West Ham's spending

ecc · Post by **ecc** » Sun Jul 15, 2018 11:10 am

The Seedy Ones are splashing the lolly.

£41m on Felipe Anderson
£22m on Diop
£18m on Yarmolenko
£7m on Fabianski
£3m on Balbuena

And Wilshere will have a nice signing-on fee.

Fabianski is a good signing. Felipe Anderson looked good at Lazio but that's a lot of money. Yarmolenko is a real gamble. Dortmund got rid (at a loss) after just one season.

The eel-eaters will be invading the tax payers' turf come September if they're not winning.

Petersa · Post by **Petersa** » Sun Jul 15, 2018 11:24 am

Penny for David Moyes thoughts!

Didn't they have an 18m profit in the January window?

Claretforever · Post by **Claretforever** » Sun Jul 15, 2018 11:25 am

They’re spending it because the fans kicked off last season.

Steve1956 · Post by **Steve1956** » Sun Jul 15, 2018 11:27 am

Please get relegated.

RammyClaret61 · Post by **RammyClaret61** » Sun Jul 15, 2018 11:27 am

Also with very little if any running costs, they have it to spend.

claretblue · Post by **claretblue** » Sun Jul 15, 2018 11:31 am

principal sponsor?

...US!

Bordeauxclaret · Post by **Bordeauxclaret** » Sun Jul 15, 2018 11:50 am

Can see it going one way or the other.

They’ll have a season like us last year or be in relegation trouble. Hopefully the latter.

LeadBelly · Post by **LeadBelly** » Sun Jul 15, 2018 11:58 am

You'd think that they'll be letting a few go. I guess Hart & Collins will be off the payroll but they need to get rid of 3/4 more (and maybe recoup a few £mill in the process).
Antonio is the favourite but Kayoute got a lot of criticism last year as well. (I see they have Carroll injured already & out for a couple of months).
Like a fair few on here, I hope they are fighting in the "relegation zone" come next spring.

SpringHillClaret · Post by **SpringHillClaret** » Sun Jul 15, 2018 12:00 pm

I suspect this will end in tears .... and with a few protests in between.

cutsy123 · Post by **cutsy123** » Sun Jul 15, 2018 12:14 pm

ecc wrote:The Seedy Ones are splashing the lolly.

£41m on Felipe Anderson
£22m on Diop
£18m on Yarmolenko
£7m on Fabianski
£3m on Balbuena

And Wilshere will have a nice signing-on fee.

Fabianski is a good signing. Felipe Anderson looked good at Lazio but that's a lot of money. Yarmolenko is a real gamble. Dortmund got rid (at a loss) after just one season.

The eel-eaters will be invading the tax payers' turf come September if they're not winning.

Theyl still finish below us

ClaretJimmy · Post by **ClaretJimmy** » Sun Jul 15, 2018 12:47 pm

I was just about to make a thread on this. How can they afford to spend those obscene amounts? They were in the Championship not so long ago and could quite easily have gone back a few times since. I hope they go the way of QPR

Quickenthetempo · Post by **Quickenthetempo** » Sun Jul 15, 2018 1:13 pm

Transfer fees are spread over length of contract, so 3 to 4 years in most cases.

If they made a profit last year on transfers and keep getting premier league money,then it would be easy to finance these deals.

Wage bills Vs money coming in is where clubs come unstuck. But West Ham should be raking it in at the new stadium.

SGr · Post by **SGr** » Sun Jul 15, 2018 1:28 pm

ClaretJimmy wrote:I was just about to make a thread on this. How can they afford to spend those obscene amounts? They were in the Championship not so long ago and could quite easily have gone back a few times since. I hope they go the way of QPR

As quickenthetempo stated, the fees will not be lump sums, rather spread over the contract (like we do). Also, their owners have a lot to spend and they’ve faced a backlash over the lack of spending. Fees aren’t the worry - it’s the wages. Javier Hernandez, who spent last season mostly on the bench, is on £140k a week.

