Relegation not a bad thing according to a Chelsea fan
truly worrying was a rumour whispered in our ears from an insider at Upton Park. Reflecting on our comprehensive pulverising of the ‘Appy Hammers’, said insider said that she wasn’t too worried about West Ham’s worst ever start to a season. The woman concerned said, to paraphrase, “look, West Ham’s in a lot of debt, it would be better for all concerned if we got relegated this season.” Excuse me?
Said insider (and it’s not Ms Brady) continued, “people think relegation is the end of the world but it’s not. If West Ham go down we get a full year’s Premiership parachute payment yet the players wages are cut in half. We’ll still get a full ground. The bottom line is that we’ll clear £30 million profit if we go down and come back up the following year.” She finished by saying, “if we then sell Carlton Cole or one of better players in January you can add another £10 million.”
The bottom line is that if West Ham go down and come back up the following season, Sullivan and Gold can pay off a massive £40 million on their debt. Whilst the insider didn’t want to be named she hinted that if West Ham go down a few bottles of bubbly might be opened in certain areas of the East End. Allegedly.
Whilst we’ve got very little time for the East Londoners, we have to say that if West Ham’s strategy to clear their debts is relegation then all of football is in trouble, not just the Hammers.