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No Russian escape for Irons – £15 million loss on cards

(Photo by Julian Finney/Getty Images)

West Ham will make a loss of nearly £15 million on Nikola Vlasic should he be sold to Torino at the end of the season.

There was a belief that following Government sanctions against the Russians the Hammers would not have to pay the agreed £27 million transfer fee to CSKA Moscow.

The club – since David Moyes decided to allow him to go on loan to the Italian club – have agreed to a permanent deal at £13 million should the Serie A outfit decide to buy him.

That remains in doubt anyway as the club president Urbano Cairo has said that no decision has been made and won’t be given the season has a long while to run.

However, the Irons remain in a position where they will lose money on the deal with a source at the London Stadium explaining the situation.

He told Claret and Hugh exclusively: “We have to pay to full transfer fee but Government restrictions against the Russians don’t allow us to at the moment,

“Obviously a point will come when we have to so whichever way it works out we are going to make a heavy loss on the player.”

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About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon