Since David Sullivan and David Gold took over in January 2010 West Ham have spent £263.53m in transfer and loan fees for incoming players.
The club have received £103.47m in return for selling players over the same period.
They have paid agents a total of £37.62m over the same period.
Net spent on transfers 2010-2017=£197.68m
Wages paid out 2010-2017 = £519.5m
Match Tickets sold 2010-2017 =£172.6m
TV broadcast income 2010-2017 =£518.8m
Commerical and Sponsorship income 2010-2017= £118.6m
Retail and store income 2010-2017= £52.5m
West Ham Turnover 2010-2016 =£666m with an estimated turnover of £200m for last season so should reach £866m
The Hammers have reported losses for five of the seven years 2010-2016 accumulating £71.4m of losses
Only two years have reported profits totalling £13.3m meaning a net loss of £58.1m
Just using those big figures it looks like there is a £390m surplus if you take off the £15m one off payment call it £375m obviously there will be a number of extra expenses but I don’t see how they would amount to £50 or so million a season?
Weren’t we one of the most profitable clubs last season in all of Europe thought we were 12.
Could be wrong. But I always read that we have goood profitable comapree towards other clubs. Also thought we had the highest gain last season in PL w £200m or so
Need investors…
If the reports from inside the club are to be believed we should post a healthy £80mill profit for the 2016-17 year when the figures are published early next year.With a net profit of around £50mill.The rest means nothing apart from the board are pocketing the profit,because they’ve made it clear Moyes must sell before we buy.I hope as I always do they prove me wrong and make money available for a couple of decent players.COYI
Sean posted that the other day Baddow, he said the club say that although it looks like £50m the way the payments are structured t ends up being £22.5m.