West Ham have spent £7.5m more in transfer dealings this summer than for the whole of last season figures have revealed.
The Hammers have shelled out a total of £42.5m comprising of Ayew £20.5m, Masuaku £6.2m, Lanzini (including add-ons) £10.2m, Tore £2.55m (loan fee), Martinez £2.55m and Calleri (loan fee) £500k.
When you subtract the £10m we received for James Tomkins our net spend on transfer reaches £32.5m this summer
Last season we shelled out nearly £44m in transfer feeds but crucially we received nearly £20m back in return for outgoing players making our actual net spend just under £25m.
2015/2016 Transfer dealings
Possibly the bigger disappointment for some fans in this transfer window was the chairman’s statement of intent on the official site that the board would invest up top £30m on one player who could score at least twenty goals in a season.
To be fair he did try to land Vardy, Lacazette, Batshuayi and Bacca however, it is worth pointing out that that plan was largely dependent on selling Diafra Sakho and Enner Valencia for a combined valuation of £27m and releasing over £3.5m off the annual wage bill.
As West Ham fans we are never happy but these figures above put into context our record investment this summer compared to previous transfer windows.
Looks like we’ve finally got Calleri!
Hope he’s a good ‘un.
Got some mates in that part of the world that say he is very very good . .
So , here’s hoping he can do it in the Prem .
What you haven’t included Sean is what money we have received for finishing 7th and the TV money, which will be substantial and should have enabled us to have gotten that 20 goal a season striker because I would feel a lot happier with that in the bag, although it still has been a good transfer window.
The problem is every will the same money from the new TV deal so in reality transfer fees rise, players wages rise and agent fees rise. We haven’t got the the new TV money yet, it is paid in instalments to the clubs.
Other things to factor in:
West Ham were required to pay Stadium owners E20 Stadium LLP £15m in August as part of the deal to move to the new stadium. West Ham also had to clear £18m bank debt as it was mortgaged to the Boleyn ground. This £33m had to be found from somewhere.
There have also been a number expenses to incur of part of the move. The Claret and Blue seats at the London Stadium are rumoured to have cost as much £3m and West Ham has also funded all the WestHamification branding as part of their move running into several millions.
I know people get bored of hearing about FFP but only FFP wage cap only increased by £4m to take it to £64m. With improved wages and new deals for most of our best players and the new signings I am told we are almost right up to that wage cap again.
Sean, what about the sale of UP, wasn’t that supposed to cover the LLDC cost and the Bank Debt?
Pity they didn’t spend some more dosh on is,t class stamps !!!!
Still waiting for the S/T , green shield stamps go in a book not on a envelope ?
I got mine two days ago.Maybe they sent yours to a Teddyboy not Johnboy 😉
Great to see us moving in the transfer market ; but , I must admit to being utterly confused .
Don’t know half the new signings or what they can do on the pitch .
But my confidence in Slaven Bilic is almost obligatory after last season’s 7th spot .
Everything looks exciting on paper and what these new signings could do for us .
There is obviously a game plan and a strategy laid out , but seeing these signings has confused me no end . It worries me a bit that so many signings may see some players wanting an out come winter because of the lack of playing time . So we could see a natural thinning out of the squad by January / Februray . Not a bad thing so long as we keep our best . The best will soon be known and take us forward .
As things go , I am very optimistic at the moment and reckon we can compete in the Europa League and the EPL . A top four or five finish is not unrealistic . Ignore the pundits .
Don’t forget they all said Leicester would stumble . And are all predicting anything from 6th to 8th for West ham this season . I say ; we will finish 4th and have a good EL run .
FA cup or League cup is a thing we can’t aspire to or try to win . EL and EPL must be our priority .
You can’t include add ons not yet incurred in those calculations.
GIven the increase in TV money and £12m extra stadium revenue, the
increase is not really an increase. Still need a proper right back and experienced centre half IMHO, and need to lose at least one forward.
The add ons for Lanzini have already been incurred based on his performance last season.
The board is investing and broadening the squad to cope with what we all hope will be a decent EL run. Video of Calleri is very encouraging – including an amazing rabona.
Did we get extra for Downing from Boro?
Ayew and Payet will be awesome and Feghouli and Tore both bring class.
Bring on Chelski.
I understand our fair play limit how do other clubs who had worse finishes then us lower capacity,
Cheaper seats less fan base,
Spend more money ?
I have yet to see any club in England get sanctions,
It’s just frustrating when this subject come up every time we stop spending,
If Enner leave we will be well below our limit,and by the time others leave on loan,
When you see our spend it puts things into perspective.Fans thinking that if we ain’t in the top 6 this season we will be having an iffy season.The top clubs are going out & spending our total spend on one player & bringing in 2,3,4 players of that value in to their squad.We can mould a really good team as Leicester did but when it comes to competing financially with the bigger clubs we are a country mile behind.
There is a huge difference in sponsorship between the top clubs and the also rans. I think Man City got £400m in a dodgy looking deal last year. ManU get something like £50m a season for shirt sponsorhip. We get a 10p each way bet with Betway
…and perhaps even more for shirt sponsorship
Lol yeah our sponsorship is pants compared,there is still a massive gulf in spending power between us & some other clubs at the top of league.Which is why I have patience & dont expect miracles.Mind you if we are in the top 6 come the end of the season I will be delighted.It could get hard going though if we progress deep into the EL.Who knows,we will soon find out 🙂
Man U get £120m a year on sponsorship alone, Citeh get £52m a year, Chelski are getting £100m a year, the Gooners are getting £64 mil a year, Liverpool get £49m a year we get £10m a year although our sponsorship with Betway is due for renewal after this year so it is possible we will get a better deal next season.
Yeah so in sponsorship alone we are miles behind.Surely we can cut a better more lucrative deal when the current one with Betway ends.But as an inarticulate chump from Claret & Hugh what do I know lol