Kieran Maguire: West Ham could be sold for ‘£1bn’ as ‘best deal in world football’ analysed
West Ham have the “best deal in the world of football” when it comes to the rental agreement at the London Stadium – and this is reflected in their value as a business.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the Hammers’ £3million-a-year deal at their 68,000-seater home.
David Moyes’ side have taken just four points from their opening seven matches this term, but their form has not scared off supporters.
As relayed by West Ham Zone last Sunday (25 September), the Irons’ average attendance of 62,447 is the eighth-highest in Europe so far this season.
Maguire explained how the matchday income their supporters bring will raise the price of any future takeover.
“I don’t think the West Ham owners are looking to their own resources to increase the value of West Ham,” he told Football Insider’s Adam Williams.
“I think they think the player roster, with the likes of Declan Rice, can generate those revenues independently.
“They have also got the minority investment from Kretinsky, which has put further money into the coffers.
“They think the club has got an exciting brand and they have got the best deal in the world of football in terms of the taxpayer-funded stadium. Any potential owner will see the benefits of that.
“That is why the asking price for the club will be between £800m to £1bn. On fundamentals, you wouldn’t say it’s worth that, but the London and stadium factor have huge upsides.”
In other news, David Moyes could axe Tomas Soucek to save West Ham job.