Today is the final day of West Ham’s financial year and it looks like a record turnover with the Hammers earning a million pounds per day in revenue.
The Hammers are likely to record a turnover of £365m thanks to a good European run, a ninth-place finish in the Premier League and the sale of Declan Rice in this financial year which finishes today.
This season West Ham will book a full £100m profit on Declan Rice as he was sold to Arsenal on 15th July last year six weeks after last year’s Hammers’ financial year-end.
In a twist of fate, sales are recorded in the single financial year they are sold in the accounts, unlike incoming transfers which are spread over the life of the contract.
West Ham is likely to earn £148m from Premier League TV money this season with an Equal share of £91.7m, TV facility fees: of £19.2m, and merit payment of £37.4m with the Hammers finishing ninth in the Premier League table.
Add to this an estimated £23.5m earned from the Europa League prize money in a cup run to the quarter-finals.
Ticket match day revenue is likely to reach £45m plus commercial/sponsorship of another £35m revenue plus retail sales of around £13.5m
That would create a record turnover for this season of around £365m way above the £253m recorded two seasons ago.
Sullivan and part time iBrady are removing concessions for new young and old supporters
Why are we allowing this
Yeah I agree, it’s very sad they are doing this, I hope there is a strong reason for doing so and greed isn’t one of them.
yeah, it has to be that worldwide inflation has pushed their grocery bills up 😒🤭
So why are they taking steps about taking away concessions for supporters, especially children, or perhaps we aren’t going to get a European run for a while and it’s the supporters fault ?
Yes, supporters are controllers of the preferred football club to a certain extent… The Chairman and Board of Directors, own the fabric of the club.
The soul belongs to the supporters…
Not only do the supporters wish to be entertained, they want to belong….. Belong to to the club, they have mostly inherited from family or dear friends. So many boards and chairmen, have overlooked 1923, which was a true reflection of the depth of support for the Irond…. Today we are blessed with google earth, one can still see the outline of our original pitch, that’s history, although it may be younger in history, than some of the other great football clubs.. Nowhere is there more soul than in West Ham United. Upton Park crowds have performed and seen more miracles, than any other ground….