| We will all gladly pay for West Ham to get relegated I’m sure…? 14:34 - Oct 31 with 2017 views | SitfcB |
Because it’ll be funny  |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:38 - Oct 31 with 1950 views | J2BLUE |
Just another reason the whole deal was a shocking one. Why should their rent be reduced? Why include that in the contract to begin with? |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:48 - Oct 31 with 1841 views | BlueOura |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:38 - Oct 31 by J2BLUE |
Just another reason the whole deal was a shocking one. Why should their rent be reduced? Why include that in the contract to begin with? |
They got a real ( and unfair ) advantage with that stadium didn't they, and it very much looks like they have squandered it. What a shame. |  | | |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:52 - Oct 31 with 1773 views | Miaow |
I have never liked West Ham.
Their relegation would bring me satisfaction. |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:00 - Oct 31 with 1696 views | Keno |
Do we know which tax payers and if can we nominate the ones to pay?
If it was up to me Id send the whole bill to Piers Morgan |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:01 - Oct 31 with 1683 views | Zx1988 |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:38 - Oct 31 by J2BLUE |
Just another reason the whole deal was a shocking one. Why should their rent be reduced? Why include that in the contract to begin with? |
Looking at it on a purely commercial basis, it's probably not far wrong, and not that unusual.
Most commercial rents will be influenced in one way or another by turnover (either directly, or based on the potential of the unit) and, indeed, post-COVID, turnover-based rents are even more common.
Football clubs are a somewhat different beast to the likes of M&S or Poundland, because of the fact that their revenue streams are far more unstable. A blue chip company such as M&S is unlikely to see its revenue streams halve overnight, whereas that is the reality of relegation for a Premier League club.
A report discussed in a recent goal.com article - https://www.goal.com/en-gb/lists/revealed-west-ham-could-lose-120m-relegated-cha - suggests that relegation could see West Ham's income drop from £270m to £150m.
A reduction of the rent on relegation does not seem that unreasonable to me and, assuming that the lease was negotiated on commercial terms, I would expect a party at a realistic risk of a sudden drop in income to argue hard for a rent-reduction clause. |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:06 - Oct 31 with 1641 views | giant_stow |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:48 - Oct 31 by BlueOura |
They got a real ( and unfair ) advantage with that stadium didn't they, and it very much looks like they have squandered it. What a shame. |
I think they're now whinging about the stadium as they dont have control over spinning more money of out of it though corporate stuff. |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:13 - Oct 31 with 1595 views | BotesdaleBlue |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:52 - Oct 31 by Miaow |
I have never liked West Ham.
Their relegation would bring me satisfaction. |
So do I. Absolutely loath the club and everything associated with them. |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:17 - Oct 31 with 1542 views | WeWereZombies |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:01 - Oct 31 by Zx1988 |
Looking at it on a purely commercial basis, it's probably not far wrong, and not that unusual.
Most commercial rents will be influenced in one way or another by turnover (either directly, or based on the potential of the unit) and, indeed, post-COVID, turnover-based rents are even more common.
Football clubs are a somewhat different beast to the likes of M&S or Poundland, because of the fact that their revenue streams are far more unstable. A blue chip company such as M&S is unlikely to see its revenue streams halve overnight, whereas that is the reality of relegation for a Premier League club.
A report discussed in a recent goal.com article - https://www.goal.com/en-gb/lists/revealed-west-ham-could-lose-120m-relegated-cha - suggests that relegation could see West Ham's income drop from £270m to £150m.
A reduction of the rent on relegation does not seem that unreasonable to me and, assuming that the lease was negotiated on commercial terms, I would expect a party at a realistic risk of a sudden drop in income to argue hard for a rent-reduction clause. |
But if M&S found that a location was not bringing in any revenue then they would close that store and open another one elsewhere, after negotiation with the letting agent. Another, more lucrative, business, say Poundland, might be able to pay a similar rent to existing and take over, and hopefully turn around, the property.
So if West Ham cannot make the London stadium work, then maybe the stadium could be relinquished by them and another club that is still in the Premier League, say Bournemouth (most of their support probably travels down from London anyway), could take it on ? |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:45 - Oct 31 with 1351 views | Illinoisblue |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:48 - Oct 31 by BlueOura |
They got a real ( and unfair ) advantage with that stadium didn't they, and it very much looks like they have squandered it. What a shame. |
They got an athletics stadium for cheap. That much is true. Now all they need to do is build a football stadium with their own money. |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:51 - Oct 31 with 1290 views | C_HealyIsAPleasure |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:17 - Oct 31 by WeWereZombies |
But if M&S found that a location was not bringing in any revenue then they would close that store and open another one elsewhere, after negotiation with the letting agent. Another, more lucrative, business, say Poundland, might be able to pay a similar rent to existing and take over, and hopefully turn around, the property.
So if West Ham cannot make the London stadium work, then maybe the stadium could be relinquished by them and another club that is still in the Premier League, say Bournemouth (most of their support probably travels down from London anyway), could take it on ? |
Ignoring the attempt at humour you’ve unwittingly hit the nail on the head as to why a clause to drop rent would be agreed
Obviously in reality Bournemouth wouldn’t move in, any potential replacement for West Ham would be limited to a very small number of clubs in the area. Realistically that list pretty much starts and ends with Leyton Orient, who wouldn’t be able to pay as much as even the reduced rent, which is hence why West Ham were able to arrange such terms
And regardless of whether they should have been gifted it, it’s a godawful stadium which they’re welcome to |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:57 - Oct 31 with 1253 views | Benters |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:52 - Oct 31 by Miaow |
I have never liked West Ham.
