Wage bill takes cut but losses mount

  1. Home
  2. News

The recent departure of two of the club’s largest earners have slashed the West Ham wage bill but club losses still continue to mount.

West Ham hit an annual wage bill high of £136m in the 2018/2019 season revealing losses of £28m for that season.

The Hammers managed to trim their wage after the departures of Marko Arnautovic and Javier Hernandez departures which last season was estimated to around be £115m.

But losses increased and are estimated to be in excess of £40m as result of previous overspend with thr start of the pandemic also being blamed.

With the departures of Pablo Zabaleta, Carlos Sanchez, Roberto, Sead Haksabanovic, Jeremy Ngakia, Albian Ajeti, Jordon Hugill, Grady Diangana, Josh Cullen, Jack Wilshere and now Felipe Anderson on loan with Darren Randolph, Tomas Soucek and Vladimir Coufal as new additions, the wage bill for this season is estimated to have been further trimmed to around £100m per year.

Despite drastically trimming the wage bill by an additional £15m this season Weet Ham are still likely to make a significant loss as the impact of loss of ticket revenue and corporate hospitality bites them hard as a result of the pandemic.

Exit mobile version