Sadiq Khan Encourages London Stadium Sale
At the beginning of this international break, Sadiq Khan has spoken out to the world and has invited proposals for the London Stadium as he seeks to offload the venue and save millions per year. A deal that was initially sanctioned by Boris Johnson, which is now costing the public around £19m per year, and the London Mayor is encouraging buyers to come forward, and he emphasises that he “would consider any credible proposal”.
Now, of course, the definition of ‘credible’ raises an eyebrow, given that a consortium not involved with West Ham previously made an offer for the London Stadium, and it was noted that the offer was significant but still rejected.
Khan also mentioned that the offer received to purchase the stadium outright has to “offer value for taxpayers, protect the public interest and preserve the wider economic, social and sporting benefits the venue delivers for London.” - Essentially, given the number of ‘tick-boxes’, it has to be West Ham who purchase the stadium otherwise, it’ll be near-impossible to fulfil the criteria.
It is also important to note that since Daniel Kretinsky has increased his stake in West Ham United, the relationship between Sadiq Khan and the club has grown massively, but he refused to comment on how constructive the growth has been, acknowledging that it is important, but nothing further.
The Hammers currently pay around £2m a year to be at the London Stadium, but that, of course, prevents the club from making any changes, including deciding which staff are selected for the matchday, as well as preventing the club from changing the rules about what you can and can’t bring into a stadium…there are far too many more aspects to mention.
With time, let’s hope that this new and ‘improved’ relationship can prosper into a sale being made. Daniel Kretinsky has a tendency to boost the value of ‘failing’ industries…






