Former West Ham player Alan Dickie has suggested it would have been better for his old team to own their next ground rather than rent it.
West Ham are due to move to the Olympic Stadium at Stratford at the end of next season which is a very positive move for the club and one which will put cash back into the pockets of fans.
However, Dickie says he would prefer West Ham to have moved into a new ground they completely own rather than just possessing control of the lease.
“I have followed Coventry’s move last year so always think it’s better to own than lease but I am sure the management has taken all avenues into consideration and will make it a success,” he said.
The advantage of West Ham completely owning a ground is that they can do what they like in agreement with the club’s board with regards to various plans and developments for the good of the football club.
The Olympic Stadium is part of the Olympic Legacy and while the club has done well to secure the rights to move into the venue, they are restricted in terms of how they can develop in and around the stadium in the future.
West Ham are in a great position regardless of those restrictions and building a new stadium for the club to own would have accumulated some heavy costs.
Part of that debt would be placed onto the club’s fans in terms of higher ticket prices and higher corporate prices but a leasehold, worth £2 million per year according to the Daily Telegraph, removes that impact for supporters and allows more cash to be spent on the team.