sport news West Ham admit Premier League survival is a financial 'necessity' for their ...

West Ham admit Premier League survival is a financial 'necessity' for their future… as they reveal a pre-tax annual loss of £28.8m West Ham are only outside the relegation zone on goal difference They have a game in hand on Wednesday against league leaders Liverpool Club accounts detail how important Premier League survival is to West Ham

By Jack Bezants for MailOnline

Published: 10:00 GMT, 28 January 2020 | Updated: 11:40 GMT, 28 January 2020

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The precarious position of West Ham's future can be revealed by the state of their accounts, which show that Premier League relegation would deliver a major blow to their financial stability.

The documents say that remaining in England's top division is 'an absolute necessity for the financial well-being of the club' and that 'the group's principal risk remains that of the football club being relegated… with the serious financial consequences which follow.' 

The cost of transfers, wages and improved facilities at West Ham's Rush Green training complex delivered a pre-tax loss of £28.8m in the previous financial year.  

West Ham owners (L-R) David Sullivan and David Gold are under increasing pressure

West Ham owners (L-R) David Sullivan and David Gold are under increasing pressure

West Ham's accounts show how financial stability could be threatened by relegation

West Ham's accounts show how financial stability could be threatened by relegation

David Moyes' side are only outside of the relegation zone on goal difference

David Moyes' side are only

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