West Ham made huge profits in the last financial year, the club have announced.

After the departure of David Moyes, it was clear that the Summer transfer window needed to be a big one for our Irons. The squad had some obvious issues, and they would cause the downfall of whoever came in if not fixed.

Although they certainly were not all resolved, there’s no denying that they tried their best financially. The players they bought in cost around £150 million.

This should not come as a surprise though as in the last financial year West Ham made a profit of £57.2 million, keeping them within PSR rulings.

“We fully understand that we operate in a unique industry, in which the highs and lows of results and performances on the pitch tend to dictate the perception of a football club’s general prosperity and well-being,” David Sullivan stated. “June 2023 gave us the Club’s first major trophy in more than 40 years, and memories of that night in Prague will stay forever in our hearts.”

“It gives me a great sense of pride – as a custodian of this great football club – to know that West Ham United is on a firm and robust financial footing, with every penny re-invested into our squad, our infrastructure and our local London community, giving us a strong platform to continue progressing and building towards our long-term objectives.”

“We are now in our longest unbroken run as a Premier League club, we have an award-winning charitable Foundation making a real and tangible difference to the lives of people in east London and beyond, and we have cleared down historical debt, meaning that West Ham United can continue striving to be successful, on and off the pitch, for the benefit of our supporters and our community.”