Levy has last laugh on West Ham over Olympic Stadium

[gusrowe]

Interesting

Read the full article at Telegraph

 

[UbeAstard]

You need to subscribe to read....

 

[Archibald&Crooks]

You can't read the full article though, its a subscription site, so you only get a couple of paragraphs

 

[Col_M]

Limited view of that article unless you subscribe.


I'd prefer to wait before declaring us as having the Last laugh. When the Trampoline stadium is deemed a white elephant and Wham get permission to knock it down and have it rebuilt at the tax payers expense with West Ham having to contribute the price of a bar of Twix

 

[davidmatzdorf]

One needs a Telegraph 'premium account' to access this.

 

[guiltyparty]

"The cranes' resale value, which Levy is so careful to protect when it comes to Tottenham’s players, has taken a hit by his decision to paint large Spurs cockerels on them..."

Or, yknow, he could have them painted over afterwards

*mind blown*

 

[Mister Jez]

Here you go....
How Tottenham's Daniel Levy had the last laugh on West Ham over the Olympic Stadium

Tottenham Hotspur's Stadium TV webcam is the most watched construction site in the world with 1.2million viewers a month and there is at least one man who logs on without fail at 6am every morning.

Chairman Daniel Levy is the station’s most regular viewer, checking that work has started at the crack of dawn each day before making his breakfast or reading the latest headlines on West Ham United’s struggles at their new London Stadium.

Levy is leaving nothing to chance over the rebuilding of White Hart Lane and it is little wonder when the cost of seven tower cranes alone exceeded £6m because a lack of supply meant they had to be bought instead of rented.
The resale value, which Levy is so careful to protect when it comes to Tottenham’s players, has taken a hit by his decision to paint large Spurs cockerels on the cranes although the 54-year-old will still probably try to negotiate a profit on them.

On the fourth floor of the old ground’s west stand, Levy may well find it hard not to utter the words ‘I told you so’ when he is joined by West Ham co-chairmen David Sullivan and David Gold, along with vice-chair Karren Brady, in the directors’ lounge for the final derby meeting between the two clubs at either of their traditional homes on Saturday.
Levy was widely derided for, in 2011, proposing that Tottenham would knock down the Olympic Stadium, build a new dedicated football arena on the site and refurbish Crystal Palace as a 25,000-capacity home for athletics. The plan largely clinched the Stratford venue for West Ham.

But five years later, the proposal does not look so crazy even though, despite the 6am starts to check Tottenham’s ‘Stadium TV’, Levy will now be relieved that it never came to fruition.

There was a warning from stadium expert Paul Fletcher that the only way to solve the mounting problems at the London Stadium would be to pull it down and rebuild it following the trouble between West Ham and Chelsea fans.

London mayor Sadiq Khan has ordered an independent inquiry into the conversion bill of the stadium that has risen by another £51million, due in large part to problems regarding the so-called retractable seating that has been installed.

The fact the seats take around 15 days to be manually removed and the same amount of time to be reinstalled means West Ham may not be able to play their first home game of next season until September because of the 2017 World Athletics Championships that take place in August.
Tottenham will not have any such worries when their new White Hart Lane home is complete. While the seats will not need moving, the plan is for a retractable pitch that will potentially allow NFL games to be played on the same weekend as Premier League matches.

As anchor tenants West Ham were only liable for £15m of their conversion costs and are paying £2.5m a year in rent for a stadium that is on course to cost £753m with the rest largely borne by the taxpayer.

In contrast, Deloitte has estimated that the new Tottenham stadium, which is scheduled to open at the start of the 2018-19 season, will be worth £370m in gross value added revenue to London.

While Spurs continue negotiations with a number of companies over a naming rights deal that will be worth upwards of £20m-a-year, West Ham are currently unlikely to find anybody willing to put their name to the London Stadium for around £6m-a-year of which the Hammers would pocket £1m.

Chairman of British Athletics Ed Warner had labelled Tottenham’s plan for Stratford as “woefully inadequate”, while Lord Coe, then chairman of the London Organising Committee of the Olympic Games, threw his support behind West Ham’s bid.
There is a theory inside Spurs that Coe’s stance amounted to an expensive job application for the presidency of the International Association of Athletics Federations.

Vinci, the company responsible for maintaining the London Stadium, have denied suggestions they have already examined the possibility of pulling out of their 25-year contract because of the issues raised since West Ham moved in.

But there have been disagreements over the criticism of the stewarding and West Ham’s apparent reluctance to fund security improvements or the cost of extra policing at games.

The Hammers have provided a handy guide on ‘how not to move into a new stadium’, but Levy will tell you he saw it all coming and his 6am starts ensure nothing escapes his watch on the White Hart Lane rebuild.

 

[gusrowe]

Here you go....
How Tottenham's Daniel Levy had the last laugh on West Ham over the Olympic Stadium

Tottenham Hotspur's Stadium TV webcam is the most watched construction site in the world with 1.2million viewers a month and there is at least one man who logs on without fail at 6am every morning.

