West Ham: Expert warns of ‘severe’ financial crisis as takeover named key to player survival

Mar 20, 2026 - 08:30
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West Ham: Expert warns of ‘severe’ financial crisis as takeover named key to player survival

West Ham United need to agree a takeover deal if they want to keep star players at the club next season.

That is according to ex-Everton, Aston Villa, and Aberdeen chief executive Keith Wyness, speaking exclusively to Football Insider, amid West Ham’s financial situation.

There has been pressure from West Ham fans on chairman David Sullivan and vice-chairman Karren Brady to sell the club throughout the season.

Latest financial accounts reported that the club made a loss of £104million across the 2024-25 season, which has put emphasis on player sales this summer.

West Ham agreed a loan of £124m from Rights and Media Funding to increase cash flow in the short term, whilst the club battles against Premier League relegation on the pitch.

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West Ham have ‘severe financial issues’

Everton’s former chief Keith Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – thinks player departures at West Ham may depend on whether a new ownership comes in more than relegation.

Speaking on the new edition of Football Insider‘s Inside Track podcast, Wyness believes the Hammers could keep players if the current owners sold the club.

Transfer Debt£195m
Annual Turnover£227.6m
Matchday Income£39m
Broadcast Revenue£132m
Figures based on West Ham United Annual Report 2024/25 and Deloitte Football Money League 2026.

He told Football Insider‘s Inside Track podcast: “It’s interesting. We talked previously about West Ham players with Matheus Fernandes. Will there be a move, will it depend on relegation or not?

“I think that a lot of the West Ham issues are going to be around new ownership. There are severe financial issues at West Ham.

“And if a new owner was to come in, then I think that would be the key in terms of keeping at least the core of the squad.”

West Ham interested in agreeing Axel Disasi deal

Sources have told Football Insider that West Ham will start talks with Chelsea over signing Axel Disasi on a permanent deal.

Disasi joined West Ham on loan from Chelsea in the January transfer window, and has started every Premier League match since his arrival.

A deal to bring Disasi to the London Stadium will only be viable if West Ham remain in the Premier League, with only goal difference keeping the Hammers in the bottom three.

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The post West Ham: Expert warns of ‘severe’ financial crisis as takeover named key to player survival appeared first on Football Insider.

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