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West Ham United Total Expenditure vs Revenue 2022

Revenue Expenditure Net Total Debt
£218.66m  £257.75m  -£39.09m  £120m

Source: FIFA, UEFA, England FA, Ofgem, HMRC, Sponsorlytix

Source: FIFA, UEFA, England FA, Ofgem, HMRC, Sponsorlytix

Total Expenditure£257.75m

Total Yearly Expenditure Breakdown

Most of West Ham United’s expenses, just like any other football club in the world, comes from player salaries (payroll). Here is how football clubs spread their expenditure:

  1. Player Payroll
  2. Player Transfers
  3. Executive Staff Payroll
  4. Debt Payments
  5. Agent Fees
  6. Marketing Costs
  7. Transportation costs
  8. Stadium Costs

Player Payroll:

West Ham United spends a total of £70.46 million on players annual payroll as of fiscal year ending June 30, 2022, including £17,616,500 in annual taxes. Players making up to £50,270 per year are subject to 20% tax rate, which is also known as the basic tax rate. Taxes on income over this threshold are 40%. (higher rate). The extra rate is another name for the third tax bracket. Any income over £150,000 is subject to a 45% tax rate.

 

West Ham United Players Payroll Breakdown

Weekly Payroll Average Weekly Payroll Annual Payroll  Average Yearly Payroll  Income Tax
£1,355,115  £45,170.5  £70,466,000  £2,348,866  £17,616,500

Source: FIFA, UEFA, England FA, HMRC, Sponsorlytix

Source: FIFA, UEFA, England FA, HMRC, Sponsorlytix

 

West Ham United Players Payroll 

 Player Name Payroll (Yearly) Payroll (Weekly)
Alphonse Areola  £6,240,000  £120,000
Kurt Zouma  £6,240,000  £120,000
Jared Bowen  £5,000,000  £96,154
Gianluca Scamacca  £4,680,000  £90,000
Michail Antonio  £3,640,000  £70,000
Manuel Lanzini  £3,640,000  £70,000
Angelo Ogbonna  £3,640,000  £67,308
Pablo Fornals  £3,500,000  £67,308
Tomas Soucek  £3,500,000  £65,000
Lukasz Fabianski  £3,380,000  £50,000
Aaron Cresswell  £2,600,000  £42,500
Craig Dawson  £2,210,000  £40,385
Darren Randolph  £2,100,000  £30,769
Vladimir Coufal  £1,600,000  £23,077
Saïd Benrahma  £1,200,000  £23,077
 Goncalo Cardoso  £1,200,000  £19,231
 Ben Johnson  £1,000,000  £4,231
 Conor Coventry  £220,000  £3,000
 Declan Rice  £156,000  £19,231
 Nayef Aguerd  £1,000,000  £19,231
 Jamal Baptiste  £1,000,000  £19,231
 Maxwel Cornet  £1,000,000  £19,231
 Flynn Downes  £1,000,000  £19,231
 Pierre Ekwah  £1,000,000  £19,231
 Thilo Kehrer  £1,000,000  £19,231
 Armstrong Oko-Flex  £1,000,000  £19,231
 Emerson Palmieri  £1,000,000  £19,231
 Lucas Paquetá  £1,000,000  £19,231
     
 Loan    
     
 Nikola Vlasic  £3,640,000  
 Arthur Masuaku    

Source: FIFA, UEFA, England FA, Sponsorlytix

Source: FIFA, UEFA, England FA, Sponsorlytix

 

Player Transfers: West Ham United spent a total of £163.8 million on player arrivals in the summer (2022/23) and generated a total of £16 million on departures. Ending the summer transfer window with a -£147.78 million net.

Premier League teams spent a total of £1.9 billion on gross transfers during the summer 2022 transfer window, which is by a margin of £487.8 million the largest amount ever recorded during a single transfer window.

West Ham United spent a total of £1.01 billion on player arrivals in their all time Premier League transfers expenditure (1992/93 to 2022/23), taking in an income of £542.32 million with a net of -£468.42 million.

 

West Ham United All Time Premier League Players Transfers

Expenditure Arrivals Income Departure Balance Season 22/23 Net
£1.01b  661  £542.32m  658 £-468.42m  £-147.78m

Source: FIFA, UEFA, England FA, Sponsorlytix

Source: FIFA, UEFA, England FA, Sponsorlytix

 

Executive Staff Payroll: The best paid directors of Premier League football teams make far more money than the highest paid directors at comparable-sized non-football businesses. The average chief executive remuneration in the UK is £215,879. West Ham United pays in the region of £2.3 million to their directors and executive staff each year.

Debt Payments: West Ham United has a total of £120 million in debt on their books and shell out £4.8 million on yearly payments (including interest).

Stadium Costs: A 90-minute match uses up to 25,000 KWh of electricity. As per the current Ofgem rates, Electricity costs £0.52 per kWh + Daily standing charge: £0.46 and Gas costs £0.15 per kWh + Daily standing charge: £0.28. It costs West Ham United approximately 21000 Khw on average per home game, that is£14,340.1 per game and£272,461.9 per season. 

Agent Fees: The 20 Premier League teams managed to pay agents £272.6 million this transfer window, despite all the discussion that football must cut back on its expenditures on transfer fees and wages in light of the financial calamity brought on by the epidemic. West Ham United paid £10.53 million in agent fees for their transfer business.

Marketing Costs: West Ham United offers a variety of officially-licensed goods with the West Ham United name and logo, from bed coverings to coffee cups apart from the marketing and promotions of the season tickets, hospitality and official kits, the club spends on marketing through social media, outdoor advertising and through local, national and international news publications. West Ham United spends on average £1 million on marketing.

