West Ham are looking to spend over £100m this summer in transfers but will look to bring £30m back in outbound sales to balance the books.
The Hammers have invested over £40m so far in transfer, signing on and agent fees on Ryan Fredericks, Issa Diop and Lukasz Fabianski but will look to spend in excess of £60m bringing in another three to five players before the transfer window slams shut at 5 pm on 9th August.
However, the West Ham net spend on transfers will need to remain around £70m so they will look to balance the financial books.
The most obvious Hammers outbound candidates for to raise £30m are Robert Snodgrass £9m, Jordan Hugill £7m, Edimilson Fernandes £6m, Sam Byram £5m and Reece Burke £3m.
West Ham would be extremely reluctant to part with Marko Arnautovic, Javier Hernandez, Michail Antonio, Declan Rice or Pedro Obiang while the chance of offloading Andy Carroll seems unlikely.
Show me the club with £7mil to spend on Hugill, I have a bridge to sell them!
That works for me. Getting £3m in for Burke makes sense, given that we have Rice and Oxford as promising defenders and Diop, Oggie, Reid and another likely to join.
Feel a bit sorry for Hugill, but if we’re to kick on, he’s not the right player for us. He’s the kind of player to fire a Championship club into the PL and kick on from there.
What I struggle with, with the transfer numbers that are thrown around is the payment terms. If the clubs are still spreading payments over 3 years, then £100 mill is only 33mill this year. If you then say the club had around £30 mill in the Bank in the 2017 accounts; cash flows pre transfers have grown substantially and we saw a year of negative net transfer spend last year, it seems to add up to a year if the board paying down debts again?
Cashflow is the real problem, it is true that we might to only have pay 35% to 50% of the transfer fees up front but equally, we are still paying for transfers we made up to 3 years ago so still paying for Arnie, Lanzini, Snodgrass, Hugill etc Equally players we sold in the past three years we have yet to be paid fully so still owed on Payet etc. It is swings and roundabouts. We still borrow cash every summer from Media rights and funding to plug the gap in our cash flow
Carroll should be the first out of the door! accept anything we can get, soon he will be worth Nothing, there has to be something he has over the club, 39 goals in the league since 2012, and how many games out with injury! Feel for Reece Burke, but it is just further proof we are not the academy any more, we would rather sign someone on a free then develop our own youth!
Carroll only has 33 goals in the six season he has been with us but I agree we should accept any offer over 19/11d that comes in. With regard to Reece Burke, it’s nothing to do with what the club would rather do, he simply isn’t good enough for PL.
Absolutely Carroll out the door first. But for 7.5 M and the wages off the books . No way we will get the touted £20M
Would hope we would keep Reece Burke, was hoping for a future back three of Burke, Oxford and Rice, but likely 2 of those three will be sold this summer, and with the Centre back signings we are making, Rice will be mainly playing Defensive midfield if he gets any gametime.
We have totally mismanaged our youth players for years, and dont see any let up in that with Cullen, or Quina or any other up and coming strikers.
As Sean says, ‘Swings & Roundabouts’. As long as the cash don’t ebb more than it flows. Aston Villa lost on a throw of the dice and in deep sh..
Tragic that Andy C so prone to injury ( not his fault) not only for us but also England. A great talent unable to forfil full his potential.
One full season fit and Andy can justify his cost. How often has he come on and scored? For me Reid must go based on his lack of fitness and hot temper.