Comment deleted by Site Moderator
Galv
My nose is perfect, as is my whole appearance.
I'm more of a CD than a record.
This has been taken off the West Ham board
Comment deleted by Site Moderator
Myhammers hasn't been to WHL to know this
Comment deleted by Site Moderator
But will the rent be less than the mortgage payments?
===============
Is it better to put money into a pot and be guaranteed to own something at the end or just throw money down the drain?
http://www.tottenhamhotspur.com/uploadedImages/Shared_Assets/Images/The_Stadium/New_Stadium_Plans/high-street-hoardings2.jpg
This is all along the high road and all around the stadium area
Chicken still hasn't quite grasped the concept of commercial leases.
Even if Tottenham do get a new stadium, it won't have the transport links and iconic status of the OS. And it will take many years to pay for.
West Ham were incredibly lucky to get the OS. We'll have similar-sized stadiums, yet ours will have cost us next-to-nothing. If we had to pay for a stadium like that, it would probably take 100 years.
myhammers
Your commercial lease point is a good one, people throw around the word rent and think it's the same sort of deal as you had on your first one bed flat when you left home.
They then talk about owning rather than renting a penthouse, that is nonsense, as even if you "bought" your penthouse it will be leasehold to the block owner. Awful lazy example.
As for having nothing to show after 100 years, well three points on that.
. You simply negotiate another rental term.
or
2. You move, whether that be another rental or buying with saved money.
and
3. After 100 years what will an owner actually have? I'd guess a stadium that by that time will need knocking down and rebuilding from scratch, with attendant costs.
Comment deleted by Site Moderator
A lot of people have said similar, people don't get the difference between short term renting and leasehold, or leasehold and commercial tenancy.
Commercial tenancy is used by multinational companies who measure thier turnover in billions and has no stigma whatever.
Dramatic: True. The vast majority of flats, penthouse or otherwise, are leasehold and not freehold.
And a lot of banks rent their premises on commercial leases. Just look at Canary Wharf.
The OS is a great deal for West Ham. I'm almost embarrassed at how cheap we're getting it and how much it will cost the taxpayer.
Only bitter Spurs fans are making it seem like it's a bad thing.
Must be embarrassing for those companies renting in The Shard or Canary Wharf. Oh, except it isn't.
Comment deleted by Site Moderator
Galv
Sorry but everyone stopped talking about the content of your original article some hours back.
Someone switch off the broken record. Myspammers has been on repeat for the last couple of years
Comment deleted by Site Moderator
Comment deleted by Site Moderator
myhammers
West Ham were incredibly lucky to get the OS. We'll have similar-sized stadiums, yet ours will have cost us next-to-nothing.
====================
I dont see anything lucky about moving from a football stadium that you own, to share and pay rent on someone elses stadium that isn't even purpose built for the sport that your team play, for nearly 100 years.
It is far better, clearly, to have a stadium that you own, that is purpose built for the sport that you play, and that you have the sole rights to use and have a say in who uses it.
West Ham's "home" is just simply somewhere they have been allowed to play football, a bit like a Sunday league team being allowed to hire pitch 9 over Hackney Marshes.
By all means be happy that you can see your team play in a big stadium but there is simply no comparison between:
A purpose built football stadium that is owned and having total control and full rights over.
And:
A stadium that is built for athletics, your club will be playing second fiddle to athletics, and one that you have to pay to use but will never own.
We'll get funding and sponsors to pay for our shiney new football stadium, whilst you can keep chucking £2m down the drain year on year, paying to hire a football pitch in someone elses stadium.
Everyone's happy...
Sign in if you want to comment
Congratulations Big Sam
Page 5 of 5
posted on 25/9/13
Comment deleted by Site Moderator
posted on 25/9/13
Galv
My nose is perfect, as is my whole appearance.
posted on 25/9/13
I'm more of a CD than a record.
posted on 25/9/13
This has been taken off the West Ham board
posted on 25/9/13
Comment deleted by Site Moderator
posted on 25/9/13
Myhammers hasn't been to WHL to know this
posted on 25/9/13
Comment deleted by Site Moderator
posted on 25/9/13
But will the rent be less than the mortgage payments?
