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West Ham turn a profit again

BradyKaren Brady has revealed that West Ham made a profit in their last financial year for the second year running.

Lady Brady was asked on twitter by Andrew Yule “When did West Ham last turn a profit?”

Brady replied “Last Year actually. Quite unusual for a football club I know… even for ones like us with a £120m turnover.”

West Ham last published  financial accounts up to May 2014 revealed a turnover of £114.9m and a profit of £10m. Brady’s latest social media comments appear to suggest that turnover has increased by £5m to £120m in the year ending May 2015 and West Ham have continued to make a profit for the second year running.

Unfortunately the financial accounts will not be published until January next year so we will probably have to wait until then to find out the details. West Ham are unlikely to make a profit in this current financial year with reports suggesting the Hammers went £17m into the Red to afford out summer transfer spree ahead of our last season in the Boleyn Ground.

Speaking a West Ham financial insider this morning Claret and Hugh were told:

“We will lose between £7m and £20m (this financial year), projected middle figure is £13m-but there are many variables. The last two years we made money. I think approx £3m last year (to May 2015) although the accounts are not finalized yet and £10m (profit) the year before”

 

 

About Sean Whetstone

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 MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, 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
 

3 comments on “West Ham turn a profit again

  1. Dear Sean

    I see you have lifted the picture of the Baroness from her disgraceful article in the Mail. She claimed to be donating her fee for the article, but while having the bare faced cheek to blatantly USE Bobby Moore’s image to enamoured to people she donated the money not to his charity but to another. This was not about the club but her and her alone. She is a brazen cheat and coldhearted to abuse Bobby in this way.

    This is not a slur on you Sean. I doubt you knew.

  2. Good news re the loot, making moneys got to be a good thing right.

    Im not so sure we will lose money this season.. we will make a fortune in prize money when we finish in the top 4 and win the FA cup 😀

  3. Rugbyirons still on his Brady crusade.Yawn!!!

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