West Ham. Now come someone correct me here if i am wrong? but...........

are they not in debt big time? In fact if they had not won promotion would they have run the realistic possibility of going into administration? Now they have won promotion and obviously you get a fair bit of wedge for doing so, but how come they have brought in, or are trying to bring in several players in multi million pound deals? including Crouch for ?6 million!!!!
Are they taking a massive gamble in spending big in the hope that they will stay up? they seem to me to be doing the exact opposite of what most other clubs are now doing when they win promotion in being prudent and not risking the financial future of the club.

It just seems to me that Wham are spending money that they don't really have and that if they do get relegated next season then they are going to be well and truly f**ked and administration will beckon. Surely after Leeds no club will be that stupid or have i got it wrong and Whams finances are fine?

Posted By: The Baron on July 5th 2005 at 17:52:41

Message Thread

West Ham. Now come someone correct me here if i am wrong? but........... (Other Football) - The Baron, Jul 5, 17:52:41
- Yeah but they're a big club :) (n/m) (Other Football) - inutero, Jul 5, 17:54:13
  - NO NO NO NO NO!!! (Other Football) - Iwan Husarmi, Jul 5, 17:57:26
    - Are Wham spending money they don't have though? (n/m) (Other Football) - The Baron, Jul 5, 18:03:48
      - Does the brown bear shit in the woods? (Other Football) - Iwan Husarmi, Jul 5, 18:06:52
    - Bigger than Manchester United!!!!11111111! (Other Football) - Worf55, Jul 5, 17:59:45

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