West Ham United manager Sam Allardyce believes Financial Fair Play regulations could harm his club’s bid to sign Liverpool striker Andy Carroll.
West Ham United want to sign England striker Andy Carroll from Liverpool on a permanent basis this summer, but manager Sam Allardyce suggests that financial fair play regulations may scupper the deal.
The Hammers boss says that both he and club chairmen David Gold and David Sullivan are keen to bring Carroll to Upton Park on a permanent basis, but their hands may be tied.
“Financially you are restricted to be able to do it,” said Allardyce, as quoted on the BBC Sport website.
“So in one fell swoop the financial restrictions mean Andy Carroll can’t sign for us from Liverpool because it’s too expensive, even if he wanted to.”
The issue for West Ham is that they have to avoid making a total loss of £105 million between 2013 and 2016, and given that Liverpool will want to recoup as much of the £35 million outlay spent on Carroll as possible, that would likely eat into a significant portion of West Ham’s budget over the next few seasons.
What’s more, with the Hammers starting to think about moving on from Upton Park to the Olympic Stadium, they will need to be conservative with money if they are to adhere to FFP regulations whilst at the same time progressing.
Liverpool meanwhile face a big effort to get Carroll off their books, and if he continues to be surplus to requirements, the Reds could have wasted a colossal sum of money in transfer fee in wages.