ClaretJimmy · Post by **ClaretJimmy** » Sun Jul 15, 2018 1:58 pm

could all go tits up very easily if they don't gel or can't cut it in the PL.

tiger76 · Post by **tiger76** » Sun Jul 15, 2018 2:20 pm

They'll do an Everton,too many overpaid mercenaries,who won't gel as a team,if it goes really badly they could be in the bottom 3 come Christmas.

DustyBawls · Post by **DustyBawls** » Sun Jul 15, 2018 2:27 pm

Mud, wall and sticks.

Blackrod · Post by **Blackrod** » Sun Jul 15, 2018 2:41 pm

None of those names look like they will rip up the PL and not sure they will help make a team. Add Dawson at £20 million plus £75k a week wages and it could go horriblly wrong for the porn barons and that mutton Brady.

DustyBawls · Post by **DustyBawls** » Sun Jul 15, 2018 2:44 pm

I hope it does. I'd love to see them relegated.

Winstonswhite · Post by **Winstonswhite** » Sun Jul 15, 2018 2:49 pm

See, pitch invasions DO work.

Those Rovers gaylords could only muster up the occasional chicken thrown on the pitch and graffitied Staffie and that’s why nowt changed.

bfcjg · Post by **bfcjg** » Sun Jul 15, 2018 2:51 pm

They're forever blowing budgets

Long Time Lurker · Post by **Long Time Lurker** » Sun Jul 15, 2018 2:52 pm

They made £43m last season, but £28.4m of that was from player sales and £8.7m was from the sale of their ground. So they actually made about £6m from general operations. If you take into account their ongoing debts and substantial wage bill they aren't as rich as many people think.

https://www.whufc.com/news/club-account ... or-2016-17" onclick="window.open(this.href);return false;

The link to their actual accounts is at the bottom, although they are nowhere near as transparent and user friendly as our own accounting statements.

In addition to the current round of spending they also have a £30m short term loan to pay back at the end of July and the terms for offshore loans have been changed recently. They also have the backwash transfer payments from previous windows to cover.

It's rumoured that they are spending in response to fan pressure, but I'm guessing the primary reason for their lavish spending is that Gold and Sullivan are putting a risky exit strategy in place.

It wasn't too long ago that Gold and Sullivan owned Birmingham City. The fans kicked off, although not to the extent that the West Ham ruffians have, and after voicing their displeasure they quickly sold off their interest in the club. I think the same thing could have crossed their mind in response to the abuse and coin tossing of the West Ham fans.

https://www.theguardian.com/football/20 ... ghamcityfc" onclick="window.open(this.href);return false;

Unfortunately, after dancing around the relegation zone, difficulties over the stadium, scenes of near rioting from fans and broadcast abuse of their owners (in tandem with our glorious 3-0 victory, well behaved fans and exemplary conduct from our players) they can't have looked like an attractive investment.

Buy this club and you too could experience these results, these problems and this level of abuse.

So I'm guessing they have gambled and spent big to secure a position further up the table which will appease the fans, settle the unrest and make the club more attractive. They will then look towards selling the club and moving on after the penalty payment clause attached to the stadium expires in 2021.

Fatten the cow, leave on a high, dump the stress and make a very big profit.

If it all goes tits up the fans can't really complain because Gold and Sullivan have done exactly what the fans have asked them to do, spend every penny they have (and possibly don't have) in the pursuit of match day success.

Royboyclaret · Post by **Royboyclaret** » Sun Jul 15, 2018 3:11 pm

Tend to agree that the owners are throwing everything at success this season in a bid to appease the fans and then probably put the club on the market. They are a so different to us in every respect and two figures stand out on the P/L account. Income is £183m (Burnley £121m) and Wage bill is £95m (Burnley £61m).

As regards the Income difference, they are light years ahead of us in terms of Matchday Income, catering, retail and other commercial activities. Their figure is a whopping £64m compared to our £16m, so a lot of catching up for us to do in terms of sponsorship etc.

