Former 68,000-capacity Premier League stadium is now effectively ‘worth zero’ after ‘disastrous’ deal

The 68,000-capacity London Stadium is effectively "worth zero" according to a senior West Ham United source cited by Hammers News. Although London mayor Sadiq Khan indicated City Hall would consider selling the venue if a credible bid were made, West Ham would reportedly refuse to make a significant offer due to the heavy financial burdens tied to the venue.

Purchasing the stadium would require any owner to absorb annual losses of around £20 million alongside future capital expenses and an agreement with UK Athletics. West Ham currently hold a 99-year lease with rent dropping between £2m and £2.5m following their relegation to the Championship, with no landlord break clause included.