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West Ham stadium dream faces £19m reality check as Khan opens door

West Ham buying London Stadium has an obvious appeal: greater control over the place supporters call home, with the possibility of making it work better for football. Sadiq Khan’s willingness to consider a proposal has revived that discussion. Yet the…

Published: Wednesday, 30 September 2026 at 6:56 PM
West Ham stadium dream faces £19m reality check as Khan opens door
Key Things to Know
  • West Ham's hopes of buying the London Stadium face scrutiny over the venue's projected £19 million operating loss.
  • London Mayor Sadiq Khan has stated he is open to a credible proposal that offers taxpayer value.
  • City AM reports West Ham currently pay a little over £2 million annually under their concession agreement.
The Story in 60 Seconds

London Mayor Sadiq Khan has expressed willingness to consider a proposal from West Ham United to purchase the London Stadium. However, writer James Chettle highlights significant financial hurdles, notably an expected operating loss of approximately £19 million for the venue during the 2025/26 accounts according to stadium chair Lyn Garner.

Chettle argues that West Ham currently benefits from paying just over £2 million annually under their long-term concession. Taking full ownership would introduce heavy ongoing maintenance costs, event management responsibilities, and complications with UK Athletics' existing 50-year agreement.

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