Topic
LondonStadium
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WorldLondon Stadium seeks 24 concert days a year to cut £19m losses
London Stadium plans to apply to Newham Council this month to increase annual concert days from 10 to 24 and reduce sport events from 87 to 70. The move aims to reduce its £19m annual operating loss, with no impact on West Ham United fixtures.
5 min readTrust 64 · Craft 95 · Hype 30
WorldLondon Stadium deal costs £19m annually
The London Stadium is incurring an annual operating loss of approximately £19 million for City Hall. This financial strain is largely attributed to a long-term agreement with West Ham United signed in 2013, which has no break clause for the Greater London Authority.
4 min readTrust 42 · Craft 55 · Hype 55