Billionaire owners but we are skint? | Do West Ham really only have £50m to spend on transfers?
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- Опубліковано 23 чер 2024
- In today's video, we dive into West Ham United's financial situation as the summer transfer window heats up. Despite fan expectations for significant signings, the Hammers are working with a modest budget of £60 million. With recent player sales generating an additional £11 million, the club has about £51.5 million left after their recent acquisition. We'll analyze how this impacts their ability to meet the £45 million valuation for target Max Kilman and explore potential strategies for strengthening their squad within these financial constraints. Join us as we break down the numbers and assess what's next for West Ham in this crucial transfer period.
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As Geronimo once said, Sullivan speak with fork tongue. ⚒
I think we should all try the good old fashioned - waiting and seeing. 👍🏻⚒️
If any of this is true then we're not spending £20m on an 18 yr old, or bidding for Kilman. We more or less know we bid for Samu, the Atletico striker, and that wouldn't have been pennies.
It's blatantly not true.
but the click bait
The 'how much money have we got?' question pops up every window. It's slightly less interesting than the 'which player we've never heard of are we gonna get angry about not signing?' question?
Steidten is a genius remember. We don't have to worry any more.
Can’t see us spending massive money on a Brazilian youngster to be integrated immediately and leave ourselves short for players to hit the ground running don’t make sense don’t add up absolute BS
We haven't spent massive money on him.. It's £19 million plus add ons and not upfront...
@@TheFraserDe considering there’s only 51mil left apparently means we have spent over a quarter of the budget on him I’m not moaning just putting things in prospective that’s why I don’t believe we are skint
@@markblondrage2776the money we apparently have is a lie plus we have sold kehrer and will sell benny which will cover the guilherme fee plus freeing up wages do not believe the lies
@@markblondrage2776 Yeah but doubt it, sounds like bs... We'd only pay a quarter up front anyway...
2 main reasons this is complete bull sh*t
1) we signed a Brazilian youngster who's not expected to go into the 1st team right away for a big portion of our so called summer budget
2) lopetegui has history of leaving clubs because he's not got any money to spend
This window was based on the Paq transfer happening, with the residuals from previous windows being trousered. IMO of course.
I feel like this conversation comes up every summer transfer window. It did when we had a £100m net spend a few seasons ago
If it's true that we only have £50m to spend then Lopetegui should just leave because the board are clearly lying to him. I read this 3 weeks ago:
Today is the final day of West Ham’s financial year and it looks like a record turnover with the Hammers earning a million pounds per day in revenue.
The Hammers are likely to record a turnover of £365m thanks to a good European run, a ninth-place finish in the Premier League and the sale of Declan Rice in this financial year which finishes today.
This season West Ham will book a full £100m profit on Declan Rice as he was sold to Arsenal on 15th July last year six weeks after last year’s Hammers’ financial year-end.
In a twist of fate, sales are recorded in the single financial year they are sold in the accounts, unlike incoming transfers which are spread over the life of the contract.
West Ham is likely to earn £148m from Premier League TV money this season with an Equal share of £91.7m, TV facility fees: of £19.2m, and merit payment of £37.4m with the Hammers finishing ninth in the Premier League table.
Add to this an estimated £23.5m earned from the Europa League prize money in a cup run to the quarter-finals.
Ticket match day revenue is likely to reach £45m plus commercial/sponsorship of another £35m revenue plus retail sales of around £13.5m
That would create a record turnover for this season of around £365m way above the £253m recorded two seasons ago.
I think what some overlook is that the financial year doesn't end till June 30th, so you could have at present a surplus to spend from, June of last year's accounts, and when this financial year ends you should have the transfer budget for 24/25 set, Tim could at the moment be working with last years budget with more to follow from July 01st including sales, european market doesn't start till July 01st and the Saudi market is July 14th I believe.
Excellent point Steve
Well said, and you may be right
Our board a bunch of slippery charlatans?!?! NEVER!!!!
You better believe it .. OH YEAH!
Our best window in recent years was the one we got payet. We got in about 8 players, good value and early. And we pretended we had no money. Since then, we have told everyone our striker woes, so everyone knew our player and striker budgets. At this moment we could have anything from £50-150m left, which means we are in a position to attempt to negotiate rather than permanently ripped off begging for players by teams who know our budget.
Also Phillips loan cost was offset partially by the benni loan payment by lyin. 4.5m of the 17m
Man City got good money for mahrez and Newcastle got good money for saint- maxim. Same club also has Frank kessie from Milan, firmino and mendy from Chelsea.
