London taxpayers are footing a £19 million annual bill thanks to a 99-year stadium deal with West Ham — a contract signed in 2013 that locks the city into steep financial losses. Mayor Sadiq Khan blames his predecessor for not securing better terms, while rent cuts since West Ham’s relegation and fewer concerts have deepened the shortfall. Stadium boss Lyn Garner admits she’d never have signed it — calling it a windfall for the club but a headache for the city. To offset losses, officials are pushing for more non-football events, a more intimate fan experience, and revenue from surrounding land — and hope to land naming rights once West Ham returns to the Premier League.
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