Sky Sports previously reported that West Ham have rejected bids from both Fiorentina and Atalanta.
This week reports from Italy claimed that Atalanta had made a new bid offering the Hammers a £890,000 loan fee for a season with an option to buy worth £8m but club insiders say the club have no intention of loaning or selling the player this summer.
A club insider told Claret and Hugh this morning: “Obiang is not on the managers sell list, we can’t prevent silly low offers from Italy, why would be loan him as it would leave us short?”
Obiang made his £4.5 million switch from Sampdoria to West Ham in the summer of 2015 in a deal worth £4.5m but it appears the Hammers are not ready to cash in and Pellegrini still has plans for him in the coming season.