finances, revenues, transfers and salaries West Ham United
Here you will find extensive information on West Ham United finances, transfers and player salaries. We offer you detailed insights into the club's financial situation, including revenue from merchandising, sponsorship and ticket sales, as well as spending on player transfers, salaries and infrastructure. Our website is updated regularly to ensure you are always aware of the latest developments.
General
West Ham United Football Club is an English professional football club who play their home games in Stratford, east London. The club plays in the Premier League, the top division in English football. The club play at the London Stadium, having moved from their previous home ground, the Boleyn Ground, in 2016.
The club was founded in 1895 as Thames Ironworks and re-formed in 1900 as West Ham United. They moved to the Boleyn Ground in 1904, which remained their home ground for over a century. The team initially played in the Southern League and Western League before being admitted to the Football League in 1919. They were promoted to the top division in 1923 when they were also finalists in the inaugural FA Cup Final at Wembley Stadium. In 1940 the club won the first Football League War Cup.
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West Ham have won the FA Cup three times (1964, 1975 and 1980) and have been runners-up twice (1923 and 2006). The club have reached two major European finals, winning the European Cup Winners' Cup in 1965 and finishing runners-up in the same competition in 1976. West Ham also won the Intertoto Cup in 1999. They are one of eight clubs that never lost have been relegated to the second tier of English football, having spent 63 of 95 league seasons in the top flight up to and including the 2020-21 season. The club's highest league position dates from the 1985-86 season when they finished third in what was then the First Division.
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Three West Ham players were members of the England team that won the 1966 World Cup final: captain Bobby Moore and goalscorers Geoff Hurst and Martin Peters. The club have a longstanding rivalry with Millwall and the game has gained notoriety for frequent incidents of football hooliganism. West Ham adopted their claret and sky blue color scheme in the early 20th century, with the most common version of a claret shirt with sky blue sleeves first appearing in 1904.
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Name: West Ham United Football Club
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Nicknames: The Irons, The Hammers
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Short name: West Ham
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Formed 29 June 1895 as Thames Ironworks, 5 July 1900 as West Ham United
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Stadium: London Stadium
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Capacity: 62,500 spectators
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Owners: David Sullivan (38.8%), Daniel KÅ™etÃnský (27%), Estate of David Gold (25.1%), Albert 'Tripp' Smith (8%), other investors (1.1%)
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League: Premier League
West Ham United revenues and annual results for financial years 2015/16 to 2021/22
In January 2010, David Sullivan and David Gold acquired a 50% interest in West Ham, giving them overall control and commercial management. At the end of May 2010, Gold and Sullivan bought a further 10% stake in the club for £8m, taking their controlling stake to 60%. They announced they would open shares for fans to purchase. On 9 August 2010 Gold and Sullivan increased their stakes to 30.6% each with "minority investors" (including former owner Terry Brown) who bought a further 3.8% of the club at a cost of around £4m. The Icelandic Straumur Investment Bank still owned 35% of the association at that time.
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On 2 July 2013, after restructuring the club's debt, Sullivan acquired an additional 25% stake, leaving Straumur Bank with just 10%. In December 2014, to pay off the club's debts before moving to the Olympic Stadium in 2016, Sullivan announced the sale of 20% of the club. Paying off the club's debts, which were said to be £70million in July 2013, has been cited as a condition of the move to the Olympic Stadium.
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On 10 November 2021, the club announced that Czech billionaire Daniel KÅ™etínský had acquired 27% of the club's shares, causing Gold and Sullivan to reduce their stake in the club.
Co-Chairman David Gold passed away on January 4, 2023, leaving Sullivan as sole Chairman.
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Here is the list of West Ham United's revenues and annual results for the financial years 2015/16 to 2021/22 in million euros:
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Fiscal year 2021/22: revenue 301.20; Annual result 13.90
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Fiscal year 2020/21: revenue 221.50; Annual result -30.40
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Fiscal year 2019/20: revenue157.00; Annual result -73.45
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Fiscal year 2018/19: revenue 216.00; Annual result -31.64
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Fiscal year 2017/18: revenue 198.00; Annual result 19.66
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Fiscal year 2016/17: revenue 213.00; Annual result 48.59
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Fiscal year 2015/16: revenue 192.00; Annual result -5.54
West Ham United's figures show a mix of positive and negative results over the past few years. In the 2021/22 financial year, sales increased to EUR 301.20 million and an annual result of EUR 13.90 million was achieved.
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However, there have been some negative results in previous years, most notably in the 2019/20 financial year when it recorded a loss of €73.45m. This is mainly due to the impact of the COVID-19 pandemic.