A close confidant of West Ham owner David Sullivan has dropped a bombshell, claiming the Hammers could be set for a £95m splurge in the January transfer window. The club is staring into the abyss, both on and off the pitch, with relegation looming large and financial losses piling up.

West Ham’s failure to invest in the team during the summer transfer window has come back to haunt them, with the club now facing a potential PSR breach and record losses exceeding £100m. The board is under pressure from fans, who are calling for new ownership and an end to the financial mismanagement that has plagued the club.

A Lifeline from the Owners?

According to Sean Whetstone, a close ally of Sullivan’s, the owners could inject funds into the club to try and save them from relegation. This would be the first cash injection from the owners since 2020, when they bought £30m of shares to shore up finances during the pandemic.

Whetstone claims that the club’s financial situation is prompting serious panic in the boardroom, and that the owners may be willing to invest heavily in Nuno Espirito Santo’s squad to try and turn things around. However, it may be too little, too late, and the club’s fate may already be sealed.

A Complex Financial Situation

The Premier League’s Profitability and Sustainability Rules (PSR) allow owners to inject up to £90m over three years to cover losses up to £105m. However, the rules are set to change, and it’s unclear whether West Ham will be able to take advantage of the current regulations.

With the January transfer window looming, West Ham fans can only hope that their owners will come up with the goods and provide the necessary funding to try and save the club from relegation. But will it be enough? Only time will tell.