Hammers must repay loan next month

West Ham must repay a £23m a short term loan from Rights and Media Funding Limited next month. The money akin to an overdraft facility was taken out on 10th August last year from a company thought to be backed by Billionaire West Ham fan Michael Tabor.

The club is almost certain to take out a new short term loan in August this year to help with cash flow in the transfer window.

The Hammers signed Pablo Fornals for a reported £24m,  that deal is likely to require a third of the money up front meaning West Ham must transfer £8m to Villareal in July also.

With so many demands on the club’s bank balance, West Ham is likely to prioritise on selling the likes of Pedro Obiang, Javier Hernandez, Reece Oxford and perhaps Sam Byram/ Jordan Hugill to bring in some much-needed cash back the other way to allow the Hammers to compete in the summer transfer window.