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by John Drake
21 Jun 2025, 14:39
Forum: Football
Topic: Sullivan out!
Replies: 762
Views: 28814

Re: Sullivan out!

PSR is definitely a convenient smokescreen for the Board to hide behind. It suits them as they can argue it is an external constraint to hide behind claiming that their hands are tied. I think you can forget all about PSR in the future now that Chelsea have driven a coach and horses through the rule...
by John Drake
21 Jun 2025, 05:26
Forum: Football
Topic: Sullivan out!
Replies: 762
Views: 28814

Re: Sullivan out!

While watching the Netflix documentary on Michelle Mone recently, I was struck by the similarities between her career and that of Karen Brady. Both having created reputations as successful young businesswoman based entirely on PR perception rather than anything they had actually achieved. Equally, t...
by John Drake
19 Jun 2025, 08:00
Forum: Football
Topic: Sullivan out!
Replies: 762
Views: 28814

Re: Sullivan out!

The Board are still able to make loans to the club as long as they are shown at fair market value in the accounts. It is their decision whether they choose to do so or not
by John Drake
19 Jun 2025, 05:54
Forum: Football
Topic: Sullivan out!
Replies: 762
Views: 28814

Re: Sullivan out!

That 75% reinvested post is recycled from a story on the ‘ever reliable’ Hammers News a few weeks ago. The rationale, I think, was based on only a portion of any fee received from player sales representing profit, at least from a PSR perspective. For example, if Kudus is sold for £85 m and his book ...
by John Drake
17 Jun 2025, 15:05
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

Sorry to see the demise of the Poundland stores. Had them down as the ideal shirt sponsor replacement for Betway 
by John Drake
16 Jun 2025, 13:53
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

The outstanding Vlasic fee would have been a small part of the £191 million owed in transfer fees at the time the accounts closed in May 2024.
by John Drake
15 Jun 2025, 14:39
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

Walker-Peters, a full-back who is equally inept at defending on either flank. 
by John Drake
15 Jun 2025, 08:56
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

Sir Alf - sponsored by Groundhog Day
by John Drake
15 Jun 2025, 08:13
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

Got to call out the Express reporting here. A 21-year-old is too old to be annointed with the wonderkid moniker  
by John Drake
14 Jun 2025, 08:07
Forum: Off Topic
Topic: Safeguarding Investigation by FA and PL
Replies: 7
Views: 749

Re: Safeguarding Investigation by FA and PL

Talking of Sullivan and safeguarding, a delightful story about his current floozy, Ampika Pickston and the children's home he funded, and which she has been judged unfit to manage

https://www.private-eye.co.uk/in-the-back
 
by John Drake
14 Jun 2025, 07:45
Forum: Off Topic
Topic: Iran v Israel
Replies: 148
Views: 7991

Re: Iran v Israel

Qualifying rounds for World War 3
by John Drake
13 Jun 2025, 15:00
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

As long as you don't buy any players.

Anyway, it is rare for any club to have negative EBITDA. West Ham aren't an exception as you suggested.
by John Drake
13 Jun 2025, 14:10
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

So, you agree. An operating loss of 30 million.

Almost every club has a positive EBITDA. Ridiculous to exclude player amortisation when analysing football club accounts
by John Drake
13 Jun 2025, 13:27
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

You are wrong. Please check your working 
by John Drake
13 Jun 2025, 13:22
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

West Ham made a 30 million operating loss in the last financial accounts.

The move from Upton Park to Stratford only earned approx 10 million in the first season. Revenues have since increased in line with a general uplift in EPL
by John Drake
11 Jun 2025, 10:21
Forum: Football
Topic: International matches
Replies: 141
Views: 7078

Re: International matches

Bring back the days when football had a decent summer break except when there was a proper tournament taking place
by John Drake
11 Jun 2025, 10:18
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

If that's Sir Alf not being stressed or angsty, I'd hate to see the alternative
by John Drake
10 Jun 2025, 11:23
Forum: Football
Topic: Keith Hackett is 80
Replies: 12
Views: 767

Re: Keith Hackett is 80

Typical Hackett, denying us a gravedigging opportunity
by John Drake
04 Jun 2025, 10:09
Forum: Football
Topic: Paqueta - Latest news
Replies: 544
Views: 19051

Re: Paqueta - Latest news

A betting company with morals? You're having a laugh. 

Could easily have been handled with a quiet word. With the amounts involved it would never have come to light had they not escalated it
by John Drake
04 Jun 2025, 09:30
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

Two red flags that your scouting is rubbish:

1. Hoping to pick up bargains from relegated clubs in fire sales.

2. Going back to the manager's former club(s) for signings.
by John Drake
04 Jun 2025, 01:17
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

I thought the reason Ramsdale was frozen out at Arsenal was down to how poor he was with distribution. A good shot stopper who could not do what his manager wanted with the ball at his feet. Exactly the same as Areola at West Ham, making it a signing that would make no sense other than to fill a hol...
by John Drake
03 Jun 2025, 08:53
Forum: Football
Topic: Summer Transfer Window 2025 | Official Thread
Replies: 4430
Views: 104323

Re: Summer Transfer Window 2025 | Official Thread

If you're after a full back who is OK going forward but hopeless defending then Walker-Peters is your man 
by John Drake
03 Jun 2025, 03:47
Forum: Football
Topic: Paqueta - Latest news
Replies: 544
Views: 19051

Re: Paqueta - Latest news

The further delay is because VAR are looking at it now
by John Drake
24 May 2025, 11:31
Forum: Articles
Topic: Ipswich Vs West Ham | PL | 25.5.25 | End of Season Predictions and Match Thread
Replies: 197
Views: 8999

Re: Ipswich Vs West Ham | PL | 25.5.25 | End of Season Predictions and Match Thread

1-0 win. Evan 'Massey' Ferguson buries the tractor boys by scoring with his only touch as a 95th minute substitute 
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