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London Stadium to save millions

The current crisis could save 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.

Not staging the final five home of the season could potentially save the public taxpayer £750,000 but that would be dwarfed by not moving the seats this summer.

Major League Baseball has already been cancelled but if the Greenday music concert and Athletics are also cancelled this summer, the London Stadium owners can leave the stadium in football mode save a further £6m just from not moving the seats.

Even if the London Stadium makes £6.75m of additional savings this year it won’t put a massive dent in its £29m per year annual losses but the sad truth it that it is cheaper to have no supporters in it to save on running costs.

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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

One comment on “London Stadium to save millions

  1. Sadly, this pattern is not just restricted to the London Stadium it applies to council servicea, the NHS and other public services that have had “investment”. Public services are not invested in, each investment needs an annual commitment to operational expense. Clearly the answer is to give the stadium away and let a business run it for profit. Yes it sucks but public sector organisations providing services cannot make a profit as they have their hands tied by too many constraints to be able to do the obvious things or take risks.

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