West Ham could be about to announce £100m+ loss as deadline edges closer
West Ham have put themselves in with a chance of avoiding relegation from the Premier League following their upturn in form.
Nuno Espirito Santo’s side have claimed 11 points from their past six top-flight matches, moving them within two points of fourth-bottom Nottingham Forest.
The difference between playing Premier League and Championship football is seismic for a club like the Hammers, having spent the past 13 years in the top flight.
West Ham are in line to lose more than £60million in revenue if they are unable to avoid the drop this season.
Meanwhile, official club documents could be about to reveal an even bigger issue at the London Stadium.
Why West Ham could announce huge losses
West Ham insider Sean Whetstone reported in December the Hammers’ accounts for last season will show losses of more than £100m.
However, the Irons are yet to publish their latest accounts despite a deadline edging closer.
As one of the few Premier League clubs to have a 31 May accounting date, West Ham must submit their accounts to Companies House by Saturday (28 February).
In previous years, the Hammers have acted well in advance of the deadline, with their latest published accounts for 2023-24 uploaded on 13 January last year.
While there is still time to do so, the decision to leave it later than usual does raise questions around why London Stadium chiefs have taken this approach.
Perhaps it could be because the losses have reached the £100m mark, which will no doubt lead to plenty of questions around the club’s operations.
How West Ham have performed financially in recent years
West Ham have been well-run from a business perspective over the past few years despite the ill-feeling from the fans towards the likes of David Sullivan and Karren Brady.
The anticipated heavy losses are a sign of just how quickly things can change when results on the pitch decline.
West Ham posted a club-record revenue in 2023-24 after their turnover surged from £236.7m in 2022-23 to £269.8m, while they turned a £17.1m loss into a £57.2m profit across the same period.
That was driven by their improved position in the Premier League, having finished ninth in David Moyes’s final season at the London Stadium, as well as higher European income.
However, the Hammers ended 2024-25 in 14th spot under Graham Potter, who replaced Julen Lopetegui in January 2025.
Relegation to the Championship this season would be crippling for West Ham, with a significant drop in revenue on the cards.
Nuno’s side will be hoping to ease those fears when they take on Liverpool at Anfield on Saturday.
To read more about the Hammers’ financial situation, head over to West Ham Zone.