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 27, 2014, 11:08 PM EDT
Liverpool looks focused on improving its shape heading into the upcoming Premier League season.
Jul 27, 2014, 10:17 PM EDT
Raul Fernandez held Vancouver to a draw while Portland won a 3-2 barnburner with Montreal.
Jul 27, 2014, 8:08 PM EDT
This may not be as toast as it first appeared.
Jul 27, 2014, 7:24 PM EDT
With Thibaut Courtois hot on his trail, Petr Cech isn’t about to let the youngster’s hype get in the way of his 11-year Chelsea career.
Jul 27, 2014, 6:43 PM EDT
AC Milan got hosed, but Mario Balotelli had some fun as a second-half substitute.
Jul 27, 2014, 6:26 PM EDT
It may have been in jest, but Roberto Martinez has set rumors alight.
Jul 27, 2014, 5:37 PM EDT
Lovern becomes the third Southampton player to move to Liverpool this summer.
Jul 27, 2014, 4:56 PM EDT
AC Milan got thumped for the second straight US preseason friendly. What does it mean?
Jul 27, 2014, 4:50 PM EDT
Having played under Redknapp for 2 years at Spurs, the QPR boss wants him back.
Jul 27, 2014, 4:09 PM EDT
With a good World Cup, Spurs has affirmed the importance of Jan Vertonghen’s presence to their back line.
Jul 27, 2014, 3:24 PM EDT
Pjanic is good at kicking – all kinds of it.
Jul 27, 2014, 3:12 PM EDT
What Italy needs is an FIGC president that works to prevent racism, not one that uses racist terms when referring to players from elsewhere.
Jul 27, 2014, 2:19 PM EDT
At 41 years of age, the forward has made a return with Puebla, although he was unable to help his new side break a goalless draw.
Jul 27, 2014, 1:26 PM EDT
The referee handed out eight yellows and sent a Kansas City player off, although they still came back to take all three points.
Jul 27, 2014, 12:33 PM EDT
The manager can stop worrying — he doesn’t need to keep bringing in multiple trophies to keep his job with the Bavarian giants.
Jul 27, 2014, 11:40 AM EDT
The New York Red Bulls star and former France international is adopting a wait-and-see approach to the end of his playing career.
Jul 27, 2014, 10:42 AM EDT
It’s back to QPR for the forward, while Brendan Rodgers will need to seek other options to help compensate for the loss of Luis Suárez.
Jul 27, 2014, 9:54 AM EDT
It’s official! The Colombia goalkeeper joins the Gunners on a long-term contract, and is expected to make his first appearance next month.
Jul 27, 2014, 8:59 AM EDT
Internazionale need more firepower up top. United need more depth in midfield. This switch seems like an ideal solution.
Jul 27, 2014, 8:06 AM EDT
The Real Madrid manager seems to enjoy destroying the hopes of players, clubs and fans by putting to rest rumors of summer transfers.
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