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Post by andystokey on Aug 17, 2018 7:54:33 GMT
..on players and the manager this summer? Yet for their peppercorn rent of £2.5m a year they win a battle with the landlord (taxpayer) as follows... But the club and the corporation were in dispute over who should pay to make the stadium more supporter friendly, and a mutually agreed legal expert has ruled in West Ham's favour. This means the LLDC must pay for: Work to replace the material around the pitch perimeter The installation of pumps to allow the sale of draught beer at all bars Hospitality staff who work in the corporate boxes at the stadium Ensuring all televisions at the ground are allowed to show live sport - West Ham paid for the licence but the London Stadium had adverts on some screens Disgusting financial doping at its worst, made worse by the huge investment in the playing side and the revenue from Sky. Pisses me off. Source bbc www.bbc.co.uk/sport/football/45208151 |
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Post by iamcliveclarke on Aug 17, 2018 8:00:34 GMT
One word...
S C U M
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Post by VolvicStokie on Aug 17, 2018 8:01:24 GMT
Run by crooks.
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Post by mrcoke on Aug 17, 2018 8:04:50 GMT
Cheats never prosper in the end.
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Post by Mr_DaftBurger on Aug 17, 2018 8:05:01 GMT
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Post by Gob Bluth on Aug 17, 2018 8:06:01 GMT
Only time will tell how this will impact their finances in the long run. Effectively they're investing in players which are much more volatile than other assets. It could work out well for them or they could end up with a squad similar to ours which would put a financial strain on them because they'd be unable to loan against traditional assets.
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Post by andystokey on Aug 17, 2018 8:27:03 GMT
Only time will tell how this will impact their finances in the long run. Effectively they're investing in players which are much more volatile than other assets. It could work out well for them or they could end up with a squad similar to ours which would put a financial strain on them because they'd be unable to loan against traditional assets. I think Spurs are about to debunk this pre-Sky myth. Compared with the time when Arsenal built their stadium Spurs have more leverage at the bank with their playing assets. Kane at £100m plus and their younger players let's them leverage far more at the bank than the current Stadium value as a proportion. |
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Post by Laughing Gravy on Aug 17, 2018 8:36:53 GMT
Have they got to sell yet?
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Post by sportsman on Aug 17, 2018 8:55:22 GMT
Spending 100m plus, just to stop fans trashing your Bentley and trying force you out the club before you can make the kind of profit on the club you would like to make, is small change.
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Post by Paul Spencer on Aug 17, 2018 10:09:25 GMT
I'm sure at the start of the Liverpool v West Ham game last week, the commentator said that the two teams between them had spent a quarter of a billion pounds on players during the summer.  |
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Post by metalhead on Aug 17, 2018 10:11:23 GMT
Would love to see them going down... they won't, but I'd fucking love it if they did.
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Post by superheroantonius on Aug 17, 2018 13:36:43 GMT
west ham have spend over a hundred million on players this summer
but they have ratcheted up the price of season tickets ... about 800 quid now I think ?
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Post by xchpotter on Aug 17, 2018 14:51:13 GMT
Every time I see that pug faced cow on her TV programme Give it a Year it pisses me off how much her and the other crooks are fleecing tax payers to line their own pockets.
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Post by y_oh_y_delilah on Aug 17, 2018 15:16:02 GMT
Every time I see that pug faced cow on her TV programme Give it a Year it pisses me off how much her and the other crooks are fleecing tax payers to line their own pockets. Yes but she’s very good at it isn’t she? |
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Post by Veritas on Aug 17, 2018 15:30:21 GMT
Every time I see that pug faced cow on her TV programme Give it a Year it pisses me off how much her and the other crooks are fleecing tax payers to line their own pockets. Yes but she’s very good at it isn’t she? No |
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Post by Veritas on Aug 17, 2018 15:32:59 GMT
Would love to see them going down... they won't, but I'd fucking love it if they did. Me too and if Newcastle and Southampton joined them as we passed them on the way up I would never ask for anything at Christmas again. Won't happen though will it worst luck. |
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Post by metalhead on Aug 17, 2018 15:34:29 GMT
Would love to see them going down... they won't, but I'd fucking love it if they did. Me too and if Newcastle and Southampton joined them as we passed them on the way up I would never ask for anything at Christmas again. Won't happen though will it worst luck. No chance. |
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Post by benjaminbiscuit on Aug 17, 2018 15:35:59 GMT
Ambition in others hurts I’d rather be hated and in the premier league with our best player than incompetent snd in the championship for another twenty years , they’d be pissing themselves reading this .
