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How Irons can turn a London Stadium profit

The Irons could turn a profit using many areas of operation should, and hopefully once, they take over the London Stadium.

Claret and Hugh spoke about the failure to finally find a naming partner for the London Stadium in a piece on the site yesterday.

Being associated with the successful football club we are becoming put figures up to £50 million  firmly in the frame.

After finding a sponsor for the naming rights  it would be time to fix other loss-making activities.

The top priority should be to relocate athletics from the London Stadium, it was always a vanity project far better suited in Birmingham or Crystal Palace.

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The others are clear:

  • Give West Ham control of their own catering to allow them to run corporate hospitality and bars and food stalls.
  • Allow West Ham to operate the stadium including renegotiating the security, facilities management and stewarding contracts.

The  truth is private companies know how to eliminate waste and negotiate sound business contracts in a way the public sector never can where taxpayers money is available.

Put that all together and you have a good chance to turn a loss-making stadium into break even or turn a small profit.

That has to be a win-win for West Ham, the taxpayer and the government. You know it makes sense!

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About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter