West Ham's soaring profits please owner David Sullivan
West Ham have announced record pre-tax profits of over £10million - with joint-chairman David Sullivan stating he is "satisfied with the achievements" the club have made.
The Hammers sit sixth in the Barclays Premier League heading into the New Year and just two points off the Champions League positions.
The club have also unveiled their plans for their new Olympic Stadium home and agreed the sale of their current Upton Park site.
In a statement issued on their official website West Ham announced their latest figures, with many showing an upturn in fortunes with Sullivan announcing over the weekend he is hoping he and co-owner David Gold can sell a 20 per cent stake in the club.
"West Ham United are pleased to announce a record group profit before tax of £10.3m following a successful 2013/14 for the club both on and off the pitch," the statement read. "This is a significant improvement on last year's loss before tax of £3.5m."
Sullivan said in the statement that the board want to continue the improvements.
"My board and I are satisfied with the achievements in the 2013/14 season," he said. "We continue to believe we will deliver both on and off the pitch by investing in the team, the brand and managing the business well."