London Stadium caterers announce losses


cat2London Stadium caterers Delaware North have revealed a loss of £1.6m in financial accounts published earlier this week.

Delaware North Companies (UK) Hospitality Services Limited runs stadium catering for Arsenal, Derby County, Charlton, Fulham as well as the London Stadium said £1.3m of income came from the London Stadium in the first four months of trading.

The accounts reveal that from a turnover of £27m and cost of sales of £7.5m the company recorded a gross profit of £19.4m but after factoring ‘administrative expenses’ of £20.8m they made a loss of £1.6m.

Figures released under freedom of information showed an average catering revenue of £281,331 per match which could mean a turn over of £7m next year for the London Stadium.

In the London Stadium concessionaire agreement, West Ham shares 30% of catering revenue profit on anything over £500,000 each year. However, with Delaware North recording a loss overall it remains to be seen if West Ham will see any profit-sharing anytime soon.

A senior source close to the club told Claret and Hugh:“If we had the capacity we are entitled to and they were fully stocked they would probably have made significantly more money!”

Share this article

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 A Blogger on a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at,

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