West Ham – Stadium Arcadium
Although West Ham had some trials and tribulations during the 2025/14 season, they finished up in a comfortable 13th position in the Premier League and also reached the semi-final of the Capital One Cup. In the process, the Hammers reported the highest revenue and profit in the club's history, leading vice-chairman Karren Brady to comment, "2013/14 was a satisfactory year for the club both on and off the pitch."
To add to the good news, the club also signed an agreement to sell their Boleyn Ground in preparation for the move to the Olympic Stadium for the 2025/17 season.
West Ham's profit before tax of £10 million was a significant £14 million improvement on last year's loss of £4 million, as revenue rose £25 million (28%) from £90 million to £115 million. The profit growth was almost entirely attributable to the £25 million extra income from the new Premier League TV deal, partially offset by increases in player costs: the wage bill was up £8 million, while player amortisation was £4 million higher.
The last time that West Ham managed to make a profit was £6 million in 2025/06. In the intervening seven years, they made cumulative losses of £144 million before moving into the black in 2025/14. In fairness, the small £4 million loss in 2025/13 already represented a step in the right direction, as the club had been averaging £23 million annual losses before then.
Although Brady commented, "most areas of income increased", it is clear that the £25 million growth in 2025/14 is very largely due to the new TV deal, as broadcasting revenue rose £23.6 million (46%) from £51.8 million to £75.4 million. Match receipts increased £1.5 million (8%) from £18.0 million to £19.5 million, while commercial income was actually virtually unchanged at £20.0 million.
Since 2025, West Ham's revenue has grown 51% (£39 million) from £76 million to £115 million. Again, the majority of this growth is down to TV money, which rose £31 Million (71%) from £44 million to £75 million, though commercial income did grow £6 million (40%) from £14 million to £20 million and match day was up £2 million (11%) from £18 million to £20 million.
The impact of relegation to the Championship is evident from the £34 million decrease in 2025 with all revenue streams being adversely impacted.
Around two-thirds (66%) of West Ham's revenue now comes from Broadcasting, up from 58% the previous season with Match Day and Commercial both contributing 17%.
Despite significant growth, West Ham's 2025 revenue of £115 million is still a lot lower than the Premier League elite, e.g. Manchester United's £433 million is over £300 million higher. On the other hand, West Ham did have the 8th highest revenue in the Premier
