The London Stadium generated revenue of £20.2m in 2025, of which £4.6m came from West Ham United in rent last year. However, now that the London Stadium owners have published their financial accounts for 2025, the accounts have revealed a massive group loss of £68m
These are the final accounts before the London Stadium and operating company, London Stadium 185, were transferred to Greater London Authority Holdings on 31st March last year.
Cost of sales was calculated at £21.2m, meaning the group’s operating loss was under £1m
Once other operating expenses, depreciation, impairment and other exceptional costs were factored in, losses grew to £43m
‘Deal of The Century’ Rent is Killing Stadium Value
Financing cost of £11.4m of interest and £14m of other financing costs caused the total loss for the London Stadium group to reach £68.43m, an increase from £51.25m in 2024
Yet again, the London Stadium was valued at nil due to onerous contracts with West Ham United and UK Athletics.
The accounts list total financial liabilities at £270m
sell it to us, then fully revelop into a FOOTBALL stadium. Whilst there is a long old walk to and fro, we are mostly used to it now and I’m sure folks would call it home if it were converted into a tight stadium as was Upton Park
Give it over to the club with an undertaking that the club will enhance and protect the stadium!
Due to political and public sector detachment from reality. In the real world only West Ham were ever going to make a fist of the stadium, Tottenham wanted to pull it down.
The realistic option was to have sold it to West Ham at the earliest possible time for whatever the going rate was. That would have avoided ongoing losses.
Athletics have never been at the races as a financially viable alternative, they whinge and whine but at the end of the day can’t muster the entry fee.
The club offered to buy the stadium and plans weee in place for redevelopment
Outside parties got involved and scuppered this