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The London Taxpayers' Stadium Shambles

We all know whats going to happen. Brand new "money is no object" football stadium will be built on the Olympic site, West Ham will be paid compensation for having to move there from their historic home and have a lease on the same terms.
 
I do wonder what could actually be done about the situation after the probe ends.

Sweet fudge all - as Mr R.Daltrey would say.

That's the most frustrating part - there looks to be no accountability on this turnip!

Knock the bloody thing down and ...................build a kids playground OR a 'traveller park' :D
Let West Ham the greedy gits share with Orient.
 
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Post from KUMB that seems to acknowledge the reality and have some actual awareness of the issues:

We won't lose our 'ground' the political fallout would be to damaging for any government ... but we may find that the cost of staying increases dramatically ... yes we have a lease, however that lease is in essence with the government. As with every lease in the UK it is subject to the UK Lease Laws, these allow for a renegotiation of the rent by either the landlord or the tenant via a tribunal and a rent officer ... either party can bring a case if they can show that the lease is not set at a 'fair rate' ... the government (our landlord) is the final arbiter in any dispute ... ergo they win ...

Break clauses http://www.gov.uk/terminating-a-commercial-property-lease-early are a requirement of any commercial lease, not 100% sure what ours are but we will have them ...

Very hard to argue that our rent 2.5m a year represents a 'fair rate' when you compare that to the average London commercial lease at around 8.8% yield. On a 700m property that would be 62m a year .... we may argue that we only 'rent' the stadium for 35 days so just 10% of the time ... that would still be 6.2m ... but as it takes 30 days to move us out and 30 days to move us back in so we in effect block the use of the stadium for 95 days ... thus a 'fair rent' would be closer to 27m ... (you could in fact argue that for the entire season the ground is 'blocked' to other users, that's 300 days so 50m a year rent) ... it could also easily be argued that the 'management costs' of having us in the ground should be included in the rent, security, lighting, cleaning, etc. so a 'fair rent' is probably nearer to 35m a year rather than the 2.5m a year we pay ... press, rivals, MP's have all been saying this ever since the deal was announced, it's a case we can't hope to win and a rent increase is inevitable ....

Rather than pay this increased rent for the next 99 years .... that's could be as much as 3 billion .... far better to borrow the cash, use the 35m a year as debt payments (in essence do a deal with the government) and take over the whole f***in' mess ... if we then spent 200m on fixing the f*** ups we would end up with a proper football ground ... and crucially one which we own ...

alternatively ...

make the government an offer to get them out of a s***storm ... buy the ground for 350m, knock it down and build a proper ground for another 350m (all the services and foundations are in place so cheaper than a 'build from scratch' ).... sadly we already know the cost of this because it was the f***in' Spuds plan all along ... play at wembley/arse/spuds for a couple of years whilst the new ground is being built ... we know this works because our rivals are doing exactly that ... again we end up with a ground that we own ...

Selling our 'home' on the back of the 'deal of the century' was as many, many people pointed out fell under the category of 'to good to be true' .... that naive thinking is now biting us badly ....

We can and indeed must make the best of what we have, sitting in a stadium that's very obviously not 'fit-for-purpose'? blaming everyone but ourselves? getting ripped a new one by the media on a daily basis? in essence doing nothing? ... that's just not an acceptable solution ......
 
Post from KUMB that seems to acknowledge the reality and have some actual awareness of the issues:

We won't lose our 'ground' the political fallout would be to damaging for any government ... but we may find that the cost of staying increases dramatically ... yes we have a lease, however that lease is in essence with the government. As with every lease in the UK it is subject to the UK Lease Laws, these allow for a renegotiation of the rent by either the landlord or the tenant via a tribunal and a rent officer ... either party can bring a case if they can show that the lease is not set at a 'fair rate' ... the government (our landlord) is the final arbiter in any dispute ... ergo they win ...

Break clauses http://www.gov.uk/terminating-a-commercial-property-lease-early are a requirement of any commercial lease, not 100% sure what ours are but we will have them ...

Very hard to argue that our rent 2.5m a year represents a 'fair rate' when you compare that to the average London commercial lease at around 8.8% yield. On a 700m property that would be 62m a year .... we may argue that we only 'rent' the stadium for 35 days so just 10% of the time ... that would still be 6.2m ... but as it takes 30 days to move us out and 30 days to move us back in so we in effect block the use of the stadium for 95 days ... thus a 'fair rent' would be closer to 27m ... (you could in fact argue that for the entire season the ground is 'blocked' to other users, that's 300 days so 50m a year rent) ... it could also easily be argued that the 'management costs' of having us in the ground should be included in the rent, security, lighting, cleaning, etc. so a 'fair rent' is probably nearer to 35m a year rather than the 2.5m a year we pay ... press, rivals, MP's have all been saying this ever since the deal was announced, it's a case we can't hope to win and a rent increase is inevitable ....

