West Ham United have revealed how they are managing to pay £35m striker Andy Carroll, reports the Daily Mail.
The England striker joined the Hammers on a season long loan deal last month and co-owner David Sullivan has lifted the lid on the financial implications to the deal.
Basically, he says that he is paying for Carroll’s wages and the significant loan fee, from his own pocket.
Sullivan revealed: “We are financing everything out of our own money.”
“Had we not put money in this year we could not have bought a player. Because there is not sufficient money to pay the debt.”
“I cannot give confidential details of contracts but for the period of time Andy will be with us it’s as expensive a player as we have ever signed.”
With this in mind, it is of course extremely disappointing that Carroll is out injured for a few weeks.
The West Ham board backed Sam Allardyce to sign the player, but now they have to wait for him to make a proper impact.
Upon the England man’s return, they will hope he can repay the money paid with the goals to help West Ham stay in the Premier League.
It seems that Sullivan and fellow owner David Gold will be willing to fund some January transfers for West Ham too.
Much might depend on how the team are doing, but it seems certain that the Hammers will be linked with several big names in the New Year.