How Much Are West Ham Paying For The Olympic Stadium? (Solution)

When West Ham United rents the Olympic Stadium, how much does it cost them?

  • West Ham will pay £2.5 million per year to rent the 60,000-seat Olympic Stadium, it has been disclosed following the public disclosure of the agreement following a lengthy court struggle. The London Legacy Development Corporation (LLDC), which owns the stadium, appealed a decision that the contract should be made public, but their appeal was denied this week.

Can West Ham buy the Olympic Stadium?

West Ham has been given permission to expand the capacity of the London Stadium from 62,500 to 62,500 spectators. Once the team receives approval, an additional 2,500 seats will be constructed, elevating the old Olympic Stadium above the Emirates Stadium and the Tottenham Hotspur Stadium to become the largest club stadium in the city.

Who owns the Olympic Stadium?

With every Premier League match so far this season sold out, we have seen a fantastic response from our fans since the return of regular attendance this year. We thank them for their continued fantastic support, which has included breaking attendance records as part of regular capacity crowds at London Stadium.

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How much is West Ham club worth?

As reported by The Athletic, the agreement values the Premier League team at around UK£600 million (US$804 million), implying that Kretinsky would pay approximately UK£160 million (US$214 million) for his interest. The Guardian says that Kretinsky has become the team’s second-largest stakeholder as a result of the transaction.

How long is West Ham’s lease?

West Ham United and the London Olympic Stadium have reached an agreement on a lease that will take effect at the start of the 2016-17 season.

Who owns West Ham?

After purchasing West Ham from their boyhood club in January 2010, David Sullivan and David Gold have been the club’s majority shareholders ever since. Sullivan has 51.5 percent of the Hammers’ assets, making him the team’s biggest stakeholder, while Gold owns 35.1 percent.

What is the 2012 Olympic stadium used for now?

What is the current purpose of the London Olympic Stadium? The West Ham United football team has relocated to the London Olympic Stadium from Wembley Stadium. Throughout the year, the stadium also hosts events such as the United Kingdom Athletics Championships and concerts by various bands and musicians. The stadium can accommodate 60,000 football supporters or 80,000 concertgoers at the same time.

How many does Tottenham hold?

Spurs’ new stadium, which has a 62,000-seat capacity and a retractable field for multi-purpose usage, has been hailed as one of the world’s greatest stadiums during the development process.

Where do the away fans sit at West Ham?

Away spectators are accommodated in both the top and lower levels of the Sire Trevor Brooking Stand, which is located in the south-west corner of the stadium and has a capacity of just under 3,000 for Premier League games (or up to 8,000 for domestic cup ties).

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What Block do away fans sit at West Ham?

It is located in the South-West part of the Sir Trevor Brooking Stand, which is behind the opposing goal, where away fans may be found.

Where are West Ham in the rich list?

“West Ham sixth in Premier League wealthy list following Daniel Krentinsky investment https://t.co/t1udY5q7cN” / Twitter / london /

How much is Tottenham team worth?

From 2011 through 2020, the brand/team value of the English football club Tottenham Hotspur is represented by the statistic. Tottenham Hotspur’s brand worth was USD 850 million in 2019, according to Forbes.

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