West Ham could struggle to pay the bills as ‘catastrophic’ scenario mapped out
West Ham are said to be in short-term financial trouble.
West Ham released their latest accounts on Friday, with losses of over £100million being posted during the latest Premier League relegation fight.
The Irons are currently two points adrift of safety in the Premier League, behind Nottingham Forest and Spurs, but have difficult fixtures to come.
With the possibility of relegation staring them in the face, it is said that it would be catastrophic, with struggles to pay the bills likely noted.
Nuno Espirito Santo may need to pull off a miracle.
West Ham’s financial trouble explained
With talk of a liquidity shortfall and the likelihood that the owners will have to put in more money, regardless of what happens, things aren’t looking rosy.
George Simms has attempted to simplify things for fans, saying in layman’s terms that basically means “not having enough money to pay the bills”.
West Ham have noted the need to sell players if relegation, as expected, with Jarrod Bowen and Mateus Fernandes topping that list at the London Stadium.
West Ham throw everything at survival in Premier League
Despite this trouble in the latest accounts, David Sullivan did not hold back in January.
Yes, West Ham did bring in good money for Lucas Paqueta and Luis Guilherme, but that was spent and more on reinforcements to help Nuno.
Taty Castellanos and Pablo were two big-name signings, with the latter now injured and hardly making an impact in East London.
But, they are still two points adrift of safety after turning it round in recent weeks.
West Ham now face a tricky run against Liverpool, Fulham, Manchester City and Aston Villa before a huge encounter with Wolves at the London Stadium.
It is pivotal that the Irons remain in touch with those above them after these next four games, and if not, it may be too little, too late when picking up points.
With more fight on show than ever, there is a real belief walking to the London Stadium now that anything is possible, so let’s keep the faith.
Looking at this, relegation simply can’t happen.
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