Transfer Rumours The 2015 Summer Transfer Window Thread

No grapes involved. It should and is being looked into, I would say the same if it was us.

£700m costs, which £272m of it is transforming it to a football stadium. All but £16m was paid by the taxpayers.

http://www.bbc.co.uk/news/uk-politics-33259302

 

OK I apologise , but where does the 700 million come from ? and surely it is better to be used , than not ?

 

The cost of the Stadium being built and then changed to a football stadium has cost £700m. West Ham paid only £15m and UK Athletics paided £1m towards it. I have heard West Ham have to pay £2m a year rent, but then they get a £700m stadium for that.

 

How much did the conversion from Olympic stadium to football ground cost ? And is that a it will be used for ? Don't get me wrong , the hammers have lucked in, but for how long ? Do well and they will be rolling in it ,suffer and they after a short while ( 2 or 3 seasons ) wish they were still at the an ground . I for one wish them well ( ish ,)


How much did the stadium cost in the first place ?

 

99 year lease I believe.

 

Cost to build stadium: £478m
Cost to change into a footy stadium: £272m
Total cost: £700m

West Ham pay
Towards stadium: £15m
Lease: £2m over 99yrs.

 

It has cost £272 million to convert it from the Olympic stadium to dual use as a football ground for 11 months of the year and an athletics stadium for 1 month of the year, by rolling seats back under the stands to expose the track. West Ham paid £15 million up front plus £2 million per year for the next 99 years. It cost about £500 million to build in the first place.

 

You will always lose money putting on the Olympics. The important thing is to find a use for the buildings or pull them down...cannot hope for a profit or even get close to breaking even.

 

A Prem team should be able to pay more then £213m over 99yrs tho...

 

I feel for other local teams....West Ham will be able to undercut everyone else with that capacity.

 

I absolutely agree Fran, but West Ham won't even pay back the conversion costs in the next 99 years, and they'll get all the benefit. Non-West Ham supporting taxpayers won't get any benefit at all.

 

I agree, but, if not West Ham, who? Crystal Palace wanted a ground share, but don't know if that was viable.

 

West Ham but paying more cash....

 

I think it was Leyton Orient, but whoever it was, a ground share would at least have made it available to more people. I don't know why ground sharing isn't seen as a viable option in this country when other countries seem to manage quite well. Inter and AC, Lazio and Roma, neither of which have fans who exactly get on with each other, all cope with it OK.

 

He's replaceable at least.

 

Yep, it was Leyton Orient. The club is quite fearful that they'll lose most of their crowd to the new iteration of WHU. I think they have a genuine fear too. Their case was completely overlooked in the court, and ex-Chairman Barry Hearn is now calling for transparency of the stadium deal, and I agree with him.

 

That would be interesting if they did get complete transparency because as far as I'm concerned, it stinks!

The club who took it in should in my opinion be paying for at least half the renovation costs. They cold have usd Arsenal and Spuds stadium costs as examples and worked a cost from there.

I would want to know everything about the committee members: where they've holidayed, where they've eaten, where they've bought their cars, their finances. Everything.

 

There hiding behind confidentiality clauses by not revealing the terms of the lease.
This is government we're talking about, but I would like to think that the rent is not fixed at £2m for the whole 99 years

 

ITV reporting MS has agreed terms on 4 year man utd deal.

 

Spoke to a mate yesterday who's sister is going to Charlie Austins wedding today and he said Charlie to Newcastle is a done deal and has been for some time
Would liked to have seen him here but he is getting the no9 shirt and a pay rise to boot.