Well, come 2016, a new owner can probably buy the s for 50m and then start from there.

I was going to put :

and inject money to buy a whole new squad, but I remembered 2016 will be year 2-3 of the PL/UEFA FFP edicts.

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If you're buying car insurance you tell A (who you want to go with) that B has given you a better price, knowing that A is the one you want to go with because insurance company B isn;t your option

®åρtor

Whilst us fans werent happy about it, I dont think we can deny that Levy bid for the OS. But it wasn't to rent it as a shared athletics stadium, it was to convert it to a stadium solely for football purposes - and own it.

None of this sharing malarkey. None of this renting malarkey. None of this playing second fiddle to a second rate sport malarkey. No need for any retractable seating malarkey.

Levy knew we wouldn't get the OS, it was a ploy and a clever one at that

"it was to convert it to a stadium solely for football purposes - and own it."

Wasn't AEG a bid partner with ENIC ??
I remember talk of rather than just building the stadium to NDP spec, they were looking at things for entertainment events. Such as :

- stadium redesign to maintain the football spectator experience, but also to improve acoustics/viewing for music events

- full pitch retraction from the stadium (as some NFL stadia can do)

As for the OS , well at £2m a year rent and with arguably the best transport links of any football stadium it's a great deal.

The only possible issue are the sight lines and distance from the pitch. The plans showing the results the rebuild will have look very good on this score, with the fully retractable seating and one side as a solid bank of seats. Of course these are only the plans, so I will wait and see as to whether it all works out; however if Spurs fans wish to believe it will be terrible as this stage......well congratulations on their new found ability to look in to the future.

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ThuddFox

Levy knew we wouldn't get the OS, it was a ploy and a clever one at that

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That is also possibly true. However, i'm just trying to point out to myhammers that Spurs (thats us fans or the board) never wanted, or would want, the OS on the terms that West Ham sold their soul for.

I cant argue that Levy entered the bidding (for whatever reasons, we dont actually know) but we cannot be bitter over an agreement that we, as a club, would never have ever considered in a million years - let alone 99 years.

Spurs wouldnt rent or play second fiddle to anyone in our home stadium.

......well congratulations on their new found ability to look in to the future.

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I think myhammers has gone back to the future, as he seems to be of the impression that West Ham are selling out at the OS every week, and have been all season.

comment by Dramatically done (U15661)
posted 16 minutes ago
"not even considering Leyton Orient"

No idea why West Ham should, football is a business after all. Also moving 3 miles is hardly abandoning the local community.

Oh and Spurs are the people's champions are they? Offshore-owned Spurs, got £27m of public grants last year, while spending their £86m Gareth Bale money on new talent. Spurs said in 2011 that committing to their new stadium project without "the correct level of public support" would be "wholly irresponsible".

And look Haringey councillors, agreed to let Spurs drop its £16m legal commitment to fund social housing, schools and transport, due to "challenging market conditions". Spurs said the £16m burden on the club had made the whole scheme "not viable"; councillors agreed to take £477,000 instead.

So don't try and take the moral high ground.

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Nice try but utter bollox as usual.

Spurs are investing £450m of their own money into a new stadium, new retail, offices, residential & other employment opportunities.

The planning system is made to extract as much money as possible from developments, for infrastructure but the key issue here is the regeneration effects of Spurs massive investment.

Spurs pay huge sums of Business Rates etc which go to Haringey. They run all sorts of community programmes and make a huge contribution to the area.

Viability is THE key issue in development and Councils are willing and able to negotiate to ensure developments are delivered. This includes waiving contributions (or part of) towards affordable housing, Education, Health etc where justified. In many instances this is just when houses are being built, with the only benefit being extra housing supply, In Spurs instance the benefits of the development are massive economically for the whole region AND the ability to retain Spurs is massive.

Spurs are justified in making a valid viability argument is securing relaxation of planning obligations to ensure a deliverable scheme and it is also right that they should not be in this regeneration of the area alone....some financial backing from the Local Council & the GLA (effectively about 3.5%) is only right.

Making pathetic comment on Spurs transfer budget (a net spend of minus £31m in the last 3 years BTW) totally misses the point. It would be like saying "well if WHU could only pay a pathetic £2m rent pa on the OS perhaps they should not spend anything on transfers and promote youth players and be able to afford a true market rent".

"I cant argue that Levy entered the bidding (for whatever reasons, we dont actually know)"

Oh I can think of at least 150-200m money reasons + some time reasons why THFC entered the bidding.

Edin

Of course Spurs pay rates to the local council, that does not detract from the point that you initially offered £16m to the community as part of the deal and it's now less than £500k, dress it up how you like, but that's a fact.

I am not 'dressing it up' I speak from a position of knowledge.

Spurs are not a charity.

They have the right to renegotiate on S.106 agreements and if the Council and the GLA agree to it then they have a valid case.

The very fact the GLA and Haringey agreed to it demonstrates that Spurs' argument - that the burden of contributions is too great considering the wider community benefits being created by this massive private investment - was valid and acceptable.

N17 with a new stadium = regeneration, new jobs, attracting new investment, new opportunities in a deprived area.

N17 with WHL = no change. Deprived, unattractive sh1thole

N17 without THFC = downward spiralling black hole of deprivation.

Anyone that's walked up the High Road won't disagree with you Devon

Anyone that's walked up the High Road won't disagree with you Devon

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safety in numbers

We're investing in the community and offering jobs by opening Sainsburys, the local college ect

Devon (oh & btw sorry for calling you Edin earlier)

Of course Spurs are not a charity and I've no problem with their actions in reducing the amount they are paying to the community. It does however put the lie in the mock outrage some Spurs fans have about West Ham in some way letting down their local community.

Also remember the West Ham will be moving within the same borough, so no lose of rates to Newham. As for businesses around the Boleyn, I think the only ones it will affect are the pubs. A lot of those pubs are frankly crapholes which only exist because football fans aren't that fussy so hardly a great loss.

Oh and "Nathans Pie n Mash" will suffer and that is a shame. Hope the club can offer them some kind of outlet in the Olympic Park.

It does however put the lie in the mock outrage some Spurs fans have about West Ham in some way letting down their local community.

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I think you'll find this only cropped up after myhammers was spouting his usual rubbish about Spurs fans deserting their roots, following the bid by Levy to take the OS, knock it down, and make it into stadium solely for football purposes - so dont blame it on Spurs fans.

I think you'll find this only cropped up after myhammers was spouting his usual rubbish about Spurs fans deserting their roots,

Just wumming

Where there's myhammers, there's a stadium debate from the future, eh?

Chicken

Inclined to agree with you for once. As I said earlier the plans make it look like the issues with the OS originally being designed for athletics have been solved, but nobody will know for sure until the work is completed.