West Ham United have announced a record turnover of £89.8million.
They made a profit of £1.2m before interest payments in the year ending May 31, 2013, according to the club's accounts released yesterday.
The club spent £26.7m on transfers during the period but the accounts note West Ham have spent an additional £27.3m on transfers since the end of May 2013 which would include the fees for both Andy Carroll - a club record £15m - and the £5m paid for Stewart Downing.
Co-owners David Sullivan and David Gold invested £10.5m of their own money last season while costs of the Olympic Stadium project rose to £1.35m in addition to £287,000 the previous season.
