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West Ham Reportedly Willing To Increase Rent Payments

West Ham could be willing to increase what it pays in rent at London Stadium.GETTY IMAGES

West Ham is "willing to increase" the £2.5M ($3.5M)-per-year rent it pays to play at the London Stadium, but only if it is "handed increased rights and greater control," according to Alex Miller of the London DAILY MAIL. Club officials have signaled "a willingness to listen to proposals" from London Mayor Sadiq Khan, who "took full control of the ground following a report by forensic accountants" exposing how the costs had "spiralled out of control." Club Vice-Chair Karren Brady "is eager to sit down with Khan," but a meeting has not yet been confirmed. While West Ham would reportedly be prepared to increase its rent, there are serious issues to resolve, as club execs believe they "are not seeing the rights in their existing contract delivered." Key to negotiations "is the current stalemate over capacity at the stadium," with West Ham insisting its contract entitles it to use all 60,000 seats, rather than the 57,000 it uses currently -- "with legal action already under way." West Ham would reportedly "be willing to discuss an increase in rent once the stadium capacity issue has been resolved -- and if the club was handed additional stadium control and commercial rights." These "could include the right to sell more advertising hoardings around the pitch," greater control of stadium operations and the opportunity to sell the stadium naming rights, which have not been secured. It is understood club officials "were knocked back when they previously offered to help secure a stadium-naming partner" (DAILY MAIL, 1/20).

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