West Ham United will play a big part in a potential record Premier League transfer window set to top a staggering £1.5bn.
It was always going to be a busy summer window for West Ham.
David Moyes had said as much himself with a big rebuild needed following a raft of departures.
Moyes has told fans he sees a bigger, stronger, better squad and a ‘changing of the guard’ at West Ham this summer (The Evening Standard).
Six or seven quality signings are needed in key areas.
And it has been a positive start to the window with excellent defender Nayef Aguerd signed for £30m and a deal to make Alphonse Areola’s loan move permanent for around £10m completed and to be announced next.
That takes West Ham’s spending to the £40m mark with at least four possibly five new arrivals still to come including a striker, new central midfielder and left-back.
It is looking highly likely if not inevitable that West Ham will surpass their record single window outlay of around £90m (net) during the great splurge of 2018 under Manuel Pellegrini.
And rightly so. Moyes and the fans deserve to see such financial backing from the Hammers boardroom.
West Ham will play big part in record Premier League transfer window set to top staggering £1.5bn
And it seems West Ham will play a big part in a record Premier League transfer window set to top a staggering £1.5bn.
The Athletic has been analysing the finances of the summer transfer window so far for Premier League clubs.
And West Ham kicked off a £107m week with the signing of Aguerd.
It was followed by five transfers elsewhere in the Premier League worth in excess of £107m.
That takes the total in the current window to £413 million already.
And that figure is expected to at least treble before the window closes at the end of August.
West Ham’s transfer outlay will likely mirror that trajectory too given they have expensive areas of the pitch still to recruit for.
“There is some way to go to call this the biggest transfer window for English football’s top division,” The Athletic explains.
“The summer of 2017 continues to hold that distinction after £1.43 billion was spent inside 10 wild weeks, but the expectation is for that figure to be surpassed if the opening month of this window is a guide…
“There is restored confidence in the market and plenty of clubs have wasted no time with their recruitment — agents have spoken of June being the busiest they have known it.”
One would expect West Ham’s spending to comfortably surpass the £100-120m mark and perhaps creep towards the rumoured £150m.
And at this rate that will amount to around 10 per cent of the overall Premier League spend which could – as The Athletic correctly states – be a record window in the history of the English game.
West Ham and their rivals are clearly empowered and emboldened by the record overseas TV rights deal which effectively guarantees every Premier League club an extra £500m in revenue between now and 2025.
Some clubs may be getting business done early. But many have not even got started so the overall total could threaten to totally eclipse the previous record.
And West Ham will be involved right in the thick of the transfer action.