Categorized | ClaretandHugh

London Stadium owner losses reach £257m

The owners of the London Stadium, E2o have published their accounts year ending March 2019 which continue to show massive financial losses. E20 reported London Stadium income of just £5.7m of which they say £5.4m came from Operator London Stadium 185 of which £2.7m of that came from West Ham directly in rent company accounts reveal. Cost of sales for the stadium was recorded at £17.3m and the annual loss for the year was recorded at £27m or £34m for the group when financing factors were included. Accumulated losses for E20 have reached £257m.

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