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London Stadium misses out on extra payments

london-stadiumLondon Stadium operators and owners have missed out on any performance related bonuses due by West Ham under their 99-year agreement for the stadium after a disappointing season on the pitch.

It means West Ham’s rent was fixed at the One-Off usage fee of £2.5m after we finished 11th in the Premier League and failed to qualify for Europe or win the FA Cup.

Agreed bonus payments in the London Stadium agreement.

£25,000 for any Event Year in which the Club finishes in the l0th League Position or above

£40,000 for any Event Year in which the Club finishes in the 9th League Position or above

£55,000 for any Event Year in which the Club finishes in the 8th League Position or above

£70,000 for any Event Year in which the Club finishes in the 7th League Position or above

£85,000 for any Event Year in which the Club finishes in the 6th League Position or above

£100,000 for any Event Year in which the Club finishes in the 5th League Position or above

£100,000 for any Event Year in which the Club finishes in the 4th League Position or above

£100,000 for any Event Year in which the Club finishes in the 3rd League Position or above

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£100,000 for any Event Year in which the Club finishes in the 2nd League Position or above

£100,000 for any Event Year in which the Club finishes in the 1st League Position

The League position bonus has an accumulative effect so winning the Premier League would mean a bonus payment of £775,000

£100,000 for any Event Year in which the Club wins the FA Cup

£100,000 for any Event Year in which the Club wins the Europa League

£100,000 for any Event Year in which the Club qualifies to participate in the Europa League in the following Event Year

£250,000 for any Event Year in which the Club qualifies to participate in the Champions League Group Stages in the following Event Year

£1,000,000 for any Event Year in which the Club wins the Champions League,

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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

2 comments on “London Stadium misses out on extra payments

  1. £1m if/when we win the CL? Blow that for a game of soldiers. Tell the players to make sure they avoid winning it lol.

  2. Don’t worry , Hammer64 ; the London Stadium will be bought outright by a Megga Rich owner in the not too distant future . Mark my words .

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