The looming collapse of English football club West Ham United from the Premier League to the second English league Championship could prove to be expensive for taxpayers. The reason lies in the lease contract for the London stadium where Hammers play home games since 2016. We need your consent to insert social media and third-party content.
West Ham has a 99-year contract with the London city. This stipulates that in the event of a collapse, the club must pay only half of the annual rent of about £5 million (£4.4 million). Other commercial revenues from the stadium could also be reduced.
Premier League. West Ham is currently in 18th place in the Premier League standings, which does not promise progress. According to the London
English text: The looming collapse of English football club West Ham United from the Premier League to the second English league Championship could prove to be expensive for taxpayers.
The reason lies in the lease contract for the London stadium where Hammers play home games since 2016. We need your consent to insert social media and third-party content. West Ham has a 99-year contract with the London city.
This stipulates that in the event of a collapse, the club must pay only half of the annual rent of about £5 million (£4.4 million). Other commercial revenues from the stadium could also be reduced. Premier League.
West Ham is currently in 18th place in the Premier League standings, which does not promise progress. According to the London
Topics: #west #ham #taxpayers
