West Ham Utd Accounts

[happyhammer4eva]

Cheers but i'm not very good at looking at accounts. Are we f_ucked?

[Whiskyman]

I am no accountant but would be interested in the opinion of those who know better!

It seems to me that we have just had a 45million debt added as money we, our club, now owe our owners. I suspect the debt free pledge means bank debt free only. Are our owners borrowing money secured on the club to buy the club.

my partner is an accountant...has been for over 20 years for a big company in the city..i asked her to take a browse at this...she reckons the club is in quite a healthy state compared to where it was before G and S took over..she looked into other clubs accounts (which is easy to do) and i was amazed when she said our club is in a better state than many others in the premiership...some clubs that are also "much bigger"..so maybe we should know what we are talking about before we slate our owners,as we are in better shape than we have been for many a year,

COYI[/quote]

If your

[whusc]

I am no accountant but would be interested in the opinion of those who know better!

It seems to me that we have just had a 45million debt added as money we, our club, now owe our owners. I suspect the debt free pledge means bank debt free only. Are our owners borrowing money secured on the club to buy the club.

my partner is an accountant...has been for over 20 years for a big company in the city..i asked her to take a browse at this...she reckons the club is in quite a healthy state compared to where it was before G and S took over..she looked into other clubs accounts (which is easy to do) and i was amazed when she said our club is in a better state than many others in the premiership...some clubs that are also "much bigger"..so maybe we should know what we are talking about before we slate our owners,as we are in better shape than we ha

[dorsetdano]

Whether their sponsors are owned by relatives is irrelevant, if it's a separate legal entity then it's OK for them to spend silly money on sponsorship and help circumvent the rules. As usual what will happen is some clever clog somewhere will engineer around the rule, then someone will try and bring in another rule that they think will sort it out, but it won't. It's one of the many problems with capitalism. The problem is all the other systems are even worse

[avit]

What are you lot going on about? ffs

I blame Championship Manager

Jumpers for goalposts

[WHU]

i don't think there is one person out there that 'feels' the club is in as bad shape financially as before the current lot took over

the tabloid boys are sharks but savvy sharks

we were daily fodder for these lads not so long ago

i detest some of the managerial things going on at the club but it's probably amongst the top six clubs in this country on the 'efficiency and maximising potential and income' front