Eggbert Nobacon 4:29 Fri Oct 5
Stadium not for sale
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http://www.kumb.com/story.php?id=132924
No stadium sale, insist Mayor's Office
Filed: Friday, 5th October 2018
By: Staff Writer
A spokesman for the Mayor's Office says that any hopes West Ham fans harbour of the stadium being sold to the club are fanciful, at best.
Ever since West Ham sold the Boleyn Ground and moved to rented accommodation in Stratford two years ago, United fans have discussed the possibility of the club eventually owning the ground and making it feel like 'home'.
However that is little more than a pipe dream according to a spokesman for the Mayor's Office, who laughed off suggestions that the club could eventually own the stadium and take control of its various revenue streams.
"I can confirm that the Mayor's position remains the same; the London Stadium is a public asset and will stay in the ownership of the taxpayer," wrote the spokesman in reply to a query from a KUMB member.
"The Moore Stephens report, the independent review commissioned by the Mayor last year, said that the process could not be rushed, the contracts are complicated, and it would take time to work through the issues which is exactly what LLDC are doing - but progress is being made."
The spokesman also confirmed that the LLDC were continuing to examine other ways of reducing their deficits, which currently stand between £15-£20million per annum, outside of their relationship with West Ham.
"LLDC have significantly reduced the cost of the seat moves and are looking to make further efficiencies here; they are working with the stadium operators to reduce the high operating costs," they continued.
"LLDC are also working to maximise the commercial opportunities by staging events beyond the Premier League and they are looking to address naming rights as well as the fees paid by both of their main concessionaires.
"The stadium is not just a football venue. The venue is already one of the best multi-use stadiums in the world and LLDC are working to maximise the commercial opportunities it creates to reduce the burden on the taxpayer in the long-term.
"Premier League football aside, the multi-use venue has already hosted some of the biggest athletics meets in the world, Premiership Rugby Union, the Rugby World Cup and a range of concerts by some of the world's most popular artists like the Rolling Stones, Jay Z, Beyonce and the Foo Fighters.
"Next year will see Major League Baseball played at the venue between the Boston Red Sox and the New York Yankees, a first for the UK."
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Replies - Newest Posts First ( Show In Chronological Order)
Gaffer58
8:24 Fri Oct 5
Re: Stadium not for sale
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It doesn't matter who the actual owner is those multi-use events can still go ahead.
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BillyJenningsBoots
7:15 Fri Oct 5
Re: Stadium not for sale
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Got to be sold at some point to Private Sector as Public Sector ownerships will never be profitable and it's no Public Asset if its loss making!
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Fivetide
6:47 Fri Oct 5
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boltkunt 5:45 Fri Oct 5
Re: Stadium not for sale
Really? I reckon he'll be mayor for a long time yet, unless someone conspires to out him over something
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Passerby66
6:45 Fri Oct 5
Re: Stadium not for sale
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Long term the stadium will 100% be sold.
Not on Khan's watch certainly, but he is just an elected official and someday he will be voted out or resign.
New mayor, especially if it is a Tory will blame all the problems on Khan/Johnson and say the best thing do do for the public purse is to cut their losses by selling it.
Who they sell it to is another question, but if our contract is as restrictive as has been rumoured then we could well be the only game in town...
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1964
6:44 Fri Oct 5
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Khan't see Khan ever losing as Mayor unless he steps down. Think he's there for a looooong time!
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VirginiaHam
6:31 Fri Oct 5
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The fact they spend GBP4m/annum arguing with us and losing dosn't say much for their business acumen.
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Fo the Communist
5:58 Fri Oct 5
Re: Stadium not for sale
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Even the Tories don't think they will win the next Mayoral election. And you can take that to the bank.
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Gavros
5:51 Fri Oct 5
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he's been a major disappointment.
i think that IRON Andrew Boff will replace him.
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Humpty Dumpty
5:49 Fri Oct 5
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Fucking horrible little scrote of a man.
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boltkunt
5:45 Fri Oct 5
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He won't be mayor for much longer.
So take what he says with a pinch of salt.
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Hermit Road
5:39 Fri Oct 5
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'A public asset', that they are running into the ground. The trouble with the mayor is that he labours under the delusion that politicians and civil servants make good businessmen. They don't. That's why what should be a cash cow is being run at a massive loss.
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Northern Sold
5:17 Fri Oct 5
Re: Stadium not for sale
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The mafia... i shit 'em
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Northern Sold
5:17 Fri Oct 5
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Uh?? What about the yanks?? I thought they was buying it yesterday???
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Mex Martillo
4:54 Fri Oct 5
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“The venue is already one of the best multi-use stadiums in the world”
So why are the jokers losing money like water from a sieve.
Absolutely useless
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EastEndMade
4:51 Fri Oct 5
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"I can confirm that the Mayor's position remains the same; the London Stadium is a public asset and will stay in the ownership of the taxpayer,"
Keep topping up that lawyer fund then Sadiq.
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Fo the Communist
4:48 Fri Oct 5
Re: Stadium not for sale
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Any sale could be structured to ensure the public purse benefits from future events at the stadium.
What we have here now is a clash of wills between the Mayor and GSB - a relationship as poisonous as it is ruinous.
All a fucking mess of GSB's creation.
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Mex Martillo
4:48 Fri Oct 5
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Without a doubt they need new operators to make it work.
LLDC are money grabbing jokers that could not organise the proverbial piss up in a brewery.
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Eggbert Nobacon
4:47 Fri Oct 5
Re: Stadium not for sale
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wouldn't be much bidding with us as sitting tennant on a lease that apparently makes it impossible for them to make money
we would likely be the only bidder
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Mike Oxsaw
4:47 Fri Oct 5
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goose 4:35 Fri Oct 5
He don't give a shit - they're not his pockets.
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Texas Iron
4:45 Fri Oct 5
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Typical...
Keep it...racking up millions of losses every year...
Sell...open bidding ...get cash...move on...
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Eggbert Nobacon
4:37 Fri Oct 5
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yeah not for sale while Khan is in charge may have been more accurate!
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