===============
Is it better to put money into a pot and be guaranteed to own something at the end or just throw money down the drain?
posted on 25/9/13
http://www.tottenhamhotspur.com/uploadedImages/Shared_Assets/Images/The_Stadium/New_Stadium_Plans/high-street-hoardings2.jpg
This is all along the high road and all around the stadium area
posted on 25/9/13
Chicken still hasn't quite grasped the concept of commercial leases.
Even if Tottenham do get a new stadium, it won't have the transport links and iconic status of the OS. And it will take many years to pay for.
West Ham were incredibly lucky to get the OS. We'll have similar-sized stadiums, yet ours will have cost us next-to-nothing. If we had to pay for a stadium like that, it would probably take 100 years.
posted on 25/9/13
myhammers
Your commercial lease point is a good one, people throw around the word rent and think it's the same sort of deal as you had on your first one bed flat when you left home.
They then talk about owning rather than renting a penthouse, that is nonsense, as even if you "bought" your penthouse it will be leasehold to the block owner. Awful lazy example.
As for having nothing to show after 100 years, well three points on that.
. You simply negotiate another rental term.
or
2. You move, whether that be another rental or buying with saved money.
and
3. After 100 years what will an owner actually have? I'd guess a stadium that by that time will need knocking down and rebuilding from scratch, with attendant costs.
posted on 25/9/13
Comment deleted by Site Moderator
posted on 25/9/13
A lot of people have said similar, people don't get the difference between short term renting and leasehold, or leasehold and commercial tenancy.
Commercial tenancy is used by multinational companies who measure thier turnover in billions and has no stigma whatever.
posted on 25/9/13
Dramatic: True. The vast majority of flats, penthouse or otherwise, are leasehold and not freehold.
And a lot of banks rent their premises on commercial leases. Just look at Canary Wharf.
The OS is a great deal for West Ham. I'm almost embarrassed at how cheap we're getting it and how much it will cost the taxpayer.
Only bitter Spurs fans are making it seem like it's a bad thing.
posted on 25/9/13
Must be embarrassing for those companies renting in The Shard or Canary Wharf. Oh, except it isn't.
posted on 25/9/13
Comment deleted by Site Moderator
posted on 25/9/13
posted on 25/9/13
Galv
Sorry but everyone stopped talking about the content of your original article some hours back.
posted on 25/9/13
Someone switch off the broken record. Myspammers has been on repeat for the last couple of years
posted on 25/9/13
Comment deleted by Site Moderator
posted on 25/9/13
Comment deleted by Site Moderator
posted on 26/9/13
myhammers
West Ham were incredibly lucky to get the OS. We'll have similar-sized stadiums, yet ours will have cost us next-to-nothing.
====================
I dont see anything lucky about moving from a football stadium that you own, to share and pay rent on someone elses stadium that isn't even purpose built for the sport that your team play, for nearly 100 years.
It is far better, clearly, to have a stadium that you own, that is purpose built for the sport that you play, and that you have the sole rights to use and have a say in who uses it.
West Ham's "home" is just simply somewhere they have been allowed to play football, a bit like a Sunday league team being allowed to hire pitch 9 over Hackney Marshes.
By all means be happy that you can see your team play in a big stadium but there is simply no comparison between:
A purpose built football stadium that is owned and having total control and full rights over.
And:
A stadium that is built for athletics, your club will be playing second fiddle to athletics, and one that you have to pay to use but will never own.
We'll get funding and sponsors to pay for our shiney new football stadium, whilst you can keep chucking £2m down the drain year on year, paying to hire a football pitch in someone elses stadium.
Everyone's happy...
Page 5 of 5