Interesting piece. My limited understanding of our payments to Kassam were £1m per year for rent and service charge to Firoka combined. So it would be misleading for Kassam to simply say the rent is only £350,000 per year?
The problem is I can’t remember where I obtained that information. Hopefully someone can confirm or correct that.
Interesting article (although there are a couple of inaccuracies), and interesting timing.
Kassam's quote about the rent, and people talking out of their backsides, is typical Kassam bluster.
Over the last five years, the total costs of the stadium (rent, service charges, maintenance! etc) paid by the club are over £6m, meaning an average of approx £1.25m a year. Of this stadium rent alone is over £2.5m, and averages over £500,000 per year. Add to this the ridiculous service charges to Firoka the club has been locked into, and it's pretty clear that, as usual, there's only one person talking out of his backside, and that's Kassam.
I've said it before, and I'll say it again, the sooner we're away from that place, and the parasite that owns it, the better.