Lord God Jose Mourinho wrote:
Was Citeh's deal to take offer the Commonwealth Stadium as good as West Ham's deal to take over the Olympic Stadium?
Two million a year rent plus fifteen million quid to cover conversion costs when the cost for adapting the stadium is nearly 200 million?
City's deal was fairly similar. I suspect that they've used it as the model for the West Ham deal. The main difference appears to be that City initially paid rent on a sliding scale with the Council taking 50% of the gate money in excess of 34,000 (the old Maine Rd capacity). But it worked out at about £2m pa. Its now been increased to a fixed £3m pa.
And of course the conversion costs were about a fifth of those for the Olympic Stadium, COMS being a smaller stadium and was designed to be converted into a football stadium without a running track.