West Ham United have announced huge losses in their latest accounts with the club also facing relegation from the Premier League this season
Nuno Espirito Santo looks on
Nuno Espirito Santo faces a tough task to help West Ham United avoid relegation from the Premier League (Image: Getty Images)
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Figures announced by West Ham show a dramatic change from a profit of £57.2m in the previous financial year. The club say that turnover fell £42.1m to £227.6m after a lower league finish, fewer live TV games, no European football and a reduced profit from player sales
The east London club say their latest accounts forecast a cash shortfall this summer - even if they avoid relegation from English football's top-flight. Nuno Espirito Santo's side currently sit in the final Premier League relegation position (18th) and are two points off 17th-placed Nottingham Forest with 11 games left to play.
And West Ham have admitted In a board report to shareholders that sales will be needed in the summer. They add that shareholders will have to provide more funding.
The club said: "Under both the base case and severe but plausible case forecasts, mitigating actions are required in order to have sufficient liquidity for the Group to meet its liabilities over the going concern period."
The report adds: "The primary mitigating action within the control of the Group is cash receipts from further player trading. Should this not be preferred or sufficient, additional funding from the shareholders would be required.
"In the event the severe but plausible scenario occurs, the Group is also forecasting a liquidity shortfall in summer 2026 to a greater severity. Accordingly, more significant mitigating actions would be required such as further player disposals to generate transfer fee income and wage savings, or additional funding from the shareholders, or a combination thereof."
West Ham signed five players in the January transfer window as they seek to avoid the drop. The Hammers signed forwards Pablo, Valentin Castellanos, Adama Traore and defender Axel Disasi.
Nuno's men could move out of the relegation zone on Saturday if they secure victory at Liverpool (3pm kick-off) before Forest travel to Brighton on Sunday afternoon.
The Hammers have won just six league games this season. They are, however, unbeaten in their past three.