Hope we get as lucky
I think it’s a negotiating tactic for sure, it has to be convincing.
Your absolutely right. They need to draw the prices of players down
It's a lie Gio. Club PR spin to keep negotiations low.
If true, which I don't believe, Lopetegui will walk. He's got previous.
Exactly, he wouldnt have signed on otherwise
Don't worry he'll give you 3 days notice 😂😂😂😂@patrickjoel4041
Don't worry he'll give you 3 days notice before the Premier league starts 😂😂😂
Corinthians striker Yuri Alberto I’m sure was the Brazilian striker we wanted.
Can't be correct....why spend 30 million on an 18 year old we did not need 🤷🏻♂️ although our transfer logic in the past overall has been awful
This is exactly the things the board should be saying in or coming into a transfer window. Paying willy nilly for whatever mediocre players gets you what Everton are now and as a West Ham Fan....its not a road I particularly want to veer down. COYI's!!!
Guilherme was given guarantees by Tim steiden that we were going to build an exciting new squad under Lopetegui in order to convince him to sign so I cannot believe they would both be lied to especially with Lopetegui’s history. Let’s just hope this is all turns out to be smoke & mirrors and the start of something exciting, otherwise things could turn ugly and nobody wants to see that happen.
Just digressing, buy would it not be total lunacy to sell Downes when it's possible that Alvarez might be out with a potentially serious hamstring problem?
100%
Especially if the reported £15m is correct. He was the best midfielder in the championship last season & if we were looking to sign the best midfielder in the championship it’d cost us £25-30m.
J Lo s getting his bike ready !
I cant see it being true only because lopetigui would not have signed up for that he left wolves because of money and it was more than that what you are saying xx
When we sign a player, the transfer fee is split over the length of a contract and when we sell a player, the transfer fee received is and can be added to the financial sheets of that season instantly
I've heard we have up to 150m to spend (in reality we won't though) but if we went along with 50m;
a player signed 50m on a 5 year deal would only count as 10m for the transfer budget each season (10 x 5)
We would have 40m
then If we sell a player for 10m
we could theoretically still spend 50m as selling a player for 10m would cancel the 50m signing out - player sales aren't spread out like player signings on financial sheets
It just takes away from future season transfer budgets, that 50m over 5 years player would take 10m away from budgets for the next 5 years and would need a sale worth 10m to cancel that out each season
Gonzo, you need to do a video on the latest PSR avoidance schemes. Chelsea the case in point. Sell Matsen to Villa for 37.5, buy an unknown from Villa rated at 1 million, they pay 19 million !!!. All about academy players and pure profit
This is exactly the same financial sleight of hand Barcelona & Juventus tried to pull with the Artur/Pjanic transfer (inflated fees that freed up FFP space).
Deja vu with Lopetegui and us (Wolves), didn't end particularly well.
Managing expectations !!!!
Kudus one more season, Gully is his replacement obviously. Yet we've got to get 2 centre backs and 2 strikers from 50 mill. Ha. 12th-15th next season.
Maybe it’s 50£ million on the first payments this transfer window. We buy 5/6/7 players at many millions but always a long term contract with payments spread as always so the 50 million is just expected 1st year payments ⚽️
There are only two possibilities 1) Its not true and its subterfuge intended to confuse ahead of future bids. 2) The owners are greedy and are trying to squeeze the pips of the clubs maximum available transfer budget.
I think JLo would walk if this was the case Gonzo. More likely a tactic or as someone else said a tax issue....
I think they are protecting against losing Paqueta. Take his 80 mil loss from the 130 mil and we are left with 50 ish
Confirms what I’ve been thinking. Nobody has a clue what’s going on in terms of transfer in/outs, how the club is being run, etc.
All speculative and supposition, waste of time.
What about fornals and benni money
Why is Sean Whetstone the mouthpiece for the club?
If that is true how can Tim and jlo rebuild the squad, I don’t think either would be in the job if that was the case , we surely wouldn’t spend £25 million on a young Brazilian if true or bid for kilman
They won't be for very long. Sullivan and his dodgy spiv agents will already be up to their tricks
What we need to know is what do we still owe on some of the players we bought last summer ?
If this true can see can see mid table maybe bottom half
I’ve never seen us linked to so much crap, the latest is a Watford midfielder, dear god.
