West Ham set for sizeable pay-out to London Stadium landlords - report
West Ham will need to fork over £70,000 to London Stadium owners E20 Stadium Limited should they finish in seventh place in the Premier League, according to Claret & Hugh.
As things stand, they sit five points ahead of Europa League pushers Wolves in seventh and only three points off Manchester United in sixth with two games left to play.
If David Moyes’ side were to overtake the Red Devils – a £200,000 fee would have to be paid to their landlords.
If West Ham had won the Europa League, another £100,000 would have been added to their Premier League finish fee which is a small price to pay considering the estimated £38m in revenue the Hammers earned in the Europa League this season.
If the Irons dropped down into the UEFA Europa Conference League places before the end of the season they will have no European bonus to pay next year because the competition didn’t exist in 2013 – when the stadium contract was signed.
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The more successful West Ham are, the more they will have to pay out – that is just how the game goes.
It does make some sense with the Hammers receiving so, so much money from their Europa League campaign as well as an impressive league finish but it does feel as if they are a victim of their own success in some ways.
It is very hard to argue with this because with them playing more games at home as they went further into the competition, E20 Stadium Limited will naturally want more money.
The best thing about it is the Irons can afford it. The last few seasons have seen them reap the rewards financially after being hugely successful on the pitch.
Once all of these debts are cleared, a big chunk of the money should be handed straight to Moyes to use in the summer.
If the Hammers want to continue on this upward trajectory, they must strengthen the squad and build on the momentum – that is vital.
In other West Ham news, Richard Keys claims that West Ham are willing to sell one of their stars to a Premier League giant under one condition.
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