Finance Expert: West Ham United value at highest ever in new takeover reveal
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive West Ham United columnist. Each week he’ll be giving his views on the biggest talking points at the London Stadium...
Dan Plumley has insisted that West Ham United have hit their highest club value ever after their growing success in recent years at the London Stadium.
The Finance Expert admitted that it may be a good time for GSB to sell to Daniel Kretinsky, although the value is only expected to rise in the coming years.
Kretinsky has the option to complete a full takeover of the club, and there were whispers of that happening in April although GSB are said to have no intention of letting it go that early.
“Trying to pin a time on it is always really tricky as it comes down to individual motives,” he exclusively told West Ham Zone.
“Two things into the mix here, West Ham have had a very good two seasons and their stock is rising on the pitch with their Europa League run which will increase value and we know the club is in good shape financially all things considered, the deal on the stadium is good.
“It’s a club in a good spot, and wider, there is some growth potential still in owning a football club, especially going back to the digital footprint. So, from a sell position, you could argue that West Ham are in a good position to sell and it’s probably the highest value West Ham have ever been at the minute.
“You may say that it’s an opportune moment to sell but you may say there is more growth there and the owners may see that as well, which may mean when is your exit strategy? Most people tend to people work in that stage on a three-to-five-year plan but things always change.
“I think there is growth still in West Ham United as a Premier League club, so it becomes a case of if you’re going to sell, what’s your price? They have their own marker and potentially may sell in the future.
“I don’t think the sale is dead in the water, but those are the things going into the mix.”
Kretinsky and GSB appear to be working perfectly, especially if the transfer spend this summer is anything to go by.
West Ham United spent over £100million easily and although much isn’t expected in January, you don’t do that unless your finances are looking spotless.
There will be many watching on as the value of the club continues to soar.