Valuations as of 28 October 2026198 clubs · 10 leaguesFCV 92 (English league clubs) £32.87bnMethodology v1.1

Championship · England · valued 28 October 2026

West Ham United valuation

The FCV Index values West Ham United at £434m as of 28 October 2026, with an indicative range of £369m–499m (data grade A). That ranks West Ham United #1 in the Championship and #37 of the 198 clubs in the index. Its FCV Desirability score is 81 out of 100 (#7 of the 92 English league clubs).

FCV live enterprise value
£434m
Range £369m–499m
Grade A: Built from the club's latest filed accounts (Companies House)

Key figures

Live enterprise value
£434m
Indicative range
£369m–499m
Data grade
A (±15%)
Rank in Championship
#1 of 24
Rank in FCV Index
#37 of 198
Latest revenue
£226m
Revenue source
Companies House filed accounts
Adjusted revenue multiple
1.50x
Squad value (estimate)
€354.4m
Stadium capacity
62,500
Stadium ownership
Leased
Academy
Category 1
Owner
Sullivan / Kretinsky / Gold family
Net debt (filed)
£233m
Indicative equity value
£201m

This season

22 points from 12 games; expected finish 2.4. Value in each end-of-season outcome, with FCV's simulated probability:

Promoted£514m · 74%
Stays£208m · 26%
Relegated£188m · 0%

If promoted, the model assumes the club has to invest to compete and may go straight back down; the promoted value allows for both.

How the value is built

Revenue approach: forward revenue of £100m × adjusted multiple 1.50x = £150m.

Asset approach: realisable squad value, stadium (if owned) and training ground = £231m.

The two are blended with a weight set by division, then adjusted by the club's desirability premium of +9.9%, giving £208m if the club stays in the Championship. The live value weights each season outcome by its probability. Full methodology.

Desirability

FCV Desirability score
81/100
#7 of the English 92 · range #4–#9
Championship median 61 · value effect +9.9%

West Ham United scores 81 out of 100 on the FCV Desirability Index, #7 of the 92 English league clubs (between #4 and #9 under different weightings). That is above the Championship median of 61, which gives a premium of +9.9% on the club's value.

The score measures what buyers pay for beyond the accounts. It is built from 18 public measurements in six pillars. How the Desirability Index works.

Pillars (0–100; marker = Championship median)

Heritage and lore73
Global recognition88
Fanbase depth95
Catchment75
Location and access73
Momentum62
Top-flight seasons
68 (last 2025-26)
Major honours
3 FA Cups, 1 Cup Winners' Cups, 1 Conference Leagues
Wikipedia languages
86
Wikipedia views, 24 months
3,109,788
Average attendance 2023-25
62,464
Population within 30 km
9.7m
Distance to London
8 km
Nearest major airport
Heathrow, 31 km

Filed accounts

Latest accounts filed at Companies House by company 00066516 (company accounts). Figures in £ millions; some older filings are scanned documents read by OCR.

Year end
2025-05-31
Turnover
£226m
Turnover, prior year
£268m
Staff costs
n/a
Operating result
-£110m
Profit on player sales
£20.0m
Profit before tax
-£109m
Net assets
-£217m
Cash
£0.4m
Borrowings identified
£233m

View the filing history at Companies House

Questions

How much is West Ham United worth?

The FCV Index values West Ham United at £434m as of 28 October 2026, with an indicative range of £369m–499m (data grade A). That ranks West Ham United #1 in the Championship and #37 of the 198 clubs in the index. Its FCV Desirability score is 81 out of 100 (#7 of the 92 English league clubs).

How much would it cost to buy West Ham United?

Enterprise value is £434m. After net debt of £233m shown in the latest filed accounts, the indicative equity value (what a buyer would pay for the shares) is about £201m. Owner loans are often written off or restructured in a sale, so the final price depends on the debt agreed in a deal.

Who owns West Ham United?

FCV records the owner as Sullivan / Kretinsky / Gold family. Check the club's filings at Companies House or the relevant national registry for the current shareholding.

How is West Ham United's value calculated?

FCV blends a revenue approach (forward revenue of £100m × an adjusted multiple of 1.5x) with a realisable-asset approach (squad, stadium and training ground, £231m), then weights the values if the club is promoted, stays or is relegated by probabilities from a 20,000-run season simulation.

How desirable is West Ham United to a buyer?

West Ham United scores 81 out of 100 on the FCV Desirability Index, #7 of the 92 English league clubs (between #4 and #9 under different weightings). That is above the Championship median of 61, which gives a premium of +9.9% on the club's value.

How often is the valuation updated?

Live values are recalculated after every round of matches, and the financial inputs are updated when clubs file new accounts.

Championship valuations

#ClubLive valueRangeGradeDesirabilityLatest revenue
1West Ham UnitedSullivan / Kretinsky / Gold family£434m£369m–499mA81£226m
2Wolverhampton WanderersFosun International£333m£283m–383mA72£172m
3SouthamptonSport Republic (Dragan Solak)£269m£228m–309mA69£158m
4MiddlesbroughSteve Gibson£173m£147m–199mA64£32.5m
5BurnleyALK Capital (Alan Pace)£166m£141m–190mA61£26.7m
6Birmingham CityKnighthead (Tom Wagner)£113m£96.1m–130mA69£35.6m
7Sheffield UnitedCOH Sports (US consortium)£104m£88.8m–120mA63£34.3m
8West Bromwich AlbionBilkul Football (Shilen & Kiran Patel)£97.4m£82.8m–112mA70£30.4m
9Stoke CityCoates family (bet365)£94.0m£79.9m–108mA63£35.4m
10Norwich CityMark Attanasio£93.1m£79.1m–107mA58£39.3m
11Bolton WanderersFootball Ventures (Sharon Brittan)£76.6m£65.1m–88.1mA66£20.5m
12Cardiff CityVincent Tan£70.5m£59.9m–81.1mA55£25.8m
13Queens Park RangersTotal Soccer Growth / Sea Dream£69.2m£58.8m–79.6mA60£31.4m
14Blackburn RoversVenky's Group£62.4m£53.0m–71.8mA66£23.7m
15Bristol CitySteve Lansdown£62.0m£52.7m–71.3mA50£24.1m
16WatfordPozzo family£54.4m£46.2m–62.6mA59£26.0m
17Swansea CitySwansea Football LLC (Cravatt/Cohen)£53.6m£45.6m–61.6mA48£22.3m
18PortsmouthMichael Eisner (Tornante)£49.4m£42.0m–56.8mA59£24.6m
19Derby CountyDavid Clowes£42.3m£36.0m–48.6mA67£31.9m
20MillwallBerylson family£38.2m£32.5m–43.9mA52£23.9m
21WrexhamReynolds / McElhenney / Allyn family£34.8m£29.6m–40.0mA50£33.3m
22Charlton AthleticGlobal Football Partners£23.3m£19.8m–26.8mA59£11.2m
23Preston North EndHemmings family£21.7m£18.4m–25.0mA51£18.9m
24Lincoln CityClive Nates£20.5m£17.4m–23.6mA38£8.5m

Cite or reuse this valuation

FCV Index, West Ham United valuation as of 28 October 2026, https://footballclubvaluations.com/clubs/west-ham-united/