Monday, July 02, 2007

Let's Attack West Ham

ESPN are the latest media outlet to attack West Ham's overspending. Our largesse is apparently distorting the market so much that it will lead to the ruin of the beautiful game and ultimately will destroy the world's economy. I'm not going to provide a link to the ESPN story because it isn't worth reading and you have heard it all before.

Instead let's look at the facts. Off the top of my head only three Premiership clubs have made any real impact on the transfer market so far in this window Man Utd, Sp~@rs and West Ham.

Man Utd have signed (or are awaiting clearance to sign) Hargreaves (£17 million), Anderson (£18 million) and Nani (£14 million)

Sp~@rs have signed Bent (£16.5 million) and Bale (£5 million rising to £10 million)

West Ham have signed Parker (£7 million) and Faubert (£6.06 million)

So Man Utd have spent, or are likely to have spent, £49 million, Sp#~s between £21-26 million and West Ham £13 million.

I can't believe we are distorting the market in such a fashion. And to make matters worse West Ham are likely to offset that £13 million by selling Reo-Coker and Benayoun for in the region of £13-£15 million. How very dare we.

6 Comments:

At 4:29 AM, Anonymous Pinski said...

We'll its all fine and good that we haven't spent nearly as much as the other clubs, I for one am extremely worried about the wages we keep throwing around.

If we can afford them great, but if we have another season like last year - Leeds here we come.

 
At 4:54 AM, Blogger ed said...

I'm sure there is some truth in the rumours about the high wages but I suspect there is some exaggeration as well.

How high a wage should the club offer to tempt Tevez?

Kind of a catch 22. The club stretches the finances to attract quality to try and avoid relegation but if relegated they then find themselves in financial difficulties.

Lucas Neill seems to be the player most cited in terms of high wages. I'm bloody glad that we got him and if it was a gamble it paid off.

So for now in Eggy I Trust.

 
At 10:42 AM, Anonymous Anonymous said...

The ESPN article was originally published on 18th June. So, whilst it is still annoying to see it placed on the England main page again, it's just a rehash

 
At 12:59 PM, Anonymous greezy pimp said...

This is just part of the ongoing Bash West Ham campaign. Since the start of the Arbitration hearing the press have repeatedly lied about it's purpose and power, painting West Ham as cynical cheats. With any luck The Egg man will have a hit list of people to sue for slander, deformation and restriction of trade when an announcement is made.

 
At 1:16 PM, Blogger ed said...

One of the rumours for the delay into the arbitration's results has been that it has agreed with the original decision and that Eggy was about to start firing off law suits against those slandering West Ham.

The rumour suggests the delay is whilst the Premier League tries to dissuade Eggy. In a way I hope it isn't true. it would be nice to get this whole mess out of the way and just get on with the football.

 
At 2:08 PM, Anonymous greezy pimp said...

I take your point Ed and to be fair Eggy has behaved impeccably throughout this whole business and next to the shabby shower from Sheffield United, Wigan and Fulham has really managed to claim the moral high ground. However I'd still like to see him send some shots across the bows of Fleet St's finest.

 

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