As well as selling out season tickets at the former Olympic Stadium, West Ham has sold out each and every corporate entertainment seat at the new stadium, all 3,600 of them!The club insisted corporate members commit for three years which is scheduled to bring in around £36m of revenue over the next three years or around £11.9m per season.
West Ham has increased the number of corporate seats in the Olympic Stadium compared to 2,700 in the Boleyn Ground which is spread over 700 people in 68 executive boxes and a further 2,000 in corporate lounges such as the Legends lounge.
Claret and Hugh understand these to be Olympic Stadium Hospitality Packages.
BM6 Lounge £10,000 a season with a 10-year commitment (100 person capacity)
Revenue: £1m per annum and £3m over 3 years
Arnold Hills – Joining Fee £1,500 Monthly Payments £408 – 3 year term, cost per season £4,896 (300 person capacity) Revenue: £4.86m over 3 years
Royal East – Joining Fee £1500 Monthly Payments £384 – 3 year term, cost per season £4,608 (300 person capacity) Revenue: £4.53m over 3 years
Forge Lounge – Joining Fee £900 Monthly Payments £288 – 3 year term, cost per season £3,456 (300 person capacity) Revenue: £3.38m over 3 years
Great Briton – Joining Fee £900 Monthly Payments £264 – 3 year term, cost per season £3,168 (400 person capacity) Revenue: £4.16m over 3 years
Academy bar – joining fee £600 Monthly payments of £144 – 3 year term, cost per season £1,728 (1000 person capacity) Revenue: £5.78m over 3 years
Boleyn Bar – Joining fee £600 Monthly payments of £168 – 3 year term, cost per season £2,016 (1000 person capacity) Revenue: £6.64m over 3 years
There are sixteen executive boxes each holding a maximum of ten people. These cost around £70,000 per season. (160 person capacity) Revenue: £3.36m over 3 years.
Total Corporate Capacity equates to 3,560 which generates a total income of around £11.9m per season or £35.71m of revenue over the three-year commitment.
Earlier we revealed that ticket sales are set to increase from £20m per season to nearly £32.5m, this adds almost £12m on top of that so an estimated £44.5m per season will come from tickets and corporate hospitality.
About Sean Whetstone