Chairman Daniel Levy is the station’s most regular viewer, checking that work has started at the crack of dawn each day before making his breakfast or reading the latest headlines on West Ham United’s struggles at their new London Stadium.

Levy is leaving nothing to chance over the rebuilding of White Hart Lane and it is little wonder when the cost of seven tower cranes alone exceeded £6m because a lack of supply meant they had to be bought instead of rented.
The resale value, which Levy is so careful to protect when it comes to Tottenham’s players, has taken a hit by his decision to paint large Spurs cockerels on the cranes although the 54-year-old will still probably try to negotiate a profit on them.

On the fourth floor of the old ground’s west stand, Levy may well find it hard not to utter the words ‘I told you so’ when he is joined by West Ham co-chairmen David Sullivan and David Gold, along with vice-chair Karren Brady, in the directors’ lounge for the final derby meeting between the two clubs at either of their traditional homes on Saturday.
Levy was widely derided for, in 2011, proposing that Tottenham would knock down the Olympic Stadium, build a new dedicated football arena on the site and refurbish Crystal Palace as a 25,000-capacity home for athletics. The plan largely clinched the Stratford venue for West Ham.

But five years later, the proposal does not look so crazy even though, despite the 6am starts to check Tottenham’s ‘Stadium TV’, Levy will now be relieved that it never came to fruition.

There was a warning from stadium expert Paul Fletcher that the only way to solve the mounting problems at the London Stadium would be to pull it down and rebuild it following the trouble between West Ham and Chelsea fans.

London mayor Sadiq Khan has ordered an independent inquiry into the conversion bill of the stadium that has risen by another £51million, due in large part to problems regarding the so-called retractable seating that has been installed.

The fact the seats take around 15 days to be manually removed and the same amount of time to be reinstalled means West Ham may not be able to play their first home game of next season until September because of the 2017 World Athletics Championships that take place in August.
Tottenham will not have any such worries when their new White Hart Lane home is complete. While the seats will not need moving, the plan is for a retractable pitch that will potentially allow NFL games to be played on the same weekend as Premier League matches.

As anchor tenants West Ham were only liable for £15m of their conversion costs and are paying £2.5m a year in rent for a stadium that is on course to cost £753m with the rest largely borne by the taxpayer.

In contrast, Deloitte has estimated that the new Tottenham stadium, which is scheduled to open at the start of the 2018-19 season, will be worth £370m in gross value added revenue to London.

While Spurs continue negotiations with a number of companies over a naming rights deal that will be worth upwards of £20m-a-year, West Ham are currently unlikely to find anybody willing to put their name to the London Stadium for around £6m-a-year of which the Hammers would pocket £1m.

Chairman of British Athletics Ed Warner had labelled Tottenham’s plan for Stratford as “woefully inadequate”, while Lord Coe, then chairman of the London Organising Committee of the Olympic Games, threw his support behind West Ham’s bid.
There is a theory inside Spurs that Coe’s stance amounted to an expensive job application for the presidency of the International Association of Athletics Federations.

Vinci, the company responsible for maintaining the London Stadium, have denied suggestions they have already examined the possibility of pulling out of their 25-year contract because of the issues raised since West Ham moved in.

But there have been disagreements over the criticism of the stewarding and West Ham’s apparent reluctance to fund security improvements or the cost of extra policing at games.

The Hammers have provided a handy guide on ‘how not to move into a new stadium’, but Levy will tell you he saw it all coming and his 6am starts ensure nothing escapes his watch on the White Hart Lane rebuild.

Thanks for doing this.I thought readers could view one article for free. My apologies.

 

[Gb160]

Be in no doubt, we are part of the most successful stadium migration in history.

 

[Mister Jez]

Thanks for doing this.I thought readers could view one article for free. My apologies.

No apologies needed, we are all interested in the same things, it's only fair to share..

 

[Rocksuperstar]

So, hands up everyone who went straight to the webcam to have a look at the progress?

Nice article, while it doesn't bring any more info than we already had to the table, it's always nice to read about the Brady Bunch stepping on rake after rake.

 

[WorcesterTHFC]

Here you go....
How Tottenham's Daniel Levy had the last laugh on West Ham over the Olympic Stadium

Tottenham Hotspur's Stadium TV webcam is the most watched construction site in the world with 1.2million viewers a month and there is at least one man who logs on without fail at 6am every morning.

Chairman Daniel Levy is the station’s most regular viewer, checking that work has started at the crack of dawn each day before making his breakfast or reading the latest headlines on West Ham United’s struggles at their new London Stadium.

Levy is leaving nothing to chance over the rebuilding of White Hart Lane and it is little wonder when the cost of seven tower cranes alone exceeded £6m because a lack of supply meant they had to be bought instead of rented.
The resale value, which Levy is so careful to protect when it comes to Tottenham’s players, has taken a hit by his decision to paint large Spurs cockerels on the cranes although the 54-year-old will still probably try to negotiate a profit on them.

