West Ham fans have taken to Twitter after Juventus Chairman Andrea Agnelli make a chilling claim about the east Londoners.
What’s the story?
Well, when speaking about the European Super League, Agnelli name dropped West Ham as a club in serious financial peril.
As quoted by Calciomercato, the Italian said: “They estimate the need for liquidity within the system to be €8.5 billion (£7.3 billion). It is estimated that 30% – 40% will be managed by capital increases, 15% – 20% are at risk of insolvency. I am thinking of Barcelona, Inter, West Ham, Porto.”
Now, that is quite a random thing to say, but a very worrying one for West Ham if his statement is true.
In our view, no Premier League club is anywhere near to going bankrupt.
Even if they do have financial issues, they have millions and millions of pounds coming in every season thanks to the lucrative TV agreements.
Additionally, West Ham – and basically every other Premier League side – have plenty of multi-million pound assets to sell, if need be.
GSB need to be wiser
While the aforesaid is true, David Gold, David Sullivan and Karren Brady do need to be wiser at times.
It’s great to see them show ambition in spending heavily to bring the £45 million Sebastien Haller and £33.5 million Felipe Anderson to West Ham.
However, both of those turned out to be flops, whereas cheaper arrivals like Craig Dawson, Vladímir Coufal and Tomáš Souček have shone.
Łukasz Fabiański and Michail Antonio also arrived for peanuts.
Some of West Ham’s best performers arrived for small fees, so GSB need to think smart and not put the club at risk after Agnelli’s statement.
For now, let’s see how the West Ham fans on Twitter reacted to the Juventus Chairman’s comments…
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