Sullivan: We're paying Carroll's wages out of our own pockets... We want the best team because we are West Ham fans

Posted Friday, September 21, 2012 by Dailymail

Sullivan: We're paying Carroll's wages out of our own pockets... We want the best team because we are West Ham fans
At ease: Sullivan outside his Essex mansion

‘We also inherited players on enormous wages who weren’t worth the money.

‘Just before we arrived, the previous owners took an advance on the next two years’ season-ticket money. So we got no season-ticket money in the first two years. They’d taken part of the shirt sponsorship money quite a few years up front, so all the normal sources of income weren’t there. The cupboard was bare.

‘Every player was being paid on the drip. Sheffield United were being paid on the drip. Every possible loan had been taken out. The assets were the players being paid on fat contracts and a stadium — because of where it is — that is probably worth less than my supermarket.

‘Now we obviously want to move to the Olympic Stadium. For three years we’ve been trying to secure it. We believe we have the best bid. We will make football affordable to all because we will have the seats to do deals, and we will make the whole stadium economically viable. We will embrace the athletics legacy and make it a brilliant, multi-purpose facility.’

« Previous 1 2 345 6 Next »