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Pelle transfer budget may top £60 million

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Manuel Pellegrini is likely to receive a budget of around £60m for new players in the summer transfer market.

The Hammers board will have its final budget meeting over the next two weeks but the expectation is that the manager will receive £30 million plus all cash raised from player sales.

The club will save around £5 million on Andy Carroll’s personal terms and another £7m on Chicharito’s whom they are ready to move on at around £10 million.

That would bring them in a total £12 million in saved wages which could be augmented by the departures of Pedro Obiang at around £5 million, Lucas Perez, £4 million.

With Edmilson Fernandez another likely departure at around £6 million that would leave the manager with around £57 million to £60 million as the Hammers look to build on this season.

Sky positional money is always used to pay the wage bill meaning that the boss can look forward to a reasonable transfer kitty in the window.

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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

  • Kenny Irons says:

    Afraid £60 mil’ these days buys you absolutely nothing, expecially considering rebuilding we
    need. Afraid if the owners can’t cough up a lot more they need to sell the club.
    It’s impossible to improve as a club these days unlesss you have the investment.
    Unfortunately, that’s the way it is.

  • Samizgould says:

    So thats five players that need replacing then and add Adrian who’s going as well. When Maxi Gomez will cost 40million pound as Vigo get further away from relegation and Mitrovic is around 25million pound thats the transfer budget gone and at least four more players needed to fill out the squad. Even if we sell others they too will need replacing and we need better quality. No matter which way you cut it the 30million starting budget isn’t enough to cover the minimum number of players needed, even if we do spend less on wages for younger players…

    • Claretnbluejoffy says:

      I read this site a lot but this article makes no sense whatsoever. Wages are a flow, transfer kitty is a stock. Saving £5m on Carroll’s wages means nothing for transfer kitty.

      • Samizgould says:

        There is also a strong chance that we will have to subsidise wages for players like Chicharito and Perez as they simply wont earn their current wages in Spain where they are linked and their agents wont approve deals that leave their players significantly short changed. So yes it doesn’t add up no matter how you want to adjust wage “savings” to increase transfer limits. Let alone the need to find a club willing to buy players who consistently haven’t performed.
        Its a 30million budget full stop. Yep need to be ultra smart and hope for sales but with rivals pushing hard especially the clubs around us and a high expectation it could be a bumpy summer.

  • Mass says:

    Then we will have to be clever with the money, if Gomez is 40 million then he is simply out of reach unless we sell Arnie for 30 mil. Even if budget is only 30 mil that’s 130 across 2 windows which is very reasonable. Trouble is we still not getting it quite right. 4 good signings Diop, Balbuena, Anderson and fab and 3 shocking ones sanchez, Wilshire and perez. Need to stop signing players just because they are available

    • blimeylimey says:

      The £130mil. over 2 seasons isn’t exactly a fair reflection, seeing as the previous two windows was £zero expenditure….
      Lets be honest £30mil net investment in players is the bare minimum any premiership club needs to spend just to stand still…….

      AND it far too early to say Wilshire is a bad buy, same with Yarmalenko…

  • At least £70 million needed again lm afraid,we’ve still got too many very average players

  • Dom says:

    60m plus player sales would be acceptable, any less just isn’t enough in the game today. Leicester are reportedly prepared to spend 150m this summer and the sad fact is, you have to spend money in the Premier League to progress.

    I believe that one more big window is needed to shape the squad in to something Pellegrini can feel confident about. 60m plus player sales would be enough to work with.

  • West Ham Fan No 32 says:

    Agree with the comments we will likely have 8 – 10 players to replace, Leicester, Wolves and Watford will strengthen, we would need to be very clever in the market to fill all those spaces, I don’t think Perez will be sold he will fill the goal poacher slot, we should offer spurs what they paid for Jansen he showed in his cameo yesterday what great movement he has and was very unlucky not to score. If we do sell Hernandez we haven’t got a recognised striker except Perez, Arnie and Ant are wingers that fill in, we need two or three out and out strikers £70m won’t buy 2, we definitely need a left back, a keeper and a central midfielder that can boss a game, hopefully Hussillos has some magic like that which brought us Balbuena and Fabianski for peanuts but I fear we will be moving backwards next season due to lack of investment.

  • Hammer64 says:

    I think whichever way you cut it we lack the spending power to compete with the top six in regard to transfer fees or the wages to attract top players. From some stat I saw recently in the press we are struggling with regard to some of the sides we probably see as on our level-Watford, Leicester, Wolves & Everton. I have no idea how some of these sides do it & keep inside the financial rules, so we are still some way of being definite top half finishers. And next season there will be 3 competitive sides coming up from the Championship. It really makes the need for good recruitment ( make that excellent recruitment) plus more Academy graduates. I still have a feeling the owners pinned everything on getting a big name manager & have not yet modernised the club enough to guarantee a stable top half position. I would love us to push on over the next two seasons but I think we may continue to spend time hovering around the lower half. Still, you have to hope for the best I guess..

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