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Hammers must repay loan next month

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West Ham must repay a £23m a short term loan from Rights and Media Funding Limited next month. The money akin to an overdraft facility was taken out on 10th August last year from a company thought to be backed by Billionaire West Ham fan Michael Tabor.

The club is almost certain to take out a new short term loan in August this year to help with cash flow in the transfer window.

The Hammers signed Pablo Fornals for a reported £24m,  that deal is likely to require a third of the money up front meaning West Ham must transfer £8m to Villareal in July also.

With so many demands on the club’s bank balance, West Ham is likely to prioritise on selling the likes of Pedro Obiang, Javier Hernandez, Reece Oxford and perhaps Sam Byram/ Jordan Hugill to bring in some much-needed cash back the other way to allow the Hammers to compete in the summer transfer window.

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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!

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2 comments

  • mark wiggins says:

    To be honest Sean I have no problem selling any of the players you mention . Maybe that will also help in securing a couple of more signings and were done in this window .

  • West Ham Fan No 32 says:

    Take out a bigger loan and buy Gomez, if Vickery raves about him as he has done then that usually dictates he is a proper player, he raved about Balbuena also and he wasn’t wrong there.

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