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.
Sep 2, 2014, 10:23 AM EDT
Speaking ahead of the USA’s clash in Prague, here’s what Klinsmann had to say.
Sep 2, 2014, 9:47 AM EDT
Bayern Munich midfielder to lead Germany after Lahm’s retirement.
Sep 2, 2014, 9:08 AM EDT
Where did the cash go? Who spent the most? Which records tumbled?
Sep 2, 2014, 8:26 AM EDT
Ronaldo’s not happy that Alonso, Di Maria were allowed to leave in the window.
Sep 2, 2014, 7:33 AM EDT
Is he a Red Devil or a Villan? Confusion over Cleverley.
Sep 1, 2014, 11:30 PM EDT
“Today two powers were brought together, the hand of God and that of the Pope,” Maradona joked. No, really. That’s what he said.
Sep 1, 2014, 10:30 PM EDT
How do you think United will line up?
Sep 1, 2014, 10:29 PM EDT
From a 18-year-old Jamaican-English midfielder to a 34-year-old veteran goalkeeper, this team takes a ride through all types of players.
Sep 1, 2014, 9:38 PM EDT
In the end, the player had to come from the nine-goal thriller at Goodison Park.
Sep 1, 2014, 8:48 PM EDT
Rebecca Lowe, Robbie Earle and Robbie Mustoe bring you plenty of analysis on the summer transfer window’s Deadline Day.
Sep 1, 2014, 8:45 PM EDT
Passing or failing? Take a gander at how each Premier League team fared.
Sep 1, 2014, 8:32 PM EDT
Falcao signs for United, arrives on loan from Monaco with view to a permanent transfer.
Sep 1, 2014, 8:09 PM EDT
Manchester United’s Danny Welbeck went away to London for international break, and won’t return to the club after sealing a move to Arsenal.
Sep 1, 2014, 7:26 PM EDT
Nantes, Nottingham Forest and Aston Villa are all surprising early-season teams, and Americans are playing big roles in each club’s success.
Sep 1, 2014, 7:13 PM EDT
The biggest confirmed transfers on Deadline Day including Premier League teams.
Sep 1, 2014, 6:40 PM EDT
If Andre Villas-Boas thought Emmanuel Adebayor was hard to handle, wait til he gets a load of this American character.
Sep 1, 2014, 6:33 PM EDT
Alderweireld arrives on loan, as Mane deal agreed.
Sep 1, 2014, 6:23 PM EDT
Negredo leaves City, heads back to Spain to play for Valencia.
Sep 1, 2014, 5:55 PM EDT
Watch live online, right here.
Sep 1, 2014, 5:42 PM EDT
Hull busy on Deadline Day as Ramirez joins on loan, plus Ben Arfa.
- From Prague, with love: Klinsmann previews USA’s friendly vs. Czech Republic 0
- Record summer: Breaking the transfer window down, by the numbers 0
- Premier League transfer window grades – Which team did the best business? 1
- Done Deal: Radamel Falcao completes move to Manchester United 3
- Done Deal: Better late than never, Arsenal seals deal with Welbeck 2
- Americans Abroad wrap: Guzan stays unbeaten, Lichaj & Bedoya thrive 1