Transportation Costs: For the fiscal years ended June 30, 2022, West Ham United spent approximately £3 million on transportation costs, which includes pre-season preparations and logistics and all of the Premier League, Cups and UEFA competition away games.

 

West Ham United Total Expenditure

Executive Staff Payroll Total Debt Debt Payments Stadium Costs Agent Fees Marketing Costs Transportation Costs Annual Payroll TOTAL
£2.3m  £120m  £4.8m  £0.27m  £10.53m  £1m  £3m  £70.46m  £257.75m

Source: FIFA, UEFA, England FA, Ofgem, HMRC, Sponsorlytix

Source: FIFA, UEFA, England FA, Ofgem, HMRC, Sponsorlytix


 Total Revenue | £326.16m

Total Yearly Revenue Breakdown

West Ham United monetize’s its worldwide brand through the usual four income sources under the Commercial revenue sector:

  1. Sponsorship
  2. Matchday Revenue
  3. TV Rights Distribution
  4. Retail, Merchandising, Clothing & Product Licensing

Sponsorship: Through partnerships with top national and international brands and businesses throughout the world, West Ham United monetizes the value of the clubs worldwide brand and fan base. For the fiscal years ended June 30, 2022, West Ham United generated sponsorship revenues of £23 million.

 

West Ham United Sponsorship Revenue

Sponsor Name Amount (per year) Contract Duration Placement
Betway £10m  2019 – 2025  Main Sponsor (Front of shirt) & Training kit
Scope Markets  £1.5m  2021 – 2024  Sleeve Sponsor
Umbro £5m  2019 – 2023 Kit Supplier
Fetch . ai  £500k*  not reported  Partner
Trustly  £500k*  not reported  Partner
Lyca Mobile  £500k*  not reported  Partner
Monster Energy  £500k*  not reported  Partner
Eva Air  £500k*  not reported  Partner
Peak Defi  £500k*  not reported  Partner
Heineken  £500k*  not reported  Partner
Global Reach  £500k*  not reported  Partner
UFL  £500k*  not reported  Partner
Skye Cloud  £500k*  not reported  Partner
P1 Travel  £500k*  not reported  Partner
Acronis  £500k*  not reported  Partner
Jeton  £500k*  not reported  Partner
     Total £23m

*Estimated as per market standards and BV and EMV reach of West Ham United Football Club | Source: Sponsorlytix

*Estimated as per market standards and BV and EMV reach of West Ham United Football Club | Source: Sponsorlytix

 

Matchday Revenue: For the fiscal years ended June 30, 2022, West Ham United generated a total combined Matchday Revenues of £32.46 million, including £23.37 million from the English Premier League, £1.29 million from the FA Cup, £0.42 million from the Carabao Cup and £7.38 million from UEFA Europa League.

In each of the past 21 years, West Ham United have averaged over 99% of Premier League match capacity. Due to the amount of home games played and the success of our first team in various tournaments, matchday income will change from year to year.

 

West Ham United Matchday Revenue

Average Attendance Average Matchday Income / Game Average Matchday Income / Season
Premier League    
58,336 £1.23m £23.37m
     
 FA Cup    
58,336 £0m £1.29m
     
 Carabao Cup    
58,336 £0m £0.42m
     
 Europa League    
58,336 £1.23m £7.38m
   Total £32.46m

Source: UEFA, England FA, Sponsorlytix

Source: UEFA, England FA, Sponsorlytix

 

TV Rights Revenue (Broadcasting)

The money the club makes from the sale of live football content benefits the club directly, and it also helps the business partners indirectly by giving them more worldwide visibility. The global television rights for the Premier League, UEFA club competitions, and other competitions provide cash for broadcasting.

Additionally, more than 100 nations and territories across the world receive West Ham United programming through the English Premier League TV Rights Distribution sales and also the in house club channel and official mobile app.

As a result of fluctuations in the amount of prize money available and the success of the first team in such contests, broadcasting income, including, in certain circumstances, prize money received in respect of such competitions, will change from year to year.

For the fiscal years ended June 30, 2022, West Ham United generated a total combined TV Rights Revenues of £159.8 million, including £143.3 million from the English Premier League, £0.73 million from the FA Cup, £0.13 million from the Carabao Cup and £15.64 million from UEFA Europa League.

 

West Ham United TV Rights Revenue

 West Ham  £159.8m        
 Premier League  Equal Share  Facility Fees  Merit Payment  Commercial Revenue  Total
   £79m  £21.6m  £37.1m  £5.6m  £143.3m
 FA Cup  Prize Money  TV Fees      Total
   £157.5k  £580.5k      £0.73m
 Carabao Cup  Prize Money  TV Fees      Total
   £17k  £96k      £0.13m
 Europa League  Performance Share  Market Pool      Total
    £10.5m  £5.14m      £15.64m
           

Source: UEFA, England FA, Sponsorlytix

Source: UEFA, England FA, Sponsorlytix

 

Retail, Merchandising, Apparel & Product Licensing: West Ham United on average sells 420k units of the official kit (home & away). The club’s retail, merchandising, garment, and product licencing for the fiscal years ended June 30, 2022 sales were £3.6 million. On a global scale, the club promotes and markets sportswear, workout and leisure wear, and other goods bearing the West Ham United name.

In addition, West Ham United offers a variety of other officially-licensed goods with the West Ham United name and logo, from bed coverings to coffee cups. These goods are supplied via the wholesale distribution networks of club partners as well as retail locations bearing the West Ham United logo and online shopping portals.

 

West Ham United Retail, Merchandise, Apparel & Product Licensing Revenue

£3.6m

Source: Sponsorlytix

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