Skip to main content

"If you want some accessible but informative insight into football then I suggest you couldn't do better than the Political Economy of Football website, which is not only intelligible but comes with the added bonus of being written by Addicks fan Wyn Grant."
Ben Hayes - Charlton Athletic programme

West Ham United Football Club plc

Share/Save
Traditional West Ham United football shirt

The "Hammers" were taken over by an Icelandic consortium in November 2006 in a £85m takeover bid headed by Eggert Magnusson. The agreement was to buy 83% of shares and Terry Brown, the existing chairman at that time, stepped down although stayed on as a director. A year later Magnusson sold his stake to Bjorgolfur Gudmundsson, a financier worth an estimated US$1bn (at the time - now closer to US$0 - end 2008) and chairman of Icelandic bank Landsbanki, who in turn became chairman. In January 2010, following the Icelandic banking crash, the club was sold to David Sullivan and David Gold. The club moved to the £700 million Olympic Stadium in Stratford in 2016, after 112 years at The Boleyn ground.

Turnover and pre-tax profit figures are in millions.

Financial Overview

Year
Turnover
Pre-tax profit
Wages / Turnover ratio (%)
Employees

2014/15

120.700

3.000

60.0

 

2013/14

114.900

10.300

56.0

 

- - -

- - -

- - -

- - -

- - -

2007/08

71.632

-38.541

86.2

864

2006/07

49.427

-21.181

83.6

816

2005/06

52.007

5.733

54.6

737

2004/05

25.142

-5.810

70.5

162

2003/04

28.217

11.365

73.9

173

2002/03

44.862

-5.298

68.7

186

2001/02

42.756

-2.414

72.5

188

2000/01

33.443

-4.496

90.8

204

1999/00

31.102

-1.573

77.1

174

1998/99

24.317

-2.459

71.2

148

1997/98

21.129

-2.454

52.0

138

1996/97

15.256

-5.495

54.4

 

1995/96

11.995

0.653

51.8

127

1994/95

10.075

-2.740

 

123

Website: 
www.whufc.com
Attendance: 
SeasonAve. Attendance
2008/0934210
2007/0834600
2006/0734719
2005/0633733
2004/0527405
2003/0431165
2002/0334432
2001/0231356
2000/0125697
1999/0025093
1998/9925683
1997/9824967
1996/9723209
1995/9622317
1994/9520210

Related Articles

25 Sep 2017
Unknown brands chase football sponsorships

Spread betting and foreign exchange brokers are chasing endorsements and sponsorships from top football clubs while regulators gear up to clamp down on the way they are marketed to retail investors.  There is a trend for partnerships between

14 May 2017
London Stadium naming rights deal in doubt

The proposed naming rights deal between Vodafone and the London Stadium has yet to be signed, leading to fears that HMRC's raid on the stadium last month has led the telecoms giant to reconsider.  A draft contract of a £20m six year deal has

27 Apr 2017
Tax raids on Premiership clubs

The relationship between the tax authorites and football has been a difficult one in recent years.   There was the controversy over payments for players 'image rights' while the tendency of clubs in financial difficulties to use their tax

01 Apr 2017
Chelsea hold ground share talks with West Ham

Chelsea have held renewed talks with West Ham over a potential ground share at the London Stadium during the redevelopment of Stamford Bridge.  The club's preference is still to play games at Wembley during the three years the redevelopment

21 Jan 2017
Mayor to probe London Stadium finances

Mayor of London Sadiq Khan is to set up a high-powered team to investigate what

03 Jan 2017
Record attendances

Gate money is less and less important to top clubs compared with broadcasting revenue and income from commercial sponsorship.   That is not to say that it is insgnificant, otherwise clubs would not bother spending large sums of money to

02 Nov 2016
Mayor orders probe into London Stadium costs

London Mayor Sadiq Khan has ordered a probe into why costs of the London Stadium have overrun by £51m.  

28 Oct 2016
London Stadium naming deal in trouble

The latest crowd trouble at West Ham's London Stadium is going to make securing a naming deal more difficult.   The spectacle of fighting fans is not one a sponsor needs to boost their image.

It was always going to be difficult

05 Oct 2016
Brady's controversial remarks

Karren Brady is getting hammered on social media after controversial remarks she

29 Sep 2016
The stadium effect

Clubs hope that a move to a new stadium will be give them a boost on and off the pitch.  Fans may be sorry to say goodbye to the old stadium and its facilities, but soon get used to the new stadium and its better facilities.