West Ham: London Taxpayers Could Pay Extra £2.5m if Hammers Relegated
17 Articles
17 Articles
If Tottenham gets a point against Chelsea on Tuesday evening in the Premier League, West Ham United's descent is almost fixed. A scenario that would cost taxpayers millions in London. This is due to the London Stadium lease agreement, where the "Hammers" have been playing their home games since 2016. West Ham has an agreement with the City of London valid for 99 years. In this agreement, the club will only have to pay half of the annual rent of …
West Ham United, currently relegated from the Premier League, is in a hopeless situation and could be relegated from the English top flight on Tuesday.
London's Premier League football club West Ham is on the verge of being relegated to the second division, which will also have consequences for the city's finances.
West Ham relegation could cost taxpayers £2.5m annually - London mayor
West Ham’s potential relegation from the Premier League could cost London taxpayers up to £2.5m annually due to their London Stadium lease agreement. Read More: https://punchng.com/west-ham-relegation-could-cost-taxpayers-2-5m-annually-london-mayor/
West Ham United is about to drop out of the Premier League. This would be a financial disaster not only for the London club, but also for the taxpayer. That's why Boris Johnson made a deal.
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