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West Ham awarded stadium


Guest Klitschko

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She is a sexy milf though but its irrelevant.

Its going to be horrible watching a game with a running track in the stadium.

I pass the stadium every day I just can't see West Ham filling that stadium.

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  • 2 months later...
Guest Klitschko

Leyton Orient Football Club has launched a legal bid over West Ham's move to the 2012 Olympic Stadium.

Bosses have applied for a judicial review, saying the Hammers' move to the nearby stadium would have a "devastating" effect on their fan-base.

It comes a day after Tottenham Hotspur launched a judicial review, claiming a £40m loan to West Ham was improper.

In March, the Hammers defeated Spurs in the bid for the stadium after the Games.

Newham Council, which has declined to comment on Orient's move, arranged the loan to finance West Ham's bid.

Leyton Orient's application for a judicial review is also calling into question the legality of the loan.

But the club is also asking the High Court to examine the Olympic Park Legacy Company (OPLC) decision to award the stadium to West Ham, Leyton Orient said.

Matt Porter, Leyton Orient's chief executive, said: "I can confirm we are applying for a judicial review. Our application has been given in.

"We will be arguing the move would have a detrimental and devastating effect on Leyton Orient Football Club."

The OPLC has also declined to comment on the legal bid by Orient.

West Ham United could not be immediately contacted.

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BBCNews.

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Orient do not want it, they just dont want West Ham going there as it will pratcially end Orient, some report should have been done under UK and EU law. Something about fair business, think of Tescos being built hext to a small local grocery. Also would diminish Orient fans in the future.

Would be a joke ting if West Ham go to Championship after all of this lol

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Its against the rules.

"They [the Premier League]say they will not grant consent for a club to move grounds if it would adversely effect clubs who have their registered ground in the immediate vicinity."

/

Can somebody please tell me why everything I copy off the internet adn paste hear appears in whit and I then have to manually edit the coulour. Very annoying.

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  • 4 years later...

Not sure if anyone would be interested but loads have signed the petition asking for the West Ham Olympic Stadium agreement to be made public, especially considering it was us as taxpayers that are funding it;

 

https://petition.parliament.uk/petitions/106355

 

West Ham has only contributed £15m towards the £272m conversion costs of the Olympic Stadium, with the taxpayer footing the rest of the bill. Considering the cost to the taxpayer, and the effect of this taxpayer subsidy on competition between clubs, a full public inquiry into the deal is needed.

 

More details

On top of the minimal conversion contribution, West Ham has been allowed to keep the sale proceeds of their current stadium, valued at £71m. Rental is £2.5m a year, halving should WHU be relegated. Taxpayers will cover the costs of stadium utilities, security, pitch maintenance, goalposts and corner flags - estimated to be worth £1.4m - £2.5m a year. Public money should be used responsibly, and in a way which does not distort the competitiveness of independent sports bodies and businesses.

 

 

Anyway, here's the response back from the government;

 

Following the completion of its transformation programme the Stadium will be - unlike so many previous Olympic Stadiums - a world-class multi-use arena with a long-term future, and one that won’t require continuous support from the taxpayer. The stadium remains in public ownership (E20 Stadium LLP – a joint venture between the London Legacy Development Corporation and Newham Council) and the profits from its multiple uses will flow to the taxpayer.

 

As a long-term concessionaire West Ham United will only access the full stadium facilities for and shortly ahead of home matches, anticipated to be an average of 25 games a year. The stadium’s other anchor concession-holder, British Athletics, has a concession for one month a year. The stadium will be available for commercial and other uses at all times outside of these existing commitments.

 

The Stadium is a multi-use venue, which has already hosted a major athletics meet this year, the Sainsbury’s Anniversary Games, and will host a range of other events in 2015 including five matches during the Rugby World Cup this autumn, a Rugby League international between England and New Zealand and the Race of Champions motorsport event. In addition the Stadium will host elite athletics including the IAAF and IPC Athletics World Championships in 2017.

 

A world class stadium operator has been appointed and it is part of the operator agreement that the Stadium will host concerts and other events.

 

None of these events will financially benefit West Ham United. All revenues from these events will be shared by the operator and the Stadium owners. The stadium operator has a proven international track record of success in managing and maximising revenue from multi-use stadia and is contractually incentivised to generate maximum income.

 

The agreement with West Ham United, including their contribution to transformation costs and rent, followed an open competitive process, which was delivered under EU rules, conducted visibly and exposed to significant scrutiny. The outcome has been tested in the courts and upheld. As the winning bid this constituted the best available return for the taxpayer and secures the commercial viability of a national asset for the next 100 years.

 

The European Commission (EC) is responsible for assessing whether public investment distorts the competitive market. The EC has considered this issue on more than one occasion and has done so with full sight of the contractual terms, comprehensive detail of the tender exercise and in depth legal opinion on compliance with UK and EU law. It has found no case to answer. Therefore we do not believe that a public inquiry is necessary.

 

The detail of the rental agreement between the Stadium owners and West Ham United is commercially sensitive. Disclosing details of the contract would undermine the future negotiating position of the Stadium's operator, Vinci, who are working hard to bring in future events to get the greatest possible return and ensure that the Stadium is a commercial success.

 

It is important that the stadium owners and operator are able to negotiate future contracts in a way that derive maximum value and are not constrained by any one agreement. Such arrangements are standard practice and are designed to both protect the previous public expenditure and maximise the return on this investment.

 

Department for Culture, Media and Sport

 

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