Player Available For A Snip At £21 Million?

West Ham have been handed a huge boost with the news that Nahitan Nandez is not interested in joining Leeds United this summer, and that the club should therefore 'pounce' on the player because he is available for only a snip, JUST £21 Million! In fact due to Hammers need for a striker being so over publicised, the club's need for players in other positions is now the subject of a intense media 'feeding frenzy'.

The point is though, where on earth do these so called 'media experts' or people 'in the know' get their figures from? It surely isn't from anywhere on this planet, in the current circumstances clubs are broke, not only broke but many are in serious debt. The only reason 'known' clubs haven't gone to the wall already is because of government intervention, either directly, or in some cases (Tottenham's cheap Bank of England loan), more surreptitiously. Also the fact that due to the current global recession, money is incredibly cheap to borrow, so clubs are currently able to 'gloss' over their real predicaments.

Under company law, companies have to submit their accounts within nine months of the end of their accounting year. For West Ham that means accounts for the year to the 31st of May each year. When the next set of figures are released, they will reveal what a horrible state the finances of West Ham, and a whole bunch of other 'elite' clubs, are in.

So all the talk of this player and that player arriving at clubs, not only Hammers transfer targets, should be taken with a huge vat, not just a grain of salt! - Ed