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Londoners face £2.5m bill as West Ham relegated

Londoners face £2.5m bill as West Ham relegated


Londoners will be hit with a £2.5million bill as Western Ham were relegated from Premier League on Sunday.

The Hammers were in relegation with Tottenham, but while the east London side managed a huge 3-0 win over Leeds, Spurs also triumphed 1-0 over Everton, putting them two points clear of their bottom-of-the-table rivals.

These results mean West Ham have joined Wolves and Burnley in the bottom three of the Premier League on 39 points to Spurs’ 41 points. and will move down to the Championship next season.

THE Greater London Authority (GLA) covers the operating bill for the London Stadium – and its costs will now increase.

Under the 99-year deal signed by former London mayor Boris Johnson, West Ham pays £4.4m a year in rent, leaving the GLA to pick up the bill for stewardship and other costs associated with the stadium.

West Ham fans watch Premier League match against Leeds United (Getty)

West Ham fans watch Premier League match against Leeds United (Getty)

The London taxpayer already subsidizes the operation of the stadium, despite efforts to attract other uses, such as baseball and music concerts.

The rent bill is set to be halved next season, now West Ham will play in the lower league.

Commercial income from the former Olympic Stadium is also expected to decline, while the GLA will face higher administration costs, as there will be 23 home games in the Championship compared to 19 in the Premier League.

The Mayor of London has criticized his predecessor for striking “the worst deal imaginable”, which has hit Londoners with huge consequences. Invoice.

Before the final game of the season, he told the Standard: “The former mayor, Boris Johnson, made the worst deal imaginable.

“As far as West Ham are concerned, this is a deal of the century where he basically gave them free rent, this incredible stadium for 100 years.

“Now, if West Ham are relegated, we, the taxpayers, we the town hall, could lose up to €2.5 million a year.

“So what I say to Londoners who don’t support Spurs is that you should probably support West Ham because the taxpayer will lose out if West Ham go down.”

Sources

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2/ https://ca.news.yahoo.com/londoners-hit-2-5million-bill-171314490.html

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