Discover and read the best of Twitter Threads about #whuc
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West Ham’s 2018/19 financial results covered a season when they finished 10th in the Premier League and were eliminated in the 4th found of both the FA Cup and Carabao Cup. Manuel Pellegrini replaced David Moyes as manager in May 2018. Some thoughts in the following thread #WHUFC
#WHUFC swung from £18m profit before tax to a £28m loss, a £46m deterioration, despite revenue rising £15m (9%) to a club record £191m, as profit on player sales fell £17m to £13m and investment in the squad led to a £45m increase in expenses. 
The main driver of #WHUFC £15m revenue increase was broadcasting, which rose £9m (7%) to £127m, due to a better Premier League position. There was also useful growth in the other revenue streams: commercial was up £4m (12%) to £36m, while match day was up £3m (11%) to £27m.
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.