However, in the financial year just ended our Broadcast Income will exceed theirs based on our improved league position compared to them.

Top Claret · Post by **Top Claret** » Sun Jul 15, 2018 3:12 pm

I hope it all goes tits up for West Ham. Loved by the London media but loathed by the public with there loud mouthed obnoxious fans.

Vegas Claret · Post by **Vegas Claret** » Sun Jul 15, 2018 3:36 pm

Hammers will finish 7th or 8th this time around, Pellegrini is a top manager which is something they haven't had

Royboyclaret · Post by **Royboyclaret** » Sun Jul 15, 2018 3:45 pm

Vegas Claret wrote:Hammers will finish 7th or 8th this time around, Pellegrini is a top manager which is something they haven't had

They finished 7th in '15/'16 but it hardly improved stability at the club.

Blackrod · Post by **Blackrod** » Sun Jul 15, 2018 3:58 pm

Vegas Claret wrote:Hammers will finish 7th or 8th this time around, Pellegrini is a top manager which is something they haven't had

Can't see this at all.

tim_noone · Post by **tim_noone** » Sun Jul 15, 2018 3:58 pm

SGr wrote:As quickenthetempo stated, the fees will not be lump sums, rather spread over the contract (like we do). Also, their owners have a lot to spend and they’ve faced a backlash over the lack of spending. Fees aren’t the worry - it’s the wages. Javier Hernandez, who spent last season mostly on the bench, is on £140k a week.

Is that all??

BOYSIE31 · Post by **BOYSIE31** » Sun Jul 15, 2018 4:04 pm

ClaretJimmy wrote:I was just about to make a thread on this. How can they afford to spend those obscene amounts? They were in the Championship not so long ago and could quite easily have gone back a few times since. I hope they go the way of QPR

We could match something similar with the finance we receive but we choose not to do so.

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Sun Jul 15, 2018 4:28 pm

https://twitter.com/SwissRamble/status/ ... 72064?s=19" onclick="window.open(this.href);return false;

Swiss Ramble twitter thread about West Ham's 2016/17 finances.

Colburn_Claret · Post by **Colburn_Claret** » Sun Jul 15, 2018 5:43 pm

You can't buy a team, it takes time.
They can splash the cash, but unless success is instant it will all unravel. Just as it always does with West Ham.

Devils_Advocate · Post by **Devils_Advocate** » Sun Jul 15, 2018 5:46 pm

GodIsADeeJay81 wrote:https://twitter.com/SwissRamble/status/ ... 72064?s=19

Swiss Ramble twitter thread about West Ham's 2016/17 finances.

Not seen this site mentioned for a bit. That Sidney bloke who used to post on here always used to bang on about it and link it into posts

ClaretJimmy · Post by **ClaretJimmy** » Sun Jul 15, 2018 6:05 pm

BOYSIE31 wrote:We could match something similar with the finance we receive but we choose not to do so.

I wouldn't feel comfortable with us spending that kind of money, it's wouldn't suit us and we would soon lose the in it together feel around the squad/club

boatshed bill · Post by **boatshed bill** » Sun Jul 15, 2018 6:09 pm

tiger76 wrote:They'll do an Everton,too many overpaid mercenaries,who won't gel as a team,if it goes really badly they could be in the bottom 3 come Christmas.

So they will finish 8th or 9th? They would be delighted.

tiger76 · Post by **tiger76** » Sun Jul 15, 2018 6:18 pm

boatshed bill wrote:So they will finish 8th or 9th? They would be delighted.

Yeah! but they would have too ditch Pellegrini and call BFS

IanMcL · Post by **IanMcL** » Sun Jul 15, 2018 10:23 pm

May relegation beckon.

bfcjg · Post by **bfcjg** » Tue Jul 17, 2018 6:43 pm

Just been announced that almost half a million pounds of tax payers money has been spent on two marketing companies in a failed attempt to get a sponsor and naming rights for the London Stadium. Apparently there might be some sort of investigation.

randomclaret2 · Post by **randomclaret2** » Tue Jul 17, 2018 6:47 pm

Im assuming it will be a tax payer funded investigation and will find West Ham are free to carry on taking the **** as before

Shore claret · Post by **Shore claret** » Tue Jul 17, 2018 6:52 pm

I wonder how much pelligrini is on? Can't see him going to that madhouse unless they waft some serious money under his nose.

KRBFC · Post by **KRBFC** » Tue Jul 17, 2018 7:05 pm

Shore claret wrote:I wonder how much pelligrini is on? Can't see him going to that madhouse unless they waft some serious money under his nose.

Managers pay is nothing compared with the players fees etc, I think Mourinho is on around £13M a year.

Tuddybfc · Post by **Tuddybfc** » Tue Jul 17, 2018 7:17 pm

Really irritated me last season when their fans were kicking off over lack of spending despite 140k wages for Hernandez, 25m for Arnautovic etc. Would give me great pleasure to see them flop again this time, I give it until October until they’re crying for more spending.

Paul Waine · Post by **Paul Waine** » Tue Jul 17, 2018 8:24 pm

Apparently, if London Legacy manage to find a naming sponsor for London Stadium half the money goes to WHU after the first £4 million to the stadium owners. So, far £450,000 has been spent to find a sponsor - all at taxpayers expense - and no one has signed up.

http://www.bbc.co.uk/sport/football/44848750" onclick="window.open(this.href);return false;

Woodleyclaret · Post by **Woodleyclaret** » Tue Jul 17, 2018 8:48 pm

You cant buy team spirit.West Ham will stuggle again this year.

Japebe43 · Post by **Japebe43** » Tue Jul 17, 2018 8:50 pm

Why are you so bitter about other teams spending? You have your approach, we all know it, doesn't mean others have to comply with it.

northernpowerhouse · Post by **northernpowerhouse** » Tue Jul 17, 2018 9:15 pm

Pellegrini, Fabianski and Yarmolenko are great signings. Anderson could be a risk but chances are they'll do well this season.

Burnley1989 · Post by **Burnley1989** » Tue Jul 17, 2018 9:31 pm

Japebe43 wrote:Why are you so bitter about other teams spending? You have your approach, we all know it, doesn't mean others have to comply with it.

I’ll give you that. We did the same with Derby, Boro, Brighton, Blackburn, Leeds to name a few!

WestHam’s turn this year

Woodleyclaret · Post by **Woodleyclaret** » Tue Jul 17, 2018 10:06 pm

I'm not bitter .I just hate chancers who flaunt the rules re spending and appear immune to punishment.I also hate media darling teams .

tiger76 · Post by **tiger76** » Tue Jul 17, 2018 10:07 pm

Japebe43 wrote:Why are you so bitter about other teams spending? You have your approach, we all know it, doesn't mean others have to comply with it.

Because their spending is enabled by getting a spanking new stadium for free,and they are bunch of jumped up East End wide boys,FGS look at their pin-up boy Danny Dyer says it all.

ecc · Post by **ecc** » Tue Jul 17, 2018 10:34 pm

I know it used to be a (sort of) joke on here (well on CM actually) when someone at the club (I think, or was it an urban legend?) - Edmundson (?) - spoke about the "Five-Year Plan", well West Ham could do with one. Or even a "Five-Minute Plan", come to that. If the DBs do actually have a business plan it's hard to make it out. Regular changes of manager, scattergun recruitment and with "fan alienation" seemingly their core business (oh and ripping off taxpayers).

They are really pushing the boat out this time but I doubt it will work.

tiger76 · Post by **tiger76** » Sat Aug 18, 2018 10:54 pm

2 games in and they are propping up the league,who they going to blame now Joe Hart has left the building.

Looks like they will be forking out again https://www.bbc.co.uk/sport/football/45208151

tim_noone · Post by **tim_noone** » Sat Aug 18, 2018 10:59 pm

Empty seats