- Dec 9, 2006
- 3,780
- 9,330
They didn’t make that much in comparison to what the development will be worth. Something dodgy has likely gone on with that. I think they got £35m for the land. Some went back into club some they pocketed.
At the turn of the year, WHU were @ £100m in debt.
Around £64m is loans from 3 shareholders (2 of which are Gold and Sullivan) and a further £32m owed in transfer fees to other clubs.
https://www.claretandhugh.info/west-ham-debt-explained-and-updated/