Rather than pay this increased rent for the next 99 years .... that's could be as much as 3 billion .... far better to borrow the cash, use the 35m a year as debt payments (in essence do a deal with the government) and take over the whole f***in' mess ... if we then spent 200m on fixing the f*** ups we would end up with a proper football ground ... and crucially one which we own ...

alternatively ...

make the government an offer to get them out of a s***storm ... buy the ground for 350m, knock it down and build a proper ground for another 350m (all the services and foundations are in place so cheaper than a 'build from scratch' ).... sadly we already know the cost of this because it was the f***in' Spuds plan all along ... play at wembley/arse/spuds for a couple of years whilst the new ground is being built ... we know this works because our rivals are doing exactly that ... again we end up with a ground that we own ...

Selling our 'home' on the back of the 'deal of the century' was as many, many people pointed out fell under the category of 'to good to be true' .... that naive thinking is now biting us badly ....

We can and indeed must make the best of what we have, sitting in a stadium that's very obviously not 'fit-for-purpose'? blaming everyone but ourselves? getting ripped a new one by the media on a daily basis? in essence doing nothing? ... that's just not an acceptable solution ......

Biggest mess.
I like the post - BUT where are they going to find the money. Do the Didlo brothers have that kind of money, and if they do, are they going to spend it.
Time for MASS action - protests etc
 
Biggest mess.
I like the post - BUT where are they going to find the money. Do the Didlo brothers have that kind of money, and if they do, are they going to spend it.
Time for MASS action - protests etc

Karen's going to have to turn a lot of tricks to get that sort of money and she ain't getting any younger!!!
 
Post from KUMB that seems to acknowledge the reality and have some actual awareness of the issues:

.....make the government an offer to get them out of a s***storm ... buy the ground for 350m, knock it down and build a proper ground for another 350m (all the services and foundations are in place so cheaper than a 'build from scratch' ).... sadly we already know the cost of this because it was the f***in' Spuds plan all along ... play at wembley/arse/spuds for a couple of years whilst the new ground is being built ... we know this works because our rivals are doing exactly that ... again we end up with a ground that we own ...

laughing-gifs-jonah-jameson.gif


Sorry, lads. I'd rather the new stadium not have to host the Dildo Brothers and their bubble-blowing entourage - and given how lovably vindictive Levy is with his grudges against clubs ranging from United to Chelsea and Spam itself, I think I'm safe in predicting that it's probably going to be Orient or some other poor sods who will have to accomodate that bunch if they end up doing what we proposed to do to the OS back in 2012.
 
but what about the all important running track and Olympic legacy.Their best bet is to buy back upton park,if that's even possible re-build the stadium and then leave the London taxpayers stadium.
 
but what about the all important running track and Olympic legacy.Their best bet is to buy back upton park,if that's even possible re-build the stadium and then leave the London taxpayers stadium.

The whole place is a white elephant as predicted before the event, mutliple arenas built for specific sports yet the British Athletic meetings next year are either in Birmingham or Sheffield, Swimming it's Sheffield, Cycling at Manchester and Gymnastics in Liverpool. As usual the whole fiasco was an exercise in misleading the British public to pay for an event which help promote certain public figures and line the pockets of their friends. Everyone got excited and wrapped themselves in the Union Jack now we've got years to keep bailing it out. I still think we should have built the monorail Lyle Lanley was pitching!!!
 
Really would enjoy seeing them get relegated and end up having to play Millwall in there. For, like, a decade at least.

Had a good chuckle not long ago reading the Brady girl bragging about how the value of Waste Ham's brand has increased since she arrived. But what private company would want to be associated with anything involving these idiots nowadays? It's hard to imagine how one club has sullied their image so badly, so quickly moving into new digs.

A naming rights deal was supposedly all set to be announced in the summer, they said. Now?

Seriously, if it was me running the joint, I'd have cute cheerleaders/porn stars in skimpy outfits bouncing away all game on those big trampoline-like tarps behind the lower seats. At the very least, you'd create a wonderful distraction from the horseplop football being played in the distant meadow.
 
I wonder how we will be in Wembley next season and then our new stadium after that.

Glass houses and throwing stones comes to mind here.
 
I just read it costs 8m to take down and then re erect the temporary seating. How the fudge can it cost so much to erect a bit of scaffolding.
 
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