West Ham Chairman David Sullivan has told the Guardian that the club has spent over £40m in transfers this summer, that we are now at the absolute maximum financial fair play wages limit and that the club could make a loss of up to £17m in this financial year.
“I cannot remember a more exciting or successful window during our time at the club, We brought in 12 new players at a cost of over £40m but that was only possible because [the other co-owner] David Gold and I made sure we dug deep to get the players we wanted. We thought it was important this season, with the move to the new stadium, that we bought players in every position to create the best squad and team that has been at the club since we arrived.” said Sullivan
“As a result, we are now at the maximum wages we are allowed to pay under Premier League rules and, therefore, if we wanted to buy again in January we would no doubt have to sell someone before we would be allowed to make signings. It also means we expect the club to make a loss of between £10m and £17m this year, depending on where we finish in the Premier League and the number of games we have televised. This is indicative of just how seriously we took this window and the signings we wanted to make.” added Sullivan
Two really poor home games and the fact they were getting slated by the fans for not buying any attacking players had nothing to do with them realising they needed to dig deep.
Some people really cant help having a dig can they. I think we all owe the board a big thank you for putting so much on the line. So what 2 losses, three wins over some good teams should be the focus. We are the worst fans in the world they must think why on earth do we bother.
Not really a completely a positive statement David?,is it, under the circumstances I think this was unessescery””(hope the spellings right)””.
Before I get any ridicules on the spelling! After posting the comment I looked it up,and can see I’ve made a complete arse over head ballsup.
We all know what you meant,
Tony don’t worry about spelling it’s only the Dicks that worry everyone knows what you ment
And I agree the fans shouting must have an effect on the board to dig deep,
The fans of this great club have a good football knowledge and everyone knew where our problems were,and give Slav his dew so did he ,
He pointed out we were not scoring enough goals from midfield and instead of wasting £15 million on a CF he brought in great ball players and goal scorers,
Also he knew we needed defenders and probably still do but we should not need to spend in January ( with no injury problems ) with Zarate,Song and Valencia coming back
And will we make a lost if we win the league ?or have 2 good cup runs ?
Great year to be a happy hammer
No more school teachers we all make mistakes