West Ham insider denies claims that the club is at risk of insolvency
A West Ham insider has told Claret and Hugh that the club is “in very safe hands” and denied any claim that they are in financial trouble.
This follows on from a claim by Juventus chairman Andrea Agnelli that West Ham were one of a number of clubs who were at “risk of insolvency” as he tried to defend the Super League [calciomercato].
However, Hugh Southon, from Claret and Hugh, has reported that a “well-informed Hammers insider” has assured fans that their club is fine and there is nothing to worry about.
Positive news
West Ham made a huge loss during the last financial year due to the pandemic, but pretty much every club in the Premier League also suffered the same fate [The Athletic].
Therefore, it was bizarre to hear Agnelli state that the Irons were close to going bust, but then again, he has said some ridiculous things about the failed Super League [ESPN].
The club seem to be on sound ground financially, and it looks as if we can take Agnelli’s suggestion with a pinch of salt, which is not a surprise.
The Irons are also going to hand David Moyes a transfer budget of between £50m-£60m, which they wouldn’t have done if the club was in financial trouble [The West Ham Way].
So, it is good to hear that the club have very little to worry about financially, and it is also good to see that Agnelli is spectacularly wrong once again.
In other West Ham news, Fabrizio Romano reveals one Irons star is close to leaving the club.
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