Stadium owners have only got themselves to blame
In their financial accounts published at Companies house they tried to blame their losses on hosting West Ham football games and moving the seats backwards and forwards for Athletics but the reasons are much deeper than that.
It is very convenient of them to blame West Ham for their losses but in reality, they only have themselves to blame.
E20 Stadium owned by the London Legacy Development Corporation (LLDC) has consistently failed to get a handle on their operating costs despite numerous changes of civil servants running it.
They outsource everything, have no commercial integrity and are extremely inefficient.
They have spend millions on external consultants which have failed to make any significant dent on their increasing losses and many of their commercial deals have been poorly sourced. Their major single issue remains they have failed to sell the very valuable Naming Rights for the stadium despite paying consultants many hundreds of thousands on advice on how to do such that. They have failed on pretty much every level.
The only sensible action to save more of Taxpayers money is to approach West Ham to take over the operation and day to day running of the London Stadium to leverage their decades of experience of running football stadia and properly managing costs.