Mar 21, 2013, 5:12 PM EDT
A white elephant is an idiom for a valuable but burdensome possession of which its owner cannot dispose and whose cost (particularly cost of upkeep) is out of proportion to its usefulness or worth.
The most common form of white elephants these days is Olympic and World Cup Stadiums and the planet is full of them. From Athens to Beijing to Cape Town and for a brief moment London. Empty, unused and unloved venues sit and rot while costing the unsuspecting tax payer millions every year in maintenance costs.
I mention London because today West Ham United signed a 99-year lease that will see them become the major tenants of one of London’s most iconic images, the Olympic Stadium in the East End.
The Hammers have beaten out Tottenham and for the time being, tiny Leyton Orient, although O’s chairman, Barry Hearn may have one final say in the matter and will leave their longtime home of Upton Park (1905).
The clubs attendance has the chance to sky-rocket from the current 35,000 to 60,000 depending on the configuration of the venue that must still maintain a running track. The conversion will supposedly allow football and athletics to co-exist peacefully. The cost is rumored to be around $250 million which, surprise, surprise, the tax payer will probably be on the hook for.
The whole project stinks though and in my opinion is nothing more than a boondoggle. When the idea of the Olympic Stadium was first floated, ground sharing with a football team was put forward as a logical solution for the stadium post-Olympics but was shot down by the Athletic crowd.
A lot of money would’ve been saved if a handful of people weren’t completely stuck up inside their own importance.
I wish West Ham the best of luck although getting a state-of-the-art stadium for next to peanuts looks like they’ve already had a fair portion.
Jul 24, 2014, 12:47 PM EDT
What about the Premier League? Bundesliga? Serie A?
Jul 24, 2014, 12:15 PM EDT
Goran Milanovic is hoping the former American prodigy chooses to revitalize his career with FK Jagodina in the Serbian top flight.
Jul 24, 2014, 12:00 PM EDT
One of the best stories is United States men’s soccer history is about to move past the “playing career” chapter.
Jul 24, 2014, 11:47 AM EDT
How big of a deal is the Chelsea legend signing for New York City FC? It’s up there.
Jul 24, 2014, 11:14 AM EDT
Lampard: “I want to test myself, carry on challenging myself, I want to be that leader and that person on and off the pitch that can make things happen for this club.”
Jul 24, 2014, 10:51 AM EDT
The 36-year-old becomes New York City FC’s fourth player.
Jul 24, 2014, 10:25 AM EDT
The Manchester United boss proves that even Premier League training sessions sometimes echo your experiences on a youth travel team.
Jul 24, 2014, 10:09 AM EDT
The Reds striker spends some time with the NBCSN broadcast crew during Liverpool and AS Roma’s ‘Football at Fenway’
Jul 24, 2014, 9:29 AM EDT
The Ecuadorian star winger, 24, joins Gylfi Sigurdsson and Bafetimbi Gomis as players to beef up Garry Monk’s attack
Sporting Club announces plans for $75 million “soccer village” for US Soccer National Training Center
Jul 24, 2014, 9:01 AM EDT
Well, this sounds nice…
Jul 24, 2014, 8:23 AM EDT
The growing mess in Israel carried over onto the soccer fields of Austria, where Maccabi Haifa played a preseason friendly against Lille.
Jul 24, 2014, 7:45 AM EDT
Almost 90,000 fans in Los Angeles watched Manchester United put an old-fashioned punking on their hosts. And then both sides reacted.
Jul 23, 2014, 11:27 PM EDT
Surely one of these clubs enjoyed the sweeter side of this deal and here we set out to see who it was.
Jul 23, 2014, 10:40 PM EDT
Despite starting only 12 Premier League matches last year, James Milner has decided to remain at Manchester City and fight for his place.
Jul 23, 2014, 10:00 PM EDT
Catch the San Jose Earthquakes and Chicago Fire live on NBCSN and online via Live Extra tonight at 10:30pm ET.
Jul 23, 2014, 9:43 PM EDT
In a relaxed match featuring over forty players, the difference came in the 89th minute as Marco Borriello knocked home a corner.
Jul 23, 2014, 8:50 PM EDT
Rijeka have come forward to say they “clearly and unequivocally reject” City’s allegation of racism.
Jul 23, 2014, 8:21 PM EDT
Beasley signed a two-and-a-half-year deal with the Dynamo and becomes the club’s third Designated Player.
Jul 23, 2014, 6:48 PM EDT
Catch Liverpool and AS Roma live on NBCSN and online via Live Extra tonight at 7:00pm ET.
Jul 23, 2014, 5:49 PM EDT
Jurgen Klinsmann has long coveted Zelalem and the 17-year old looks to be next in line to don the Stars & Stripes.
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- Liverpool 0-1 AS Roma: Marco Borriello winner gives Italians victory at Fenway 0