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Post by Veritas on Aug 17, 2018 15:38:57 GMT
Ambition in others hurts I’d rather be hated and in the premier league with our best player than incompetent snd in the championship for another twenty years , they’d be pissing themselves reading this . Ambition? The dislike predates Arnie and is driven by the blatant fraud of the taxpayer. |
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Post by benjaminbiscuit on Aug 17, 2018 15:43:49 GMT
Ambition in others hurts I’d rather be hated and in the premier league with our best player than incompetent snd in the championship for another twenty years , they’d be pissing themselves reading this . Ambition? The dislike predates Arnie and is driven by the blatant fraud of the taxpayer. Yours may be I don’t mind West Ham at all they have made the best they could and don’t accept the status quo , we werent so moral when taking the Britannia stadium in some people’s eyes either , but it’s top flight sport and those that stand still or worse perish as we have done |
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Post by GreaterGlasgowstokie on Aug 17, 2018 16:27:43 GMT
Some lawyers involved in the original agreement have fucked up massively here
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Post by Clem Fandango on Aug 17, 2018 16:31:33 GMT
I understand that they doing us the tax paying member of the public a massive favour. God bless you West Ham.
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Post by Deleted on Aug 17, 2018 16:38:40 GMT
Despite their owners, their fans (celebrity and those youngsters spoofed last season threatening Everton fans on social media), their government hand outs, free stadium, the endless "West Ham won it for you in 1966", the "West Ham" way of playing, stealing Arnautavic, their unceasing ability to attract top class mercanies, er I mean players, due their location I really hope they do well this season and avoid the ignominy of relegation that we endured last season
Not 😬
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Post by lifelong on Aug 17, 2018 16:53:58 GMT
wasnt the bet 365 built with stoke on trent councils money and then finally bought back by stoke city for a pittance ;0)
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Post by cobhamstokey on Aug 17, 2018 16:59:04 GMT
wasnt the bet 365 built with stoke on trent councils money and then finally bought back by stoke city for a pittance ;0) We're talking totally different levels of money though aren't we? Plus I'm pretty sure we had to pay for all the catering, security etc and the cost of building didnt shoot up 300m. |
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Post by emmbrook1956 on Aug 17, 2018 18:56:52 GMT
I hope the West Sham go down but with the amount they have spent they will finish 10th
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Post by kustokie on Aug 17, 2018 19:17:22 GMT
I googled LLDC and discovered it can stand for several things, but London Legacy Development Company sounds right. However, I don’t understand the UK tax system at all, having been an ex-pat for 38 years - I have enough trouble with ours. Can someone explain how this affects taxpayers in SOT, and why it is not just a London issue? |
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Post by terryconroysmagic on Aug 17, 2018 19:36:11 GMT
west ham have spend over a hundred million on players this summer but they have ratcheted up the price of season tickets ... about 800 quid now I think ? w 800 quid for a few games at a running track, seriously that's crazy! |
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Post by countofmontecristo on Aug 17, 2018 19:55:40 GMT
wasnt the bet 365 built with stoke on trent councils money and then finally bought back by stoke city for a pittance ;0) Not really. The council only contributed £3.1M of the initial £14.7M build cost. Stoke paid £4.5M for the councils share 10 years later. Probably the best investment our pathetic council have ever made! West Ham would need to fork out a cool 1 Billion quid in 2027 in order to keep up with us and provide a 50% uplift, to the taxpayer, over a 10 year period on the £650M build/renovation cost!  |
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Post by lordb on Aug 17, 2018 22:13:41 GMT
wasnt the bet 365 built with stoke on trent councils money and then finally bought back by stoke city for a pittance ;0) Not really. The council only contributed £3.1M of the initial £14.7M build cost. Stoke paid £4.5M for the councils share 10 years later. Probably the best investment our pathetic council have ever made! West Ham would need to fork out a cool 1 Billion quid in 2027 in order to keep up with us and provide a 50% uplift, to the taxpayer, over a 10 year period on the £650M build/renovation cost! Also the council made a couple of million from concerts and so on during that period |
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