Hammers will have to let defender go!
The Hammers wanted to sign him in the summer but the player instead opted to sign a new five year deal at the Emirates.
And once that was agreed, Arsene Wenger told the Hammers owners that the right back would cost them £15 million if they wanted to take him to Upton Park .
Instead David Sullivan and David Gold agreed another loan deal which will cost the Hammers a whopping £4 mllion for the season in wages and appearance bonuses.
ClaretandHugh has learned the terms of the deal and Jenkinson certainly hasn’t come cheap with loan fee, basic wages and various bonuses to both Arsenal and the player.
We are paying Arsenal a £1.5m loan fee plus £10,000 for every starting appearance whilst the Harlow-born 23 year old picks up £5k for every start.
Sunderland had offered Arsenal a £2m loan fee, but Jenkinson had been so happy at the Boleyn last season that he insisted he returned to the east end.
However, Arsenal have no intention of letting the player move on for anything less than £15 million and the Hammers will not be playing at that price.
Our source explained: “He’s a decent player but we don’t see him as a £15 million player. We can’t go there and Arsenal won’t budge so it’s extremely unlikely he’ll be here next season.”