Financial

Payments to Premier League clubs for the 2018/19 season

I came across a nice little breakdown of the combined TV money, commercial revenue and prize money that each team in the Premier League received last season and it makes for interesting reading.

Each team secured a guaranteed £34.3m equal share of the TV money then on top of that they receive a facility fee which depends on how many of your games are shown on TV, in 2018/19 West Ham were shown on TV 16 occasions so received a facility fee of £18.9m accordingly. Then depending on your final league position you then get a merit payment which is about £2m per league place so we received a further £21.1m for finishing 10th in the league and then every team receives £4.9m from commercial revenues.

International TV money this season was a fairly hefty £43m which is split equally between every team BUT that will change next season after the top six clubs won their battle to earn a greater share of that revenue. They argue that because they have more fans abroad, they are entitled to a greater share of the money made from foreign territories so the gulf between the top 6 and the rest will continue to grow as the Premier League granted their wish. I’m not sure many people are aware of this bizarre decision so feel free to have a rant below.

In total West Ham received £122,528,663 for the 2018/19 season placing West Ham 10th place in terms of money received which seems fair as we did finish 10th in the table and all of the Premier League teams combined received just shy of £2.5 billion between them with bottom placed Huddersfield still raking in £96.6m which is staggering considering Juventus, the Serie A champions only earned £102 million according to an analysis from the football finance blog Swiss Ramble.


News

West Ham sixth highest spenders in Premier League agent fees list for 2018/19

West Ham United paid out just over £14,000,000 in agent fees during the last two transfer windows newly released figures have revealed.

On Wednesday the annual list of agent fees were released by the FA and the results don’t make for great reading. Fairly recently the decision was made by the authorities that all agent fees paid by English clubs have to be made public for transparency reasons. These are fees paid to both agents and intermediaries and it is fairly common practice these days to pay agents to also help renew existing players contracts and even assist in moving players on, the latter is something I feel we might need to heavily rely on in the summer if we are to sell some inconsistent high earners that aren’t offering value for money.

West Ham were overall the 6th highest spenders amassing a staggering £14,414,845 on agent fees over the last 12 month from February 1 2018 to January 31 2019. In total Premiership clubs paid a staggering £260m to agents and intermediaries with Liverpool alone paying out close to £44m! with Chelsea and Man City making up the top three.

This is a huge drain on the sport and can’t be sustainable when the amount agents take from the game increases significantly each year, one thing is for sure West Ham certainly aren’t getting value for money from our dealings with agents currently, some might even say those who hold the purse strings are massively overpaying for inconstant or average players. I don’t think this is quite the top 6 fans wanted to break into especially now a bottom half finish is looking more and more likely.


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