If this is true. It's going to kick off massively. I've long suspected GSB will disappear at the 1st sign of an incoming labour government. But not even that is an excuse for such a pitiful spend .
Where's the league, europe and ticket money ???
Now everyone knows what Moyes had to put up with.
He spent bloody loads he spent 500m 😂😂😂😂😂
We have pissed a lot of money up the wall. We may be writing-off Paqueta valuation as well. That’s £40 mil down the drain potentially.
Seeing the headline before watching the video:
1) surely we all know about FFP and living within means
2) an owners finance is practically irrelevant these days- the income really has to be self generating. And there has been some good articles on how disastrously we have traded for too long- Anderson, haller, Scamacca, vlasic etc huge, huge loses
3) a billionaire putting in 100 million per transfer window would spend his personal fortune in 5 years. Never going to happen
You clearly know very little about ffp,we are nowhere near failing it and are soon to release profits of over 300million
Wolves fan --- max kilman has Man U Spurs after him etc I think if he goes we will get what we’re asking for I think the Hammers would have to up their bid he’s the club captain and has recently stated he’s happy at wolves but who knows
We shouldn't believe any rumour until it has been officially denied.
If Sully says we have no money, then we have a lot of money to spend but want to get good deals.
If Sully bothers to say that we have gone off of a player, then we like him but we want their wages and price to be lowered.
If Sully says that we value a fringe player, then we don't but we want to drive his price up.
If Sully says something, then he is up to something... *insert futurama squinty eye meme^
Well done hungry
We were chasing George Michael's as well lol
Can’t see it gonzo as you say we had 75£m in the pot according to Sean last year we haven’t spent a penny of that and we got extra since and we’ve only signed a couple of players one on a free lol I believe we’d signed and passed medical? 🤷🏼♂️😂⚒️⚒️❤️
Wes*
Is that 50 million without players sold
Would the new manager have joined if this is true.Remember why he walked away from Wolves
We have lost millions on players in the last few years... Apart from Rice who was home grown who was the last player we sold and made a profit on??
Every summee they say west ham are skint and its always come out when trying to sign a player but not wanting to overspend and hope rhe other team is gullible and say oh well then if you cant afford 45m for killman take him for 30m. Never works and whonwould believe it after the money spent on a brazilian kid who is destined for the bench
I don't believe it we are keeping our cash close to our chest
Answered your own question, where's the coin gone = billionaire owner.
And like my dreams... COYI
Its smoke and mirrors. We have had 3 seasons of european revenue and sold players. If the club comes out and says we have over 100 million to spend we will get our pants pulled down on every transfer
Silly Tryin 2 MUG Everyone Off-Kidman bang average…Carry On West Ham
I refuse to believe we are ‘skint’ if we are spunking £30m on an 18 year old unknown and potentially £35m on Kilman??
Pure speculative BS
There acting like all the money left over from last year is gone. Like it doesn’t get carried forward. Where has it gone ? I can’t say I am surprised by any of the bull hang that’s been spouted. Hardly taking any Intrest in the window this year. Until they sign and hold up the shirt or when the window shuts is when I’ll start to take notice and have an opinion . Same old circus 🎪
SULLY Tryin 2 MUG Everyone Off-
Kilman
😅bang average…Carry On West Ham
As Uncle Junior would say on The Sopranos With a Virginia ham under her arm, crying the blues cos she has no bread
Why should any club make public noise about the amount of transfer funds? With WHUFC there’s no however, we fans need to be patient, keep calm & carry on! Stirring the rumour pot doesn’t help either.😂😂
If it is true why would we spend all that money on 18 year old kid who probably won't start in first team straight away 🤔 just don't make sense
Because it isn’t true sean lies
Suli spent the Rice money on his birds breast enlargements and fanny reconstructions 😂
He can't reach those breasts without a stall to stand on 😂😂
We cant be skint, it dont make sense. before J-Lop came to us, the board knew the contract situtaion we have this simmer. We have money left from the rice sale, last winter window and the fact we have turned a big profit, 3rd profitable prem club. We just cant go around saying we have 150ml plus player sales or selling clubs will just overprice there players even tbuogj in saying that if a prem club comes in for a player abroad that happens anyways. Knowing J-Lop will walk with no backing is another point. our budget will need to sell a few players, Ings, Aguerd, Zouma and Downes just to name a few but that are players we knew will go this wjndow. Its just journo's hating on club
Fifty mil to spend stinks ,but expected from me owner didn't want to lose moyes fans got rid of him now got new guy in and owners will get couple players in but there saying that's it let new manager sort team out and you fans will have to live with it
Moyes & Sullivan wasted tens of millions with his stupid signing over the past 4 years
Maybe just maybe…. They don’t want everyone to know they have a lot of money to spend. Ffs how stupid can people be!
