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West Ham win legal battle with London Stadium landlords over disputed payment
West Ham United have won a legal battle with their landlords at the London Stadium over a disputed payment linked to Czech billionaire Daniel Kretinsky’s 2021 purchase of a 27 per cent stake in the Premier League club. Under the terms of the 2013 rental agreement for the former Olympic venue between WH Holding Ltd, the club’s parent company, and E20 Stadium LLP, a subsidiary of the publicly-funded London Legacy Development Corporation (LLDC), West Ham’s owners had to pay E20 a share of any profit they made on selling shares in the club for 10 years. The amount they would have to pay was...
West Ham United have won a legal battle with their landlords at the London Stadium over a disputed payment linked to Czech billionaire Daniel Kretinsky’s 2021 purchase of a 27 per cent stake in the Premier League club.
Under the terms of the 2013 rental agreement for the former Olympic venue between WH Holding Ltd, the club’s parent company, and E20 Stadium LLP, a subsidiary of the publicly-funded London Legacy Development Corporation (LLDC), West Ham’s owners had to pay E20 a share of any profit they made on selling shares in the club for 10 years.
The amount they would have to pay was...
