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West Ham Worth on the Rise

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West Ham United Announce New Chairmen
Times have changed.
Photo by Julian Finney/Getty Images

Forbes released their annual rankings of clubs by worth West Ham were in the top 20, coming in at number 15. Per the rankings: “Despite slipping in the Premier League standings to eleventh in 2016-17 from seventh the previous season, fan support for West Ham United reamains strong with 52,000 season ticket holders at newly renovated London Stadium.” (See BtH information on season ticket renewals here.)

According to Forbes, the club are valued at $634m (£496m) with $213m in revenue. The Hammer’s worth is on the rise, with the club worth 17% over last year, with value rising from $309m in 2015 to this year’s figure of $634m (that’s over double in a two year span). However, looking deeper into the numbers, it is clear that West Ham have benefitted greatly from TV revenues, with $334m (54.2%!!!) of that value being derived from broadcasting deals; the “brand” (the portion of a team’s value in excess of the value derived from match day, broadcasting and commercial sources) is valued at $77m, or 12% (compare to Manchester City’s brand worth of $303m). Also of note, the club’s debt/value is 11%. Hopefully the club will take some of that new worth and invest in the squad this summer to improve upon this past season.