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Pay Up or Shut Up | Midfielder Bid Has No Benefit for West Ham

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West Ham United’s rejection of Monaco’s loan bid for midfielder Edson Alvarez makes complete sense.

Earlier today, transfer insider Fabrizio Romano reported that the French club had a bid turned down for the Mexican international. While Monaco’s interest is understandable, it’s hard to see why West Ham would entertain such an offer, even for a moment.

The Hammers are desperate to raise funds for reinforcements, a need that has become even more urgent following the news that Niclas Füllkrug is set to miss at least three months due to injury.

Initially, West Ham planned to use funds from the sale of Mohammed Kudus. However, that option is off the table. The club’s recent injury crisis in attack and the arrival of Graham Potter has elevated Kudus’s role and importance within the team.

As a result, West Ham must now explore alternative ways to generate transfer funds. Alvarez, who was a summer target for Manchester United, is one of the few saleable assets who could command a decent fee. Admittedly, his form has dipped since Man U were reportedly prepared to pay up to £50 million for him, but his value hasn’t plummeted to the point where a loan deal makes sense—unless it includes a significant obligation to buy.

The reports on Monaco’s interest outlined several reasons why Alvarez might be tempted by a move. Monaco are thriving in Ligue 1, play Champions League football, and possess an ambitious vision that makes them an attractive destination.

What those reports failed to explain, however, is how such a move would benefit West Ham. As far as the Hammers are concerned, the deal makes no sense.

Ultimately, it appears Alvarez might want to join Monaco, and the French club are keen to sign the former Ajax star. But there’s one glaring issue—Monaco seemingly lack the funds to make a serious bid.

It’s simple: pay up or shut up. While Alvarez’s form may not be at its peak, giving him away on the cheap would be a terrible move for West Ham

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2 comments

  • Morty says:

    Loan with an option to buy would not help us Gonzo as the funds are needed now not at the end of a loan agreement

  • Macephtopheles says:

    Taking £25-30 million for him and recalling Potts could be worthwhile.

    From what I understand of the FFP rules, a 5 year contract means their value drops by 20% a year so 2 1/2 years should be 50% (but may be wrong…) which means anything over £17.5 million should count as profit seeing as we spent £35m on him.

    If we offload Alvarez and recall Potts then his position is covered so it might not be an entirely awful bit of business. But as said, unless a loan comes with an obligation to buy in those regions then it’d be silly business… so I’m fully expecting Potts to remain on the books at Portsmouth and Alvarez to be a Monaco loan-signing with zero purchase obligations come Wednesday…

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