Board confidant Sean Whetstone has responded to concerns over financial problems at West Ham amid a lack of transfer activity.
Some West Ham fans have been voicing concern over a lack of signings in the summer transfer window so far.
The Hammers have been linked with a plethora of players over the last few months. Especially since it became clear they will be in receipt of a British record £105m from Arsenal for Declan Rice.
The impending departure of the talismanic skipper and the hole that leaves in the side and dressing room has only served to heighten anxiety among some supporters when it comes to West Ham’s inactivity.
After the arrival of Ashley Young at Everton, the Hammers are now one of just THREE Premier League clubs yet to sign a player this window.
So it is understandable that some West Ham fans are frustrated and worried about potential financial issues behind the scenes.
Particularly as the Hammers are on UEFA’s Financial Fair Play watchlist.
It was claimed last month that West Ham’s transfer budget this summer would be the money from the Rice deal and any other sales.
David Moyes has blamed Arsenal’s delay in completing the Rice deal has impacted his own transfer plans. Reports suggest West Ham need the first tranche of the Rice money – £33.3m – before they can do any business.
That has prompted questions from supporters over the financial situation at a club which spent £185m last season and £250m in the last four windows.
Now board confidant Sean Whetstone has responded to concerns over financial problems at West Ham amid a lack of transfer activity.
Whetstone has close ties with some members of the Hammers hierarchy.
But he insists there is ‘no problem’ behind the scenes at West Ham on the financial front.
‘No problem’ says the GIF used by Whetstone to reply to a post raising concerns about West Ham’s finances.
Off the pitch West Ham’s finances are in arguably better shape than they ever have been.
While the tenure of David Sullivan and the late David Gold has not been plain sailing by any means, West Ham continue to ride the Premier League gravy train, have just won their first major trophy in 43 years and – as a result – qualified for Europe for the third consecutive season for the first time in the club’s history.
West Ham now have Czech billionaire Daniel Kretinsky – worth a reported £7.5bn – as their second largest stakeholder. And the club is ranked the 15th most lucrative in world football too according to the Deloitte 2023 Football Money League.
So we may see a tightening of the belt in that the Hammers are living by their own means this summer via the Rice sale.
But that money will at least be re-invested at the very least.
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