A lot of fans understanding of leaving Upton Park for the London Stadium was that we would be debt free, however as it turned out, it was in regards to being bank debt free. So, how much do West Ham United owe on loans? And how much of it is to shareholders?
As part of the loans, comes interest. A big criticism of David Sullivan and David Gold from fans and while the chairmen point out they have never taken a salary or dividends, and this is correct, just how much have they charged the club?
The significance of these years accounts as it allows us to have a look at the difference between The Boleyn and Stratford’s turnover, with a 61.5% capacity rise, the ticket sales have increased less than 10% due to affordable football, another stipulation for the move.
In this episode of Hammers Chat insights, we take a look at all the important figures from the accounts as the club announced a record turnover and record profit. Answering all of the above questions and more.
You can view the full accounts report on companies house website by clicking HERE
Please comment your thoughts at the bottom of the video regarding the accounts or if you enjoyed the video. Also please give the channel a follow if you don’t already, as we will be doing more Insight videos over the coming months along with our regular content.