West Ham have officially confirmed that first team squad players Carlton Cole, Guy Demel, Jussi Jaaskelainen and Nene will all leave the Club at the end of their contracts on 30th June.
The release of these senior players will free up around £125,000 per week of wages which is £6.5m per season off the wage bill. Although not mentioned Loanee Alex Song is expected to save another £75,000 per week in wages after his loan ended.
Young Academy players Kieran Bywater, Sean Maguire, Paul McCallum and Dan Potts will also depart the Boleyn Ground after not being offered new contracts. Hammers scholars Jerry Amoo and Kieran Bailey have been released, while Taylor Tombides will also be moving on.
Released Under 16 Academy players include Nathan Parsons, Tom Carlton, Keagan Cole, Nathan Douglas, Matthew Campbell, Billy Holmes and Louis Yuill. Yuill has joined Birmingham youth while Campbell has joined Millwall youth setup.