Report: West Ham could receive staggering income over next five years

West Ham have been in splendid form recently, as they continue to push for fourth spot and a place in next season's Champions League.

The Sunday Express are exclusively reporting that West Ham United are set for a financial windfall that is set to be worth at least £1 billion over the next five years, barring any unforeseen circumstances.

Income of up to £200 million per season are expected after their move to The Olympic Stadium, and will see them take their seat amongst Europe's richest and most elite clubs.

They will be due £100 million from the Premier League, which is the payment every club is guaranteed from the new TV deal.

The club have also sold the right to build 700 apartments on their famous Boleyn Ground site - to Galliard and Barratt Homes, for a cool £20 million.

It is costing £272 million to convert the magnificent stadium into an arena fit for football, although £40 million of which is being provided by the local Newham Council, £25 million from the government and £15 million from West Ham themselves. The club will then be anchor tennants, and pay around £2 million per year in rent.

These are exciting times for the East-Londoners, with co-owner David Sullivan regularly talking up their potential, along with their Summer transfer targets.

The Hammers have been linked with many of Europe's top strikers - names that would not have been in their financial realm just last year. The signing of Dimitri Payet has been a revelation. The acquisition of players such as Payet will encourage other world class stars to join the revolution.

The stadium has just received the go ahead to increase the capacity to over 60,000, with West Ham's other co-owner - David Gold claiming on Twitter that there is potential for a further six thousand seats:

"It is possible to eventually go to 66,000 but that would be the maximum capacity."

If Slaven Bilic can steer his men to fourth in the Premier League, and in turn Champions League qualification, the possibilities for the Hammers will be endless.

With the financial firepower they will have, they will be able to compete with the best teams both domestically and on the continent. Leicester City have shown the way this year in upsetting the big boys, and who's to say that next year, it won't be the Hammers looking down from the Premier League summit?

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