On the fourth floor of the old ground’s west stand, Levy may well find it hard not to utter the words ‘I told you so’ when he is joined by West Ham co-chairmen David Sullivan and David Gold, along with vice-chair Karren Brady, in the directors’ lounge for the final derby meeting between the two clubs at either of their traditional homes on Saturday.
Levy was widely derided for, in 2011, proposing that Tottenham would knock down the Olympic Stadium, build a new dedicated football arena on the site and refurbish Crystal Palace as a 25,000-capacity home for athletics. The plan largely clinched the Stratford venue for West Ham.

But five years later, the proposal does not look so crazy even though, despite the 6am starts to check Tottenham’s ‘Stadium TV’, Levy will now be relieved that it never came to fruition.

There was a warning from stadium expert Paul Fletcher that the only way to solve the mounting problems at the London Stadium would be to pull it down and rebuild it following the trouble between West Ham and Chelsea fans.

London mayor Sadiq Khan has ordered an independent inquiry into the conversion bill of the stadium that has risen by another £51million, due in large part to problems regarding the so-called retractable seating that has been installed.

The fact the seats take around 15 days to be manually removed and the same amount of time to be reinstalled means West Ham may not be able to play their first home game of next season until September because of the 2017 World Athletics Championships that take place in August.
Tottenham will not have any such worries when their new White Hart Lane home is complete. While the seats will not need moving, the plan is for a retractable pitch that will potentially allow NFL games to be played on the same weekend as Premier League matches.

As anchor tenants West Ham were only liable for £15m of their conversion costs and are paying £2.5m a year in rent for a stadium that is on course to cost £753m with the rest largely borne by the taxpayer.

In contrast, Deloitte has estimated that the new Tottenham stadium, which is scheduled to open at the start of the 2018-19 season, will be worth £370m in gross value added revenue to London.

While Spurs continue negotiations with a number of companies over a naming rights deal that will be worth upwards of £20m-a-year, West Ham are currently unlikely to find anybody willing to put their name to the London Stadium for around £6m-a-year of which the Hammers would pocket £1m.

Chairman of British Athletics Ed Warner had labelled Tottenham’s plan for Stratford as “woefully inadequate”, while Lord Coe, then chairman of the London Organising Committee of the Olympic Games, threw his support behind West Ham’s bid.
There is a theory inside Spurs that Coe’s stance amounted to an expensive job application for the presidency of the International Association of Athletics Federations.

Vinci, the company responsible for maintaining the London Stadium, have denied suggestions they have already examined the possibility of pulling out of their 25-year contract because of the issues raised since West Ham moved in.

But there have been disagreements over the criticism of the stewarding and West Ham’s apparent reluctance to fund security improvements or the cost of extra policing at games.

The Hammers have provided a handy guide on ‘how not to move into a new stadium’, but Levy will tell you he saw it all coming and his 6am starts ensure nothing escapes his watch on the White Hart Lane rebuild.

I think if I had such a responsibility for the punctual completion of this project, I'd be the most frequent viewer of the online feed.

 

[Col_M]

What is the £370m in gross value added value all about? The sentence doesn't make sense.

 

[Led's Zeppelin]

What is the £370m in gross value added value all about? The sentence doesn't make sense.

I think it's saying that whereas the Olympic Stadium is costing the taxpayer a lot of money, the new WHL, being privately financed, will bring in £370m benefit to London, (over and above its effect on Spurs) presumably in extra visitors to the area and the like.

 

[Archibald&Crooks]

What is the £370m in gross value added value all about? The sentence doesn't make sense.

I think it refers to the new stadiums 'worth' to London rather than just Spurs......What with additional support both home and away, NFL games, other projects.......Jobs, Miami Dolphins fans coming over.........that kind of thing..........I could be very wrong though

 

[npearl4spurs]

The article said this:

Tottenham Hotspur's Stadium TV webcam is the most watched construction site in the world with 1.2million viewers a month and there is at least one man who logs on without fail at 6am every morning.

Chairman Daniel Levy is the station’s most regular viewer, checking that work has started at the crack of dawn each day before making his breakfast or reading the latest headlines on West Ham United’s struggles at their new London Stadium.

But we all know this was the original:

Chairman Daniel Levy is the station’s most regular viewer, getting his regular wank to the feed at the crack of dawn each day

 

[whitesocks]

There are lessons to be learnt here all the same.
If you do anything non-standard then there is a high risk of over-run, escalating cost and it not really working.
And for all the expert advice you get - and managing risk is arguably the project manager's highest responsibility - the message doesn't always seem to get across.

 

[Gaz_Gammon]

The main point so well put in the Guardian some weeks ago is that West Ham should never have brought an athletic stadium in the first place, and this was made Chrystal clear to them in the first place by many experts in sport Worldwide. The chickens have now come home to roost, and though they have a cheap stadium rent wise they really only have players as assets.

Levy has put up with a great deal of flack over the OS bid, but at least had he won he would have flattened the God forsaken place and built a football stadium.

Gold, Sullivan and Brady just looked at the price tag and fuck all else.

 

[Led's Zeppelin]

@shelfmonkey , what don't you like about my post above?

 

[greaves]

@shelfmonkey , what don't you like about my post above?

Sarcasm.
Irony.
Subtext of racism.
But possibly fat finger....
I liked it.