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Hammers worth double the Mapgies

West Ham value is double that of  Newcastle United given their London base according to former Hammer Trevor Sinclair, who reckons our club is worth between £500million to £600m.

West Ham were the subject of a £400m informal approach from a group of UK-based investors back in February which has re-ignited takeover talk.

Sinclair’s valuation had former Crystal Palace owner Simon Jordan wondering why it was significantly higher than Newcastle’s.

Jordan said: “Why would Newcastle be valued at £300m with a stadium that they own with 52,000 fans and the same launch pad opportunity that any Premier League would have?

If they’ve got the history, the heritage, support base and the association with the Premier League – why would West Ham be worth twice, three times Newcastle’s worth?”

Sinclair replied: “I think because of London , it’s an international mega city. Any player who is looking to come to England – most foreign players (are asking) how far is it from London? London is an iconic city that people want to live in, simple as that. Without being disrespectful, Newcastle’s not.”

Hopes of a takeover on Newcastle United suffered a blow this week when it was revealed the arbitration process had been adjourned until 2022.

Earlier this year Forbes valued West Ham at $508m or £369m while Statista valued the Hammers at 561m Euros (£480m)

Brady’s own biography on her personal website values the club at £800m although that was written some time ago.

As the old saying goes something is only worth what someone is prepared to pay for it.  Wise words!

 

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

2 comments on “Hammers worth double the Mapgies

  1. Not sure how Trevor Sinclair would know anything about the value of football clubs. Besides, given that nearly of the cash flows generated by nearly all football clubs end up in the pockets of players, strictly speaking, football clubs are not worth anything at all. They’re only ever worth anything when a bigger fool than the one(s) currently running a club comes along and is prepared to show the world how much money they’ve got by buying a football club as a vanity ‘investment’.

  2. It isn’t worth anything north of 400m.
    It’s irrelevant because these guys won’t sell and no one will pay more than that.

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