Euro FFP worry emerges at West Ham United, summer spend to be restricted
West Ham will limit their spend in the current summer transfer window to the proceeds of outbounds sales, according to SixFootTwo.
The publication noted that this is due to the issue of European Financial Fair Play (FFP) regulations, which the Hammers must comply with.
Such regulations, Six Foot Two notes, are stricter with UEFA than they are when it comes to the Premier League.
“West Ham will try to limit this summer transfer spend to the proceeds of outbound sales only to help them comply with European FFP regulations,” according to Six Foot Two.
“UEFA’s FFP regulations are even stricter than those in the Premier League. the allowable losses are just over £50m (or €60m) over three years, compared to £105m in the Premier League.
Declan Rice fee to help
West Ham are well used to European competition by now, with the Hammers recently crowned Europa Conference League champions.
It means the club should be familiar with the regulations involved, but it definitely won’t stop them from strengthening in various areas in the summer transfer window.
Their summer spend may be restricted, but manager David Moyes and indeed the fans know that things will be much tougher next season with the club competing in the Premier League and Europa League.
New faces will, therefore, be needed to bring about more energy and excitement at the London Stadium.
And the funds for their signatures look certain to come from the sale of Declan Rice, with the Hammers captain expected to leave East London this summer for a mammoth fee.
His final destination remains up in the air, but West Ham really could receive a figure in and around the region of £100million for their star man.