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West Ham financial gulf to Spurs widens

Spurs announced record turnover yesterday for last season totalling £306m with a wage bill of £127m and a gross profit of over £117m. The North London club earned over £150m in TV money with a further £44m in Champions League prize money and £5m in prize money from a domestic cup run while ticket revenue reduced by £3m in the last season at White Hart Lane due to lowered capacity. Spurs Chairman Daniel Levy doubled his own salary from under £3m to over £6m per year.

The financial gulf between West Ham and Spurs has grown from £68m in 2016 to over £123m in 2017. It is really a case of the richest football clubs getting richer.

West Ham announced record turnover of £183m last month up from £142m in 2016, however, Spurs new figures of £306m was up from £210m in 2016 an increase of £96m!

Chelsea recorded revenue of £361m last season with Arsenal’s turnover close to £423m. When it comes to financial might West Ham will remain in fourth place in London for the foreseeable future. The London Stadium will make little difference in financial terms and the Hammers are a long way off from the £300m+ club.

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About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter

3 comments on “West Ham financial gulf to Spurs widens

  1. you can always start a fans group and go on a march, that always seems to work

  2. Unsure why you’re comparing yourselves to Spurs – you’ll just set yourself up for disappointment.

    You should probably benchmark yourselves against teams more on your level financially and in terms of performance on the field – Crystal Palace, West Brom, Stoke, Swansea.

    Be a lot more realistic and escape from the delusions of grandeur your Dellboy owners and Arrogant Karren seem to have given you, from moving into a ‘proper’ stadium.

  3. That’s what you get when you run the club the way West Ham has been run and rented stadium is just the start understand why we moved but at lest own the ground plus spuds have new stadium so will make more money than we can from a rented running track ie concerts/boxing/all these events they can earn from plus match day catering all in all renting a stadium makes no sense whatsoever

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