by under the tin » 12 Nov 2012 10:54
by maffff » 12 Nov 2012 10:55
leicsRoyal I wouldn't be at all suprised to see West Ham be quite active in the January transfer window.
by Flyingkiwi » 12 Nov 2012 11:03
leicsRoyal Nicolas Anelka.
by leicsRoyal » 12 Nov 2012 11:08
FlyingkiwileicsRoyal Nicolas Anelka.
From Shanghai Shenhua???
That WOULD be a laugh!
by Flyingkiwi » 12 Nov 2012 11:16
leicsRoyalFlyingkiwileicsRoyal Nicolas Anelka.
From Shanghai Shenhua???
That WOULD be a laugh!
http://www.dailymail.co.uk/sport/footba ... ds-newsxml
by maffff » 12 Nov 2012 13:06
by larry1971 » 12 Nov 2012 14:08
leicsRoyal I read this morning that West Ham are lining up a move for Joe Cole and Nicolas Anelka.![]()
That's some wage budget.
by larry1971 » 12 Nov 2012 14:38
under the tin I don't "hate" West Ham. In fact I'd go as far as stating that I have a modicum of sympathy for their fans.
Whenever a club screws up, whether financially, or by infringing rules, it's invariably the loyal fans who suffer the most.
It is the mis-management of the club that that causes the problems, not the people on the terraces.
And in terms of mis-management, West Ham must be right up there amongst the worst run clubs in the country.
The much vaunted "academy of football" does, in fairness, have creedence.
I remeber an England match staged at that hole next to the river Itchen. (Rooney's debut?)
Of the eleven players on the pitch, something like eight had West Ham connections.
Now you'd think that a club that can produce so many top class players would build upon these riches.
"Hello, is that Mr. Baresi's agent? We've got a young lad here whom we'd like you to play alongside"
But over the years, this family silver has all been sold on to rival clubs, and the only "building" was a stupid neo gothic grandstand.
There was much hand wringing here following the sale of Gylfi. Imagine watching our club sell on a Ferdinand, then a Lampard, Cole, Carrick, Defoe,etc.
All this transfer income has evaporated, the club introduced a bond scheme to get the fans to pay more, yet the club is many many millions in debt.
What an utter shambles.
by Alexander Litvinenko » 12 Nov 2012 14:43
larry1971 ...... the bond scheme saga happened back in the early 1990's and has no baring on our current financial situation that was all down to our previouse Iclandic owners who wrecklessly spent huge amounts of money on transfers and wages buying players well past their sell by date then when the Iclandic banks and economey crashed the inevitable happened the Icelandic banks took controll of the club. We were very lucky not to go down with Iceland because the reality is that when Gold ad Sullivan took over the club was weeks if not days away from going into administration and I think it's no exageration to say that had they not bought the club when they did West Ham probably would of gone bust.
by larry1971 » 12 Nov 2012 15:00
Alexander Litvinenkolarry1971 ...... the bond scheme saga happened back in the early 1990's and has no baring on our current financial situation that was all down to our previouse Iclandic owners who wrecklessly spent huge amounts of money on transfers and wages buying players well past their sell by date then when the Iclandic banks and economey crashed the inevitable happened the Icelandic banks took controll of the club. We were very lucky not to go down with Iceland because the reality is that when Gold ad Sullivan took over the club was weeks if not days away from going into administration and I think it's no exageration to say that had they not bought the club when they did West Ham probably would of gone bust.
But the current financial model isn't sustainable. It's only money being lent (not given) by Gold & Sullivan that keeps West Ham trading. How long are they prepared to keep throwing money in for no return?
