West Ham’s real competitors in the Premier League

Last week we compared the gulf between West Ham and the top six teams in terms of revenue explaining that Spurs earned £381m last season, Arsenal  £404m Liverpool £455m Manchester City £500m  and Manchester United £590m. They were all way ahead of the Hammers who earned £175m of revenue last season.

Our real competitors in the top flight now are the likes of Everton, Leicester City and Wolves all of whom are above us in the Premier League table at the moment and there could be a good reason for that!

When looking at net spend on transfers over the past three seasons each one of those clubs has outspent us.

Everton has spent £194m net,  Wolves £192m net and Leicester City £172m net compared to West Ham’s £109m net over the same period.

Looking at total revenue over the past three years with Everton and Leicester City compared against West Ham. Leicester City earned £521m with Everton on £482m with West Ham on £501m over the same period. Everton’s revenue last season was £189m which was £14m ahead of West Ham at £175m.

Everton also comes out on top when it comes to cash injections from owners, incredibly Farhad Moshiri has made shareholder loans from an Isle of Man company he controls worth £330m over the past three years at zero per cent interest with no repayment date or schedule.