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.
Oct 1, 2014, 11:10 PM EDT
To expect a walk-through against Krasnodar would be a mistake and one the Toffees could pay dearly for.
Oct 1, 2014, 10:28 PM EDT
It’s been a rough go of it lately for Ghana striker Asamoah Gyan.
Oct 1, 2014, 9:30 PM EDT
Who’s more interesting than Jurgen Klopp?
Oct 1, 2014, 8:45 PM EDT
Alves is ready to move to the Premier League. So what clubs might he fit in?
Oct 1, 2014, 7:58 PM EDT
A great deal for the Revs, who will be able to add Sporting players on loan much like NYCFC can add Manchester City players.
Oct 1, 2014, 7:02 PM EDT
Maradona pledged his support for the Palestinian cause back in 2012.
Oct 1, 2014, 6:14 PM EDT
Liverpool’s struggles continue. Here’s three things we learned as they remain winless in four.
Oct 1, 2014, 5:51 PM EDT
Take in a top-flight football match anywhere in Turkey and you’ll be hard-pressed not to see at least a few flares among the fans.
Oct 1, 2014, 5:11 PM EDT
After eight games on Wednesday, here’s what happened around Europe.
Oct 1, 2014, 4:53 PM EDT
The Gunners provided one of their most stunning performances of the season on Wednesday, dismantling Group D opponents Galatasaray 4-1.
Oct 1, 2014, 4:42 PM EDT
Lackluster Liverpool now level on points with Basel, face Real Madrid in next two matches.
Oct 1, 2014, 4:15 PM EDT
“He scores when he wants. He scores when he wants. Danny Welbeck, he scores when he wants.”
Oct 1, 2014, 3:37 PM EDT
A first-half brace from Danny Welbeck and a third from Alexis Sanchez handed Arsenal some breathing room against Galatasaray.
Oct 1, 2014, 3:37 PM EDT
Arsenal are flying, so too are Leverkusen. Check out all the half time scores, here.
Oct 1, 2014, 2:44 PM EDT
The Gunners opened the Champions League group stage in disappointing form, losing 2-0 to BVB.
Oct 1, 2014, 2:24 PM EDT
Can the Reds make it two wins from two in the Champions League?
Oct 1, 2014, 1:56 PM EDT
Zenit, Monaco remain top of Group C after a dour draw in Saint Petersburg.
Oct 1, 2014, 1:38 PM EDT
Thierry Henry may be on his way out of New York City as turmoil at the top could drive him out.
Oct 1, 2014, 1:26 PM EDT
The two sides had some internet fun after yesterday’s 1-1 Champions League draw.
Oct 1, 2014, 12:20 PM EDT
The former president of CONMEBOL told Uruguayan TV that Suarez could return earlier than expected.
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- UEFA Champions League roundup: Arsenal cruise, Liverpool lose, Real Madrid win 1
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