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Financial Fair Play Update

Posted by Sean Whetstone on May 30, 2014 in Whispers

The base annual Premier League FFP wage ceiling increases by £4m this coming season from £54m to £58m for the Hammers.Money

However in real terms it has reduced slightly from the £61.2 million ceiling we had available last season.

Figures from West Ham financial accounts released earlier this year show commercial revenue grew From £7.9m to £13.9m and retail sales were up from £4.8m to £6m.  Under Premier League FFP rules this extra commercial growth gave the club another £7.2m to spend last season if they wanted to.

The accounts released earlier this year include figures up to 31st May 2013 so we wont know how West Ham have done in commercial growth terms last season until January 2015 at the earliest. I expect it to be far more modest increase as the main reason for growth in 2013 was due to West Ham being promoted to the Premier League. I estimate around a £2m growth in commercial activities and retail last season making our FFP ceiling around the £60m mark for this coming season.

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About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter

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