Wednesday, July 1

Money's too tight to mention?

There's a good piece on why West Ham can't afford to be relegated on BBC Sport. It contains some worrying figures, not least the fact that the wages to turnover ratio is 71 per cent and that the club wage bill has increased by £51million since 2016. The club made a pre-tax loss of £28m last year and borrowed another £39million during coronavirus, with Sullivan and Gold also putting in £30m.

You wonder who would buy expensive misfits such as Haller, Anderson and Fornals. They would all have to be sold at a loss and we might be left trying to build a team around whoever was left. Who would want to stay? Maybe just Noble, Cresswell, Fredericks, Johnson and Snodgrass. 


It's also hard not to agree with the conclusion of Simon Stone's piece: "All this adds to the scrutiny around a club who have top-six potential on every metric - fans, turnover, transfer spend, wages, location and stadium capacity - but have finished there just once in 34 years."

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