Allardyce warns West Ham to be wary of finances going to new stadium

West Ham United boss Sam Allardyce says they must be careful with their spending going to the Olympic Stadium.

West Ham United boss Sam Allardyce says they must be careful with their spending going to the Olympic Stadium.

Big Sam also had a stark warning for owners David Gold and David Sullivan, who are desperate to get their feet under the table in Stratford.

The boss said: “I haven’t been told how moving stadium might affect my budget. But I would hope there’s one thing you have to bear in mind. You cannot build a white elephant. The white elephant would be a great stadium but no team — disaster.

“We have to manage our finances carefully because of the over-riding debt at the football club.

“I think the owners top that up with their own wealth but somewhere down the line they’ll want to create a situation where that doesn’t have to happen.

“The long-term future is not only a new stadium but a new training facility to go with it. Years of good financial management are needed as well as success on the field.”

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