Their relegation would bring me satisfaction. |
This |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 16:27 - Oct 31 with 1106 views | Plums |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 14:52 - Oct 31 by Miaow |
I have never liked West Ham.
Their relegation would bring me satisfaction. |
You are Mick Jagger and I claim my £5 |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 16:33 - Oct 31 with 1067 views | BlueBadger |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:00 - Oct 31 by Keno |
Do we know which tax payers and if can we nominate the ones to pay?
If it was up to me Id send the whole bill to Piers Morgan |
I suspect the amount of tax Piers pays is inversely proportional to the number of phones he's hacked. |  |
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 16:39 - Oct 31 with 1049 views | Bramidan |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:51 - Oct 31 by C_HealyIsAPleasure |
Ignoring the attempt at humour you’ve unwittingly hit the nail on the head as to why a clause to drop rent would be agreed
Obviously in reality Bournemouth wouldn’t move in, any potential replacement for West Ham would be limited to a very small number of clubs in the area. Realistically that list pretty much starts and ends with Leyton Orient, who wouldn’t be able to pay as much as even the reduced rent, which is hence why West Ham were able to arrange such terms
And regardless of whether they should have been gifted it, it’s a godawful stadium which they’re welcome to |
Remember the bullsh1t we were all fed about how the Olympics was going to galvanise the country, in general, to invest in sporting facilities.
The massive costs were going to be recouped utilising a cost benefit analysis.
Then they gave away the ground, which we had paid for, to West Ham.
I’d like to see them relegated and actually go out of business.
I’m sure not much sympathy from Sheffield United supporters.
West Ham have a track record of cheating. | | | |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 16:43 - Oct 31 with 1012 views | football |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:13 - Oct 31 by BotesdaleBlue |
So do I. Absolutely loath the club and everything associated with them. |
Nothing likeable about the club | | | |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 17:11 - Oct 31 with 870 views | BlueBadger |
Any football(or otherwise) clubs who are using stadia that were built using public money should be obliged to have any and all events taking place there be viewable on terrestrial telly. [Post edited 31 Oct 17:11]
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| We will all gladly pay for West Ham to get relegated I’m sure…? on 17:37 - Oct 31 with 748 views | Churchman |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 16:39 - Oct 31 by Bramidan |
Remember the bullsh1t we were all fed about how the Olympics was going to galvanise the country, in general, to invest in sporting facilities.
The massive costs were going to be recouped utilising a cost benefit analysis.
Then they gave away the ground, which we had paid for, to West Ham.
I’d like to see them relegated and actually go out of business.
I’m sure not much sympathy from Sheffield United supporters.
West Ham have a track record of cheating. |
The Olympics were actually a great success overall. A positive time for the country. The tories never wanted them, anymore than they wanted the 1951 Festival of Britain. It just meant the legacy benefits were drained away with their appalling austerity programme before plunging ins this country into ever more isolationism with ever increasing catastrophic social and economic consequences.
The problem with the Olympics for the bean counters was that you could never exactly quantify what the profit was, whereas you could the cost. But I heard on good authority the benefit to the country economically was considerable.
Most of the infrastructure was repurposed, modified, sold on, already there or temporary. It was done to budget and ahead of time. The one big problem: the stadium.
It was badly designed in that to convert it to anything like a multi purpose facility was impossible without considerable expense. I don’t know who was responsible, but it was the one failure because the post games requirement was obvious 20 years ago. Then they compounded by giving it away to West Ham.
I detest West Ham and most of their appalling supporters even more than I do Norwich who at least have a comedy value to them. Nothing funny about eeest end geeeezers, weeeare west am. Horrible place, mostly ghastly people (my neighbour who died this year is the exception and I suppose and old gf from decades ago).
I was at my mate’s dad’s funeral the other year. Me and chums were standing about as you do. A runty looking bloke with an old fashioned suite, snappy cheap shirt and greasy hair and his sons ambled up (my mates idiot of a son married his daughter). He looked at us and whined ‘oooo dyu support? Chum A looks back and says Leeds, I say Ipswich, B says Charlton, C Arsenal and adds that the deceased and his son were from Newcastle and followed them.
The weasel said ‘but none of them are proper clubs. Not real clubs, just rubbish. Weeere all West Am! Man and boy. There ain’t no uvver clubs’. I immediately trod on my Leeds supporting mate’s foot to stop him and we settled for the death stare. It was a funeral after all and a graveside brawl is never a good thing. They slithered away leaving us stunned. My buddy just said ‘Ankers with a W at the front and agreed there was no answer to the knuckle dragger.
And that’s West Ham. They were awful in the 70s and had more trouble with them going to the Boleyn ground than we did anyone else including Millwall.
I hope they are relegated and go bust. Orient are a much nicer club with decent supporters. They can be the team for that area.
Rant over. |  | | |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 17:51 - Oct 31 with 685 views | RadioOrwell |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 15:00 - Oct 31 by Keno |
Do we know which tax payers and if can we nominate the ones to pay?
If it was up to me Id send the whole bill to Piers Morgan |
Ray Winstone supports them. He's loaded. |  | | |
| We will all gladly pay for West Ham to get relegated I’m sure…? on 18:05 - Oct 31 with 611 views | blueoutlook |
I’d love to see them relegated. Been stuck amongst their supporters for years where I work, and I’m in Suffolk, but there are a ton of them round this area. Would love for them to be brought down a peg or two. |  | | |
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