West Ham legal disputes with London Stadium owners has cost taxpayers £4million

first_img RANKED Which teams do the best on Boxing Day in the Premier League era? Every time Ally McCoist lost it on air in 2019, including funny XI reactions West Ham have been embroiled in various wrangles with their landlords since they moved into the former Olympic Stadium in 2016, involving issues ranging from capacity and stewarding to the sale of draught beer and the colour of the carpet which surrounds the pitch.Gerry Murphy, the LLDC’s executive director of financial, commercial and corporate services, also reiterated that West Ham’s rent does not even cover the cost of staging their own matches, claiming the taxpayer stumps up around £111,000 per match after income is taken into consideration.However, West Ham’s rent has actually risen from the £2.59m quoted by Murphy to £3m per year, and the club have long since maintained the match-day cost figure does not take into account that increase as well as catering revenue and commercial opportunities.Nevertheless the stadium’s “dire financial performance”, according to the London Assembly, remains under scrutiny. BEST OF “The two sides have spent a fortune on legal bills and now they need to wake up to the fact that Londoners expect and deserve value for money.“We urge them to reset their relationship for the sake of Londoners and realise instead the potential of a fantastic Olympic legacy project.”West Ham vice-chairman Karren Brady is due to appear before the committee on October 17. West Ham agreed the tenancy agreement with the LLDC in 2013 under previous London mayor Boris Johnson’s administration, and last year current mayor Sadiq Khan announced he was taking control of the stadium after a report established it was losing about £20m a year.After the meeting Assembly member Caroline Pidgeon tweeted: “The more I hear about the Olympic Stadium contract with West Ham the more frustrated I get.“Boris’ team signed this off and currently we are told each match day costs the taxpayer around £250k in subsidy…… unbelievable.“The only winners are the lawyers in the disputes between West Ham and the LLDC re Olympic stadium use. £4m in legal fees with West Ham in last 3 years. You couldn’t make this up!”In a statement Len Duvall, deputy chair of the budget and performance committee, said: “It’s about time the London Legacy Development Corporation and West Ham put aside their squabbles and sort out their relationship. Ronaldo warned Lukaku how hard scoring goals in Serie A would be before Inter move silverware MONEY Forbes list reveals how much Mayweather, Ronaldo and Messi earned this decade REVEALED The London Stadium has been West Ham’s home since 2016 England’s most successful clubs of the past decade, according to trophies won Every Championship club’s best signing of the decade, including Taarabt and Dack The ground has been met with a lot of negativity by many Hammers fans The owners of West Ham’s London Stadium have spent around £4million of taxpayers’ money over the last three years due to legal disputes with the club, it has been revealed.Lyn Garner, the new London Legacy Development Corporation chief executive, disclosed the figure when facing the London Assembly’s Budget and Performance Committee. ADVICE REVEALED Top nine Premier League free transfers of the decade Where Ancelotti ranks with every Premier League boss for trophies won 2 impact Latest Football News 2last_img read more

Challenge Accepted: OHSU Seeks $500 Million to Match Cancer Research Pledge

first_imgLet the fundraising begin! At a press briefing today, Oregon Health & Science University (OHSU) officials announced their intent to raise $500 million for cancer research over the next 2 years in order to earn an equivalent matching grant. The $500 million challenge was offered last Friday in a surprise move by philanthropists Phil and Penny Knight.  The $1 billion campaign “is a transformational moment” for the university and the war on cancer, says OHSU President Joe Robertson.The Knights had previously donated $100 million to create a cancer research institute at OHSU, headed by Brian Druker, who led the development of the cancer drug Gleevec. Their latest pledge came after Druker recently lobbied the couple for another $1 billion to take insights from Gleevec, as well as other so-called molecularly targeted therapies, and develop better early detection tools for tumors. Calling current cancer detection methods “relatively crude technologies,” Druker says “we have to do better.”OHSU officials didn’t offer specifics for how they plan to spend the potential $1 billion, although Druker says he envisions hiring about 20 elite scientists and giving them enough funding to take risks, a strategy he compared to what the Howard Hughes Medical Institute does. “We’re trying to release investigators from our current constraints of grant-writing,” he says.Sign up for our daily newsletterGet more great content like this delivered right to you!Country *AfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D’IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and Mcdonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People’s Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People’s Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, The Former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinianPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRWANDASaint Barthélemy Saint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofVietnamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabweI also wish to receive emails from AAAS/Science and Science advertisers, including information on products, services and special offers which may include but are not limited to news, careers information & upcoming events.Required fields are included by an asterisk(*)Phil Knight was a co-founder of athletic shoe giant Nike and is now a prominent funder of academia. In 2006, he gave Stanford University’s business school what was, at that time, the largest donation in its history, $105 million.last_img read more