Originally Posted by Jim De Ville:
“Please don't patronise me with analogies. I know what a tenancy is, and that's what they've got. You may not think that the terms are fair, but that's how it is.”
No need to be so aggressive on the forum, it was just an aid to explanation that's all
we are all friends here
Technically they are paying rent, but not in any sense that a regular person would understand. They were in effect gifted the stadium for 100 years, on the proviso they pay around 1 million a year.
It gave a private business a huge boost, this is why we will see other provincial towns and cities in the UK bidding for events to try and get a football stadium at a vastly reduced cost.
Look out for Sheffield, Liverpool or Bristol bidding for athletics tournaments in the future to try and do what city and west ham have done.