Of course, there's a school of thought that says G&S are only in this for the Olympic Stadium, which will let them sell the land the Bole stands on and pocket the proceeds. As if nice, ethical men like that would ever be quite so underhand.....
by Ian Royal » 12 Nov 2012 19:57
Royal Lady Did this guy used to be Mr West Ham I come in pea? Cos if it is, I reckon pea might have something to say about it.
by IronComesInPeace » 14 Nov 2012 16:51
creative_username_1 Played Southampton, Wigan, Villa, Fulham, Norwich, Sunderland, QPR by far the easiest start out of any of the promoted teams. That and a fair amount of random luck. The difficulties of the fixtures will be changed in the next 8 games. Reading play the teams mentioned West Ham have a real difficult 8 games. City at home possibly not being the hardest game they face in the next 8. How the fark can you say they were the best team in the Champ?
sandman Not according to their owners they won't. I believe the quote was ''We're 80 million in debt and are unlikely to ever be able to pay it back''.
noble16 @reading4eva, pot kettle there feller. The bobble heads may be sad to you but they are mechandise for the kids.
Ideal Maybe they were claiming to be only £80M in debt, but they just spent £20M plus the insanity-wages Carroll is on.. so I'm going to assume, the figure is probably nearer mine than yours.
under the tin .....All this transfer income has evaporated, the club introduced a bond scheme to get the fans to pay more, yet the club is many many millions in debt.
leicsRoyal I read this morning that West Ham are lining up a move for Joe Cole and Nicolas Anelka. That's some wage budget.
Ideal But the current financial model isn't sustainable. It's only money being lent (not given) by Gold & Sullivan that keeps West Ham trading. How long are they prepared to keep throwing money in for no return?
Ideal They are lending West Ham money so that when the next administration happens they have a high enough % to designate the prefered bidder, and stick two fingers up at HM Revenue.
by sandman » 14 Nov 2012 16:59
IronComesInPeacesandman Not according to their owners they won't. I believe the quote was ''We're 80 million in debt and are unlikely to ever be able to pay it back''.
Well you've just made that up. When they took over it stood at £120 million, they have since reduced it to £80 million and are continuing to pay it back. They have never once stated that they won't be able to pay it back. In fact, the only thing they do ever tell us about the debt is how good they have been at cutting costs so they can continue to pay it off and are taking the "saviour" card rather graciously - the gentlemen that they are....
by IronComesInPeace » 14 Nov 2012 17:02
sandman Might not be the exact quote but I didn't make it up. Sullivan was on football focus when he and Gold first took over and quite clearly said that there was a debt to the banks that was very unlikely to be paid off.
by oldschoolhammer » 14 Nov 2012 19:57
by Mr Angry » 14 Nov 2012 20:13
by grey_squirrel » 14 Nov 2012 20:28
Mr Angry Welcome to the board oldschoolhammer.
A really good start by your lot that we would have loved to have had, but if you read yesterday's Metro, there was some guy writing a massive column comparing Big Sam's team to John Lyall's mid 80's team; a bit premature I thought after 11 games!!!
Incidentally, we are rather more reliant on our usual 6 points from you this season than normal; those are the points that will take us above Derby's infamous total of 11 for the season!
by oldschoolhammer » 14 Nov 2012 20:34
Mr Angry Welcome to the board oldschoolhammer.
A really good start by your lot that we would have loved to have had, but if you read yesterday's Metro, there was some guy writing a massive column comparing Big Sam's team to John Lyall's mid 80's team; a bit premature I thought after 11 games!!!
Incidentally, we are rather more reliant on our usual 6 points from you this season than normal; those are the points that will take us above Derby's infamous total of 11 for the season!
by IronComesInPeace » 14 Nov 2012 22:47
oldschoolhammer Hi guys. another Irons fan invading your board. Long term West Ham season ticket holder of 33 years.
Im sorry to say that ironcomesinpeace IS NOT A GENUINE irons fan. He is a troll posing as a West Ham fan. He has posted his comments regarding our club, owners and debts on several West Ham forums and other teams forums. He claims to be ITK but he is far from it.
He has been pulled up before over this. He is ethier a Millwall or Spurs fans. Few of us were wondering once we saw this thread how long it would take him to post the exact same rubbish here that he has posted so many times before on other boards. Took him longer than usual.
Btw Mr Ironcomesinpeace no real genuine West Ham would join another board and then have a needless dig at another fellow iron fan as you have done above. This is something else he tends to do.
Best to ignore him.
by Wizard » 14 Nov 2012 23:29
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