West Ham owners Gold and Sullivan invested £35m into promotion campaign

West Ham United co-owners David Gold and David Sullivan have revealed they invested £35million into the club in order to help with promotion to the Premier League.

West Ham United co-owners David Gold and David Sullivan have revealed they invested £35million into the club in order to help with promotion to the Premier League.

The Hammers are back in the top flight this season after forcing their way out of the Championship via a playoff win over Blackpool last campaign with Sullivan revealing they put in a loan of close to £35m, £3m of which has been re-invested this year.

"Both myself and my partner David Gold decided to invest our money into achieving promotion," Sullivan wrote in his statement.

"During the season we invested a further £32.2m of our cash in order to allow the manager to go into the transfer market and buy the players we needed to secure promotion.

"During that period we brought or loaned 18 players, most notably Kevin Nolan, Matthew Taylor and Ricardo Vaz Te, investing a total of £17.1m."

 
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