West Ham still have huge borrowings due to the impact of COVID last season but hope they will stem the big losses this season with a good Europa League run.
The Irons owners injected £30m in a rights issue and the club consolidated their borrowings with a new credit facility from MSG Holdings which allows them to borrow up to £120m over five years.
They use this to pay off Media Rights and Funding credit facility as well as a shower term loan from Barclays.
The credit facility – akin to an overdraft – allowed David Moyes to dip into the transfer market over the summer.
Now with fans back in the London Stadium, the club wants to maximise matchday revenue with as many games as possible.
Each Europa League win is worth a 610,000 Euro bonus £514,000 worth over £1m with two wins so far.
A league and FA cup run would also bump up record ticket revenue this season.