Massive player investments cause huge loss for West Ham
28 January 2020
The club's player investments last season turned a profit into a huge loss, West Ham's just-published financial accounts for the 2018/19 period show.
Staying in the Premier League is essential for "the future wellbeing of the club."
As a result of squad investments, the club's wage bill is up, as is amortisation.
West Ham spent a significant amount on players last season, resulting in a loss of £28.2 million, the club's just-published financial accounts for the 2018/19 period show.
The results are in line with those forecasted by offthepitch.com analysts. Their profit was £18.3 million in the 2017/18 season.
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