West Ham United co-owner David Gold has moved to clarify the club’s position on recent transfer activity.
Manuel Pellegrini has wasted little time reshaping his West Ham squad this summer.
The Chilean is believed to want six or seven new recruits during the transfer window.
Andy Carroll, Samir Nasri, and Adrian have been released.
Perez and Fernandes kickstart big summer sale
Lucas Perez and Edimilson Fernandes were also the first of what is expected to be a raft of players sold as they departed for Alaves and Mainz respectively this week.
West Ham co-owners Gold and Sullivan have reportedly handed Pellegrini a base transfer budget of £30million.
But crucially they will also hand him all proceeds from player sales on top.
Perez and Fernandes are believed to have fetched around £10.5million to add to West Ham’s kitty.
Supporters confused over transfer fees
Supporters don’t know for sure, though, as the fees have not been disclosed.
That has led to all sorts of theories from fans. Many think the club is choosing not to announce the amounts so as not to raise expectations over how much Pellegrini will have to spend.
Others believe Sullivan and Gold are finally being shrewd by keeping the fees quiet so clubs do not demand more from them if West Ham come knocking for a player.
But Gold claims the reason the Perez and Fernandes fees were ‘undisclosed’ was not the club’s decision.
“It was the player and the buying club’s request,” Gold said on Twitter when pressed as to why the fees were not made public.
It was the player and the buying clubs request. dg https://t.co/xii4FUml1E
— David Gold (@davidgold) June 4, 2019
It seems the owners cannot win with some fans.
Hammers finally showing savvy
One of the major bones of contention during angry protests last year was the embarrassment caused by the very public way Sullivan, Gold and vice-chairman Karren Brady conducted West Ham club business.
The owners vowed to keep a lower profile to appease fans.
And they have been true to their word thus far since appointing Pellegrini and director of football Mario Husillos.
It has certainly worked. The Hammers are no longer a circus of stories for the tabloid press.
And transfer business has improved dramatically too.
Long may it continue.