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Arnie bid worth just £31.5m – here are the financial facts

The brothers Arnautovic – looking for out according to the agent Danijel!

CandH Exclusive

West Ham have been offered 35 million euros by the unnamed Chinese club for striker Marko Arnautovic – not the £35m widely reported!

ClaretandHugh has this evening learned that the reported  £35 million, in fact, relates to euros making it worth £31.5 million approx.

And the Hammers have made it clear they have no intention of accepting such a ludicrous offer particularly as they will have to pay a 20 per cent sell on bonus to Stoke City ( around £6.2 million ).

The problem facing Chinese Super League clubs when bidding for players is that under new legislation brought in a year ago they have to pay 100 per cent of the fee to the Government as well.

And whilst this makes the Arnautovic bid 70 million Euros in their own terms it is half of that as far as the selling club is concerned.

The Hammers paid £20 million to Stoke plus four per cent to the Premier League ( £800k approx) and another £1 million to the agent when they brought Arnautovic into the club.

So the bid from the Chinese would give the Hammers around a £5 million profit on a player who is widely believed to be worth £60-£70 million.

Arnautovic’s brother and agent Danjiel claimed in a statement the Hammers had bought the striker for “peanuts” at £20 million and adds that this a fantastic offer declaring: “It is close to double what they paid for him.”

Not true.

The Hammers meanwhile in revealing the true figures to Claret and Hugh by email from a highly placed source have made it clear they will not sell in the January window but added: “We ’d reconsider the position in the Summer, but how do you find a replacement in January?

And contrary to what the agent is claiming this really is not a good offer.”

About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon
 

8 comments on “Arnie bid worth just £31.5m – here are the financial facts

  1. Thank you for providing some much needed clarity on what is going on, I’m sure other fans such as myself will find it reassuring. I think Arnie will honour things as I don’t see going on strike any time soon. Hopefully he can also shed some light on his position not his brothers.

  2. No it’s not a good offer it’s laughable. I think Arnie can wait until summer and see if we can keep him win a new offer or sell him for as much as possible . Arnie is professional and I hope he will stay until summer and maybe beyond .

  3. double the bid then maybe, if they can afford to pay him £10m a year they can afford another £35m

  4. Competing for titles? Must be Chinese super league champions Shanghai SIPG. Rumoured £200k a week. You can see why a player, or his agent, might have their heads turned. I think if any of us was offered £200k a week in the last few years of our working lives before we had to retire. Chance to experience China and a new way of life? We might consider it. Obviously we wouldn’t leave West Ham if it was us, because were West Ham, but a player from Austria who has played in Italy and England and has no real affiliation?

  5. This is stupid, why would we sell him for so cheap and why go to China, that’s the end of your career.

  6. Absolute S**T . Just where would he go to improve his standing … ?. West Ham are on the up and every player knows it ,,,, and so do all the phantom Agents and clubs .
    It’s all a load of B******s

  7. I personally think the brothers are as mercenary as they come with no loyalty to anyone except themselves.If the price is right get rid of Arnie and avoid another Payet situation.Again personally I wonder where he would be if still at Stoke?

  8. I’m probably going to get shot down in flames over this but if Arnie confirms he wants to go, sell him but ensure a sell on clause in the agreement.
    Top class professionals do not go to China to win titles, ailing ones go there for a final pay day.
    This stinks of his agent (brother) trying to get a better deal on his current contract or to manufacture a move away from West Ham.
    No player is bigger than the club, and it could well be a warning to others by accepting the offer and sending him into the footballing wilderness on a five year contract.
    Last thing West Ham need is another Payet scenario stinking up the club.
    But hey, until Arnie or the club confirm anything it is all just speculation.

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