taxation.
|
Steady
3:53 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
As much as we hate GSB, they played a blinder with the fee for the stadium. It must surely only be a matter of time before the government sell it to them for a pittance. Someone has been paid a nice fee for this deal ….. allegedly
|
percyd
4:16 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Mike Oxsaw 3:39 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
"Any accountants on here?
Can West Ham season ticket holders not claim a tax rebate on the VAT they pay for their ticket because of this - otherwise it amounts to double taxation."
Logically only if they were the taxpayers that had fully funded the stadium imporvements etc. OR perhaps that proportion of their ST cost that reflected proportionality with the general tax-paying population. My guess about tuppence a year in tax relief?
|
dealcanvey
9:56 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
The government are set to lose billions out of the course of the lease deal. Still 95 years on the clock.
Best to cut their losses and hand it over for free.
|
El Scorchio
11:03 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Blame Spurs.
|
GreenStreetPlayer
11:09 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
No, buy it for a £1.
Then sell the lot to a development company who will bulldoze the whole site and turn it into offices or whatever.
Then as this is going on we have a new fit for purpose built stadium built elsewhere.
|
Mike Oxsaw
11:14 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
It's on/in the River Lea flood plain, is it not?
Probably the only reason it's not already Docklands II.
|
Exiled In Surrey
11:36 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Johnson did the deal with Conservative Lady Brady.
More tory chumocracy aka corruption.
|
Mike Oxsaw
1:06 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
How many more weeks of furlough/incubators for premature babies/homes for illegal immigrants/Diversity Advisors could the government fund with this money?
|
Any Old Iron
3:25 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
I see that the LLDC have an event lined up for the bowl in two weeks - The Hella Mega Tour: Green Day, Fall Out Boy & Weezer.
But that's it. No other events whatsoever for the forseeable future. I know Covid hasn't helped but that's pretty lame.
I just can't see how this uselss organisation can keep racking up such massive losses. But then why would WHU take it off their hands. It's basically costing the club nothing at the moment. So even if they were given the dump for free it would probably cost them somewhere between £10 & £20 mill a year. There's no incentive for the club to change the current arrangement.
|
Noah
3:30 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
66,000 seater stadium for a peppercorn rent and we still don’t have a pot to piss in.
|
gph
3:34 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Didn't the water companies give everyone in the country the pipes between their house and the water main?
A gift no-one sane would want.
Pass the right legislation, and West Ham can be given the stadium, whether it wants it or not.
|
AKA ERNIE
3:39 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Any old iron that concert was postponed to next yr
|
Kaiser Zoso
3:40 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
'even if they were given the dump for free it would probably cost them somewhere between £10 & £20 mill a year.'
Agree with that, West Ham are probably £20-30m better off now than they would have been at Upton Park through the pandemic?
|
Jaan Kenbrovin
5:04 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Any Old Iron 3:25 Sun Jul 11
This year’s Anniversary games had to be relocated as other events were cancelled, making the reconfiguration costs too expensive for just one event.
Next year could be problematic as well as we have a winter World Cup to squeeze in.
Whilst having no reconfiguration costs saves millions, It’s still only a matter of time before the LLDC run out of money. It’ll never become close to self sufficient.
That said, I can’t ever see Sadiq Khan willing to give the stadium away - his plan is to bid for another London Olympic Games in 2036/40.
|
TJD
5:56 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Sebastian fucking Coe, and those repeated assurances that the ground would not be a white elephant and a burden on the tax payer. They couldn't even give the ground away.
Well done whoever haggled for every single possible concession before we agreed to stop it becoming a utter wate of a stadium.
|
nerd
6:30 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
How much do they make on food and drink sales matchday ,plus the Rental money of all the vendors outside must be a fair amount.
|
Mike Oxsaw
7:20 Sun Jul 11
Re: Taxpayers to pay £20m for West Ham United stewards
|
Be far cheaper to build a dedicated railway station right next to the stadium than it will to keep forking out taxpayers money to pay for stewards. Will keep the filthy unwashed away from the shopping centre, too.
That being said, the government/civil service hates both railways and oiky football fans, so a double no-no on that front
|
Mex Martillo
4:49 Mon Jul 12
Re: Taxpayers to pay £20m for West Ham United stewards
|
Don’t LLDC make a lot of money selling crap larger and popcorn?
|
BillyJenningsBoots
5:13 Mon Jul 12
Re: Taxpayers to pay £20m for West Ham United stewards
|
Any Old Iron 3:25 Sun Jul 11 Said....
But then why would WHU take it off their hands. It's basically costing the club nothing at the moment. So even if they were given the dump for free it would probably cost them somewhere between £10 & £20 mill a year. There's no incentive for the club to change the current arrangement.
What Rubbish!!! Imagine if they gave us the Stadium how that would look a) on the Balance Sheet b) we would be able to take all profits from Match Day c) we could rent it out for Concerts & Events etc and take the fees d) we could put a stop to the Athletic debacle d) we could redefine the Stadium to meet our needs f) any prospective buyer would see us as a much more attractive and lucrative proposition.
Do you need any more reasons !!!
|
| 
