Discover and read the best of Twitter Threads about #WHFC
Most recents (3)
West Ham’s 2019/20 financial results covered an “unprecedented” season when they finished 16th in the Premier League with their finances significantly impacted by COVID-19. David Moyes replaced Manuel Pellegrini as manager in December 2019. Some thoughts follow #WHUFC
#WHUFC loss before tax loss widened from £28m to £65m, as revenue dropped £51m (27%) from £191m to £140m, offset by profit on player sales rising £12m to £25m and expenses falling £2m. Loss after tax increased from £27m to 65m. 
Impacted by COVID, the main driver of #WHUFC revenue decrease was broadcasting income, which dropped £45m (35%) from £127m to £82m, though there were also falls in match day, down £5m (17%) to £23m, and commercial, down £2m (5%) to £34m.
West Ham’s 2017/18 financial results covered their second season at the new London Stadium, which the club described as “difficult”, despite finishing a “satisfactory” 13th in the Premier League, as managers Slaven Bilic and David Moyes both left. Some thoughts follow #WHUFC
#WHUFC profit before tax reduced by £25m from £43m to £18m, as revenue fell by £8m (4%) to £175m, though profit on player sales was up £2m to £30m. Despite the revenue decline, wages increased by £12m (12%) to £107m, but player amortisation dropped £4m (10%) to £41m.
All #WHUFC revenue streams decreased: match receipts were £4.1m (14%) lower at £24.5m, due to no Europa League; while commercial fell £3m (9%) to £32m, mainly due to one-offs in the previous year; and broadcasting was slightly lower at £119m, due to lower Premier League place.
West Ham’s 2016/17 financial results covered their first season in the new London Stadium. Despite dropping to 11th place in the Premier League, they reported record revenue and profit. Some thoughts in the following thread #WHUFC
#WHUFC improved the bottom line by £48m, as they converted a £5m loss to £43m profit with revenue growing by 29% (£41m) to £183m. Profit on player sales was up £24m, mainly due to transfers of Dimitri Payet to Marseille and James Tomkins to Crystal Palace.
#WHUFC revenue growth was driven by the new Premier League TV deal with a net increase in broadcasting income of £33m (38%) to £119m. Commercial income also rose by £7m (25%) to £35m, while match receipts were £2m (6%) higher in the new stadium at £29m.
