West Ham will have very limited funds to spend this January when the transfer window re-opens on New Year’s Day.
The Hammers net investment over of €100m over the summer with nine new players committed all the available transfer budget for this season.
Tim Steidten invested over €144m (£120m) and with €44m (£37m) coming back the other way leaving a net spend of €100m (£83m)
A senior club source confirmed this afternoon “We are spent up! and now £1.8m over budget after the 1.2% rise in employers’ national insurance”
West Ham now reached an annual wage bill close to £150m and are at the absolute limit of current Profitability and Sustainability Rules with further regulations soon to come.
West Ham technical director Tim Steidten and head coach Julen Lopetgeui will be forced to sell to buy this winter or rely on loan deals this January should they decide they need any new signings.
