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London Stadium to make significant savings

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The pandemic is saving London Stadium owners millions in running costs in a bizarre twist of fate.

London Stadium owners have previously claimed each West Ham match costs them £250,000 in operating costs to stage despite bringing in just £100,000 per game of rent from the Hammers. A large proportion of these are spent on the one thousand plus stewards required for each match.

Not providing stewards for the final five home of the season could have potentially saved the public taxpayer £750,000 but that is dwarfed by not moving the seats this summer

Major League Baseball, the Green Day music concert and Athletics were all cancelled over the summer, meaning the London Stadium owners can leave the stadium in football mode and save a further £6m.
Each game that is played behind closed doors will save over £100,000 in stewarding costs and even if supporters return with limited capacities of 25% stewarding and security costs will be slashed.

The London Stadium is likely to reveal massive savings this year when figures are released for LLDC but it is still unlikely to put a massive dent in its £29m per year annual losses.

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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

9 comments on “London Stadium to make significant savings

  1. These savings have been brought about through force of circumstances.
    Once the reasons for these savings are removed and supporters are allowed to return, the LS operators will have to shell out for stewards etc. again. I think then there will be moves to unload the stadium.
    In the present climate the burden of 29 million pounds plus on the public purse will be a political time bomb.
    No doubt the takeover consortium will have built this into their business plan when negotiating a buyout with GSB?

  2. Signicant?? Oh dear.
    Word of advice. Write. Read. Press ENTER.

  3. Amazing how you appear to get two responses in before my first clears cencors, sorry, moderation.
    Pathetic.

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