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Spurs to take advantage of Hammers financial crisis?

Tottenham are looking to take advantage of West Hams perilous financial situation by bidding for a number of their players.

Icelandic bank Landsbanki are struggling to keep the Hammers afloat, and it’s believed many of West Ham’s stars will depart in the January transfer window.

Matthew Upson, Dean Ashton and Scott Parker have all been linked with moves to the Lane following Landsbanki’s takeover. The Icelandic bank have apparantly put the whole squad ‘up for sale’ with no Hammers players determined indispensable. The new West Ham board hope that by using this policy, only 5 to 6 players need to be sold in order to help the Hammers finances and see the club rise out of the mounting debts.

It is believed that West Ham have valued Upson at £5mil, with Parker valued at £3 mil and Ashton valued at £7.5 mil. Compare this to last years valuations and it’s easy to see the staggering difference. Last year Upson was valued at £9mil with Parker being bought in from Newcastle for £7mil. When Tottenham enquired about Ashton’s valuation last year, it is believed that they were told that the Hammers would accept nothing less than £6mil for the striker.

Many in the game believe Matthew Upson would jump at the chance to play for Spurs, despite having to battle for places with club skipper Ledley King, Carling Cup hero Jonathan Woodgate and impressive youngster Michael Dawson. The defender played for Birmingham before joining West Ham in a £6mil deal, which could still rise to £7.5mil depending on club appearances.

Scott Parker would almost certainly make the small trip across London to join the Spurs after being a childhood fan. And after seeing Tom Huddlestone, Luka Modric and Jermaine Jenas all struggle in the middle of the park for Tottenham, he would surely be given a chance at Spurs.

Less clear is Dean Ashton’s possible future. Spurs have been crying out for a striker this season, with neither Darren Bent or Roman Pavlyuchenko performing well. However Ashton is injury-prone; thus, Spurs would probably refrain from offering him the money he is currently on at Upton Park.

This news is likely to come as another blow for West Ham fans. After having to deal with the clubs shirt sponsors, XL, going bust Hammers fans than watched on as their club was hit with a massive fan regarding the Carlos Tevez move. And now, the cherry on the bitter cake, is to see 3 of the clubs best players linked with their hated city rivals.

For those who don’t know, West Ham’s financial trouble began when their shirt sponsor, XL, went bust. XL payed West Ham £7.5 mil last year to sponsor West Ham, with the contract set to run at three years. The company going bust has cost the Hammers around £5mil, a highly dangerous amount in this credit cruch age.

West Ham could also have to pay up to £30mil, in regards to the Carlos Tevez inncident.

Despite all the doom and gloom at Upton Park, however, in the last 24 hours things have begun to look up for the Hammers. It has been revealed there is still hope of overturning a fine in the Carlos Tevez tribunal and a new shirt sponsor is close to being found.

Meanwhile many Tottenham fans are hoping that the 3 West Ham players can be signed as Spurs search for the kick-start to their season.

Last time West Ham were relegated Spurs snapped up two of their players, who pushed Spurs up into the top five: Michael Carrick, Jermain Defoe. Could Matthew Upson, Scott Parker and Dean Ashton fire Spurs back into that top5 spot?

 

 

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