West Ham still owes as much as £54.5m on players who could potentially leave this summer.
The Hammers are still thought to owe £22.5m on Sebastien Haller after paying £22.5m upfront from the Marko Arnautovic transfer fee but £11m of that remaining balance is eeeported to be due to Frankfurt this summer.
Most transfers are split over the length of contract where possible so deals for Anderson, Yarmolenko and Ajeti are likely to be spread over four years. Felipe Anderson who signed for a record £34m in July 2018 is also thought to have outstanding instalments with £8.5m due next summer after paying the third payment of £8.5m this month.
Andriy Yarmolenko who also signed in the summer of 2018 cost £18m on a four-year deal indicating four instalments of £4.5m. With £9m already paid another £4.5m should be due this month with another £4.5m next summer.
Ablian Ajeti signed last August for £8m would indicate four instalments of £2m which suggests £6m left to pay with £2m this August and a further £4m over the next two years.
West Ham financial accounts released at the beginning of this year for last season revealed West Ham still owed nearly £87m to other clubs in May last year while being owed just £13.5m from other clubs.
The stage payments work both ways with West Ham only needing to find the initial down payment and the first instalment this summer while budgeting for further years for inbound players.
So £26m this summer, before Soucek and Bowen? No wonder we have nothing to spend.
Yes
Your have us crying soon for the billionaires and millionaires of whu Sean. Behave son and try and imagine that we are one of the wealthiest premier clubs and imagine what the others are getting from the sky billions ! Who buys the duff players at our club ar stupid wages like wilshere 100k a week obscene wages and employing pelle at obscene wages and carrol on obscene wages and a outcast Sanchez and a unknown ajeti and let’s a left back like cresswell carry on costing us points over two seasons without buying a proper defender? You get what you sow so stop supporting a board of people only interested in making money but only good at it in porn not football .
I think we need to accept that we spent the majority of this years planned budget in January, and the balance of that planned budget has been wiped out due to the coronavirus. Moving players on and getting a couple in is the best we can hope for this season.
My only concern is that the lack of money could mean that we will accept a bid for Rice that we would otherwise have rejected.
Good job we have a few youngsters coming through then!
Is Cordoso not highly thought off? Haven’t seen him on the bench but thought he was a ball-playing left-sided prospect that was well regarded
Don’t worry Rodders, this time next year we’ll be millionaires!
It needs to be remembered that last summer we sold players for £50m – Byram, Oxford, Perez, Hernandez, Arnautovic, Obiang, Fernandez, and Haksabonovic
It was not all one way