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£5 million wage savings at Upton Park

Money

The Hammers have made £5 million available to themselves on the wage bill to help with new signings this summer.

And it looks as though most of that will be used in the bid to tempt Sunderland’s Jack Colback to join the Boleyn boys.

News broke earlier today that the Sunderland midfielder is to be offered around £50k a week to join the Irons.

However, a source has revealed to Claretandhugh exclusively that in fact “it’s nearer £45k or about £5.5 million over a three year contract.

A ClaretandHugh exclusive probe shows that already that £5 million of that  has been released off the Hammers annual wage bill with the departures of  Joe Cole, Jack Collison and George McCartney.

Cole’s combined weekly wage with add-ons was thought to add up to £40,000 per week while Collison and McCartney were closer to £30,000 per week.

This has left sufficient funds to bring in Colback who may well be heralded as the club’s marquee signing having been hailed by Sam Allardyce as the best free signing on the market.

The ending of loan deals with Roger Johnson, Pablo Armero, Antonio Nocerino and Marco Borriello will also push up the amount available on wages as West Ham look to balance the budget while keeping within the Premier League financial fair play rules.

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About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter