According to a report from Claret and Hugh, West Ham are expected to post losses of around £27 million for the financial year ending in May 2019.
The Hammers are a fairly well run club.
West Ham spent heavily in the summer of 2018. And they didn’t recoup that much.
Felipe Anderson joined for around £41.5 million whilst Issa Diop and Andriy Yarmolenko were brought in for a combined £40 million.
The Hammers splashed out in excess of £90 million that summer. And only made around £11 million in player sales.
The report from Claret and Hugh claims that the east London club have increased their turnover, but made a loss with player transfers factored in.
Considering that this summer West Ham had a net spend of just £25 million, those books should be balanced by the time next year’s financial figures are released.
That is unless the Hammers spend in January, of course. In truth, the West Ham squad clearly needs strengthening.
But it remains to be seen whether David Sullivan and David Gold will be prepared to back Manuel Pellegrini when the transfer window re-opens.