West Ham financial statement is iminent

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West Ham is expected to announce a loss for the financial year that ended in May 2019 over the festive period.

The announcement is expected to show an increase in turnover but a loss instead of a profit after player trading is factored in.

The financial accounts which need to filed at companies house by the end of February next year will include the cost of hiring Manuel Pellegrini and his backroom team while also factoring his first summer transfer window in which net spend was around £90m.

Losses are thought to be around £27m after profits of £18m in 2018 and £43m in 2017.
Last year the financial accounts were released 21st December and we could see a similar publication in December or the first few days of January but that could well depend on the run of results.

If an announcement is made before the January transfer window it could go some way to lay the club’s finances bare before calls for re-enforcements in the January transfer window.

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