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Author Our Net Spend since the take over has been................
jr
Member

Registered: 20th May 02
Location: Kent
User status: Offline
29th Aug 08 at 14:34   View User's Profile U2U Member Reply With Quote

£14 Million, and others including myself slagged of Terry Brown, maybe he wasnt half as bad as i thought


Filed: Friday, 29th August 2008
By: Staff Writer
West Ham United's Icelandic owners have spent approximately £10million less on transfer fees since taking over the club than previous Chairman Terry Brown did in his final two years.

Brown, who was often criticised by supporters during his tenure for failing to invest sufficiently in the squad spent a total of £24.15million net on players in the last four transfer windows his regime oversaw - an average of £6.04million per window.

That total net figure is almost £10million higher than that which the current Board - led by banker Bjorgolfur Gudmundsson - have committed since purchasing the club almost two years ago. As we revealed earlier this week, just £14.8million net has been spent by the Icelandic board on transfer fees in the four transfer windows since they gained control of West Ham United.

In contrast to Brown's average window outlay of £6.04million, the current administration have spent an average of just £3.7million per transfer window.

Brown's highest transfer fee paid was the £7million Norwich received in exchange for Dean Ashton. Gudmundsson's is higher, though not by much - Craig Bellamy being the club's record signing from Liverpool at £7.5million.

Although the current transfer window remains open for another three days, the club are not thought to be planning any further major outlays.

Cavey
Member

Registered: 11th Nov 02
Location: Derby
User status: Offline
29th Aug 08 at 18:05   View User's Profile U2U Member Reply With Quote

Credit Crunch

Were meant to be challenging for Champions League in another couple of years from what i remember!
jr
Member

Registered: 20th May 02
Location: Kent
User status: Offline
29th Aug 08 at 20:14   View User's Profile U2U Member Reply With Quote

yes, was meant to show, despite reports of us going mental in the transfr market last season, we have actully spent very little
MatthewR
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Registered: 21st Oct 02
Location: Rickmansworth
User status: Offline
30th Aug 08 at 14:24   View User's Profile U2U Member Reply With Quote

what about the wage bill tho?
jr
Member

Registered: 20th May 02
Location: Kent
User status: Offline
30th Aug 08 at 19:18   View User's Profile U2U Member Reply With Quote

yes, thats proberly stupid
Cosmo
Member

Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
31st Aug 08 at 21:08   View User's Profile U2U Member Reply With Quote

Lucas Neil gets about £100m per season IIRC.

 
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