The financial details surrounding West Ham United’s move to the Olympic Stadium have been released this week and the main talking point is the annual rent the club will pay for the use of the new ground.
West Ham will pay around £2.5 million a year to rent the ground for the 99-year lease agreement.
Whilst many have called into question the Olympic legacy surrounding this stadium move there is no doubt that West Ham have got themselves onto a winner with this move.
That annual rent is pittance when compared to the amount of money West Ham would spend on a single player, let alone their TV revenue.
So there is no wonder former West Ham midfielder Trevor Sinclair was so happy with the news.
He sent out this tweet earlier in the week to highlight his pleasure at the financial details of the agreement:
West Ham, who will be leaving their beloved Boleyn Ground behind, are a team currently on the up and the good fortune off the pitch is being reflected with good performances off of it.
Hopefully West Ham will make good use of their new home.