Part 7/12:
Financial Fallout and Community Backlash
The financial implications of the London Stadium's conversion have drawn ire as well. The cost of renovation soared to unprecedented heights, with public funds used to defray the expenses. West Ham's lease terms have widely been critiqued as excessively favorable, granting the club a 99-year deal that many believe exploits taxpayers. West Ham contributed merely £15 million of the total costs for a transformation that taxpayers continue to pay for through yearly financial commitments.