If we are short of money we should only buy the players we need a striker and one good central Defender
To play alongside Starbucks and say goodbye Zuma just get him off the wage bill and pay him severance pay nobody is going to pay money for him so just make a deal out of his contract
Was I the only one who saw us spend 80m 2 summers ago and realized we were spending the Rice money early? Everyone else just thought Sully decided to stop being a cheap prick
C’mon Kris , have you genuinely not heard of player amortisation ?
2 steps forward 5 back same old shit
Oh shut up you 🛎️ end
I don't believe any of it. Whetstone is reporting what he's been told to report by the Dwarf. I reckon we close to £80-90m on budget.
130m easily sean is a sullys puppet hes a liar both r
Stop buying whatever Whetstone or the TKN’s (The Know Nothings) tell you
This is why I don’t watch fan channels over the summer or use Twitter at all
But I literally said I don't believe it in the video.
No offence but if you tried to give me a Cresswell shirt I'd unsubscribe 😂
You know the famous Donald Trump book "The Art of The Deal" Sullivan has never read it!
Always smoke and mirrors with these guys. It begs the question why did they allow such wastage by Moyes yet leaving us with such a small old squad…oh and by their words (what they are worth) wanted to keep him on? Terrible management and this all just backs up my contention that a Club like us can’t afford the way of doing Moyes business. Now the FFP BS. Fact is we will, due to the financials, be able to spend more money (a lot more) this Summer than next, so are they simply using thus as an excuse to keep or should I say ‘put’ money in the Billionaires pockets or are they simply saving money to spend next year though not clear if that can actually be wangled to fit so hey maybe the first is the more likely.
I will conclude from the above ( and a lot more if one wants to see it) is all part of the process of keeping the Club ticking over while they concentrate on furthering their developmental ambitions. That’s the only true carrot they, or to be precise Brady, could dangle in front of Middle Eastern investors and the biggest concern seems to be that even that ‘vision’ couldn’t attract interest. Fact is they just want investment so that they don’t have to invest any of their own cash into the club as a cost to them, while they seek this eventual killer deal. One presumes the potential investors, as no doubt Kretinsky have seen through that and perhaps this killer deal isn’t quite as close or obtainable as they would like to project, which in itself would explain why they don’t want to put in their own money (but prefer to milk new investors funds) or otherwise reduce the available assets in the club they can avail themselves of over time, even though the fact is under FFP standings at present expert analysis (if the facts as attainable are true ie the most recent accounts etc) we should be able to spend as much as 140m this Summer before further outgoings. Even if they don’t wish to spend that it certainly makes a mockery of the 50m remaining, esp when as I say they persisted with a Manager who was never going to add value through player dealings and we were lucky enough to have had the one off Rice income. Fact is they want to spend as little as possible while getting as much ‘success’ as possible on a budget to hide the real motives behind all this from what they see as a gullible fanbase. They see TS as just a another way of achieving that while a ‘proven’ in Sullivan’s eyes relegation avoiding Manager does the rest and making the most of that modest budget using FFP as the cover.
Don't make sense, they said 7 players....in
Loans, free transfers 🤣⚒️
It's based on the Rwanda deal.
So it's the geriatrics again next season. Old Sulli poking his nose in again. Anyone up for a relegation scrap?
Moyes lost money on every single signing other than rice- this is why he was awful for the club.
Exactly, the archaic tactics was enough, but his transfer carnage alone was a sacking offence.
It’s not going to be £50m. Far too much flip flopping on what the budget is. Need to ignore the crap coming out from the club via different plants. We know roughly what funds should be available from the last few windows. Do you think Lopetegui would have bothered to come to West Ham if we only had 70m to spend. Nope.
It's just the propaganda machine in full works don't believe it coyi
Smoke n mirrors ?
Easily mate
What a load of nonsense
Smoke & mirrors JLo has been sold a pup then 😱
Here we go again with the anti Sullivan nonsense. He's constantly singled out and criticised yet when he stumps up £30m for an 18 year old he barely gets a mention if at all. I am not the biggest fan of Sullivan but this constant negativity is utterly unfounded and dripping is bias. All the good things that happened under Moyes, credit was given to everyone EXCEPT Sullivan.