Following the sale of Jose Fonte to China West Ham’s net spend this season has turned into a profit of £1m.
While the Hammers have forked out £53m in transfers for four players they have received £54m for eight unwanted players in return.
Inbound 2017/2018 season
Marko Arnautovic £24m
Javier Henandez £16m
Jordan Hugill £10m
Sead Haksabanovic £3m
Total: £53m
Outbound 2017/2018 season
Andre Ayew £20m
Diafra Sakho £6m
Ashley Flecther £6m
Darren Randolph £5m
Enner Valencia £5m
Havard Nordveit £4m
Sofiane Feghouli £4m
Jose Fonte £4m
Total £54m
Previous seasons net spend
2016/2017 Season Spent £62m Sold £36m Net spend £26m
IN: Ayew £21m, Lanzini £11m, Snodgrass £10m, Fonte £8m, Masuaku £6m, Fernandez £6m
OUT: Payet £26m, Tomkins £10m
2015/2016 Season Spent £46m Sold £17m Net Spend £29m
IN: Payet £13m, Ogbonna £10m, Antonio £8m, Obiang £6m, Byram £4m, Jelavic £4m, Hendrie £1m
OUT: Downing £7m, Maiga £4m, Jarvis £3m, Zarate £2m, Jelavic £1m
2014/2015 Season Spent £30m Sold £4m Net Spend £26m
IN: Valencia £13m, Kouyate £5m, Sakho £5m, Cresswell £4m, Henry £2m, Amalfitano £1m
OUT: Diame £4m
Net spend over four years = £80m
A nett spend of £80m over 4 years is not going to get us anywhere near the level the club wants us to be, Remember there’s 2 transfer windows a season x 4 seasons. That’s £10m of a nett spend per transfer window, You can dress it up anyway you like but that’s cheap.
Deals of a struggling bottom to middle Premiership club, we are nowhere in the Arsenal, Tottenham or Chelsea league, a stadium that is not a football stadium, just like Bubbles, our dreams seem to Fade & Die.
Now that is what I call real investment………..not. Let’s move on from the stadium, I don’t see it as a big problem but rather an o going opportunity but the lack of substantial investment to get us anywhere near the top 6 Sullivan talked about is what is more concerning. You want to continue with your barrow boy deals Sullivan then become a market trader because that approach doesn’t work in football. It is overpriced but either you get onboard or you get left behind and I know where you are currently!!
Roll up roll up & line them up, aim another cheap shot at SuGo
Cheap 😂😂
Come and get some rocks at my stall on 10 march Essex 😂 cheap !!!
The net spend on transfers is always relative to the spend on salary to put things in perspective, the club seems to put a lot more effort into retention of its better players, I would say it overpays in relation to some of their abilities. We would be better to have the whole team rewarded in relation to success with lesser basics it is a model that is currently working for Tottenham and keeps all team members hungry for success on the pitch whether they are on it or otherwise.
Without TV money were history ! If funding was pulled tomorrow this club is done 😟
You could argue without the Dave’s money we were history about 6 years ago 😉 but if you took the money away other than Man Utd / City and Chelsea probably every PL club would be history 😀
Our net spend appears low compared to our income as we have spent (wasted?) a lot of money on loans, agents fees and paid high wages to retain players. Some of our transfers / salaries have been out of desperation rather than a strategic long term plan.
I agree with 32 – we should build a model where players are rewarded for success.
DS went on record saying there was money available for Moyes last window.
I wonder what the war chest will be for the summer. Will the acquisition of Mario take all of it?
It seems that at the beginning of the season Slav let a lot of players go (Nordveit, Feghouli, Snoddgrass) on the understanding that this would allow a serious bid to be made for Carvallho – which didn’t happen (they wanted 30 million so we just offered them 25 million) – I think that a part of the low spend was because SuGo no longer really trusted Slav – and in the January window because buying then is not Moyes style
Let us see what happens in the summer if Moyes keeps us up and then decides that he wants to stay
I would question how much input slav had in transfers full stop,nothing in Sullivan’s whole approach to transfers here or at birmingham says he didn’t spend because of the manager,they have never spent big on transfers anywhere
Doesn’t matter how much we have to spend No one decent will want to play under Moyes, a good manager 15 years ago but the game has moved on, unfortunately our board have a terrific record in picking poor managers. Go get Marco Silva and leave the rest to him. Under Moyes we are going nowhere, a championship manager at best now,still a big improvement on Bilic who was totally clueless.