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London Stadium finds a way to save a few millions

The cancellation of planned showpiece events at London Stadium last year will help save the London taxpayer £7.4m, a new report has revealed

The London Assembly looks at the London Legacy Development Corporation’s (LLDC) running of the London Stadium and wider park.

It shows how costs fell as the Covid-19 crisis led to events including Major League Baseball in June 2020, music concerts and UK Athletics’ Anniversary Games the following month, being called off. 

Staging West Ham United Premier League games without capacity crowds has also helped save money due to the reduced need for security and safety stewards.

The report says this is evidence of medium-term “structural funding pressures” and that “it saves the LLDC money when it’s not running events”.

However, the report also suggests the general financial outlook of the park is a “ticking time bomb” for the next London mayor.

London Stadium, which is owned by E20 Stadium LLP – a wholly-owned subsidiary of the LLDC – ultimately run by Mayor of London Sadiq Khan.  

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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