West Ham post record financial results


money_in_footballBy Sean Whetstone – CandH associate editor

West Ham’s newly announced financial accounts show increases in all areas as the club continues on a big upward curve.

The main areas show:

O a turnover increase of  17.7% to £142.1m and within that ticket sales for the last season at the Boleyn Ground rose to £26.9m

O TV income grew to £86.7m

O Commercial and sponsorship sales was up by 31% to £19m

O and retail and shop sales grew by 29% to £9.3m.

Pleasingly, the club  managed to record a modest profit of £1.2m before taxation but this was record a £4.8m loss on the books when other factors where included after spending £53.3m on bringing in new players – which saw us take on a  total wage bill £84.7m – and investing £4m in Rush Green training ground. A further £45.7m was spent on players during the 2016/2017 season so far the accounts claim.

The external bank loans were paid off in July 2016 following the sale of the Boleyn Ground with the accounts claiming an £8m profit in the sale.

The club paid their £30m pay day loan to JG Funding in May 2016 but took out a new one with Media Rights and Funding for £30m in August 2016 secured against future TV income.

In further articles later today we will update you at West Ham’s debt situation, directors salaries and repayment of shareholder loans.

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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 A Blogger on a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at,

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


  • markro says:

    I have no idea what that means other than to hope that the club’s finances are improving.

    Bottom line what the fans are really interested in:

    Ticket prices and spending on new players.

  • se15whu says:

    Thats GOOD.Hopefully we’l try & invest some of it in a ‘CLOSER PITCH EXPERIENCE’ !
    Love WHU

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