CandHExclusive: DS on Brexit Irons impact

david-sullivan-west-ham-upton-park_3339474West Ham charman David Sullivan – like all other Premier League chairman – was this morning assessing the effets on how Britain’s decision to lave the European Union would affect the club’s finances and future.

The markets have been rocked with the result of the referendim which also led to the near immediate resignation announcement by Prime Miister David Cameron.

And speaking exclusively to ClaretandHugh the club’s chief shareholder gave an early opinion on what the future may hold.

He explained: ย “If ย sterling falls too much it impacts on our buying power and ability to pay wages as players want it fixed in euros.”

And he added: ” Even now we get hurt as we owe quite a bit in euros on players we have bought bought on the โ€˜dripโ€™, every club with EEC players will be in the same boat.”

There is the additional worry now hanging over players the club may wish to buy with Sullivan saying: “Long term European players will need work permits-French players will be the same as Africans.”

The Hammers and other PL clubs will be carefully watching the markets given that at one stage today (Fri) the value of sterling crashed to its lowest level since 1985 and saw the UK slip from the world’s fifth larget economy.


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

11 comments on “CandHExclusive: DS on Brexit Irons impact

  1. EEC, how quaint clearly he is very much old fashioned sort of person by nature it seems. He will be talking Pounds Shillings and Pence next.

  2. “FRENCH players will be the same as Africans”… hmmm…not random example… I’m getting a paranoid detective, please stop me… lol ๐Ÿ˜€

    • I think you should be taking this far more seriously Matt.Do we need to send you on a How to be serious about everything course lol.I know just the site for you to do your training ๐Ÿ™‚

    • Ha ha , matte its just a working class boy who earned a few quid and is now a Tory puppet plying more bulls#1t .
      New day new beginning and it needs everyone behind it ! Not more bitter remarks from wannabe mates with the torys who are hurting cos they couldn’t make project fear work .
      As for a detective matte I have a p.i. in France that will help in you’re enquiries !
      His name is Jacques clouseau , who is a real diamond geezer and comes highly recommended .
      He will sepperate the African remark with a simple application for a work permit for incoming players ? Just like they did before ! Simples right ??

  3. Have you seen the French team Matte most of them are African or come from the area,
    Good time to go into the boat selling business in Calais,the French won’t be helping us to keep our borders safe now,
    Be a high way from Greece to England now,
    Thinking of joining Tyson now and becoming Scotish,

  4. Bubs ! Just rang captain mainwaring and he assures us that the coast is in safe hands !as for Scotland ! They couldn’t survive on their own. This parrot is dead ?
    And so is the e.u !! Like you I have a place abroad and have no worries at all about how it will pan out . Like the weather , cloudy in the morning , sunny in the afternoon !

  5. Not worried John just don’t like my beer getting more expensive,
    Things happen to the nicest people at all the wrong times,we will be the first of many now
    Holland and Denmark will follow within a year,Sweden won’t be long behind them,
    Mrs B wants to know if The Wetties will put there recipes in Pounds and ounces now if we are going back to our heritage ?
    How long before we get our British passports back and who is paying for that change,
    So much to think about and at my age so little time,
    Wish I had the worry about how my millions were being affected,

  6. I suppose they can go back to filling their nappies with fluid ounces now not millilitres ๐Ÿ˜‰

  7. Comedy Gold on there today.Its time to move the pants in to government.Lets have a vote,should Westminster be renamed Wetminster ๐Ÿ™‚

Comments are closed.