West Ham United Summer Financial Breakdown

West Ham fans expected an intense transfer window with this being Graham Potter’s first Summer window since joining the club. It was known that magic would be needed to revolutionise this West Ham squad and fix mistakes that were made previously, whether that was players being sold or primarily through wage cuts.

Here’s a financial breakdown of all incomings, outgoings, and the wage cuts West Ham achieved over the summer.

Incomings: Mateus Fernandes (£38m + £3m add-ons), Soungoutou Magassa (£14.7m + £3m add-ons), El Hadji Malick Diouf (£19m + £2.5m add-ons), Mads Hermansen (£15.5m), Jean-Clair Todibo (£35m), Callum Wilson (Free), Kyle Walker-Peters (Free), Igor Julio (Loan) = Total fee cost (£122.2m + £8.5m add-ons)

Wage from Incoming signings: Mads Hermansen (£30,000), Callum Wilson (£45,000), Mateus Fernandes (£60,000), Soungoutou Magassa (£35,000), El Hadji Malick Diouf (£50,000), Kyle Walker-Peters (£75,000), Igor Julio (£45,000) Which was £340k per week (£17,680,000 per year)

*Todibo previously had 100% coverage of his wage during the loan; therefore will not be added as it’s not a new addition*

West Ham, as well as making a handful of signings, also faced 13 exits during the summer.

Outgoings: Cresswell (Free), Antonio (Free), Coufal (Free), Ings (Free), Zouma (Free), Fabianski (Free), Alvarez (Loan + £5m fee), Emerson (£800k), Soler (Loan finished), Ferguson (Loan finished), Cornet (Loan), Kudus (£54.5m), Aguerd (£18.2m + £1.7m) = Total outgoing cost (£78.5m + £1.7m add-ons)

Wage from Outgoing signings: Cresswell (£50,000), Antonio (£85,000), Coufal (£35,000), Ings (£125,000), Fabianski (£65,000), Alvarez (£100,000), Emerson (£95,000), Cornet (£49,000), Aguerd (£50,000), Kudus (£90,000) Which was £744k per week (£38,688,000 per year)

Total wage difference through incomings and outgoings totals to a profit of £21,008,000 SAVED per year for the Hammers!

In addition to this, to explore this further, subtracting the amount spent this window on transfers, subtracted by the players’ sales, equates to a total of only £43,700,000 spent on player transfers, and if you subtract the amount further through the wages saved, it means that the Hammer net spent for this transfer window equates to only having spent £22,692,000!

As well as the little to no true money being spent this window, the majority of the benefit will be in the long run, seeing as the wage bill has been reduced by £21m+ per season, saving West Ham monumental amounts.

Sully’s cunning plan by spending as little as possible has yet again proved true, it’s the minimum spend in order to keep us up as that’s all that matters at the end of the day, however, these previous mistakes of high wages eventusally had to be fixed and it was a window that was impending, so at least a large clearout has now been completed, it has to be said that many more higher waged players will still have to depart the club if we want a true form of what our wage bill should look like.

We might’ve spent close to £130,000,000 this window, which looks relatively good on the surface, but going into the details, there’s more than what meets the eye.