Premier League clubs on alert as West Ham set to lose £10m Upson

08 August 2009 22:49
On the move? Upson[LNB]West Ham are set to lose England defender Matthew Upson after the club's cash-strapped Icelandic owners ordered them to raise £10million from player sales before the close of the transfer window.[LNB]Despite previously stating that Gianfranco Zola would be under no pressure to sell players, Icelandic bank Straumur, who own West Ham through CB Holdings, have told chief executive Scott Duxbury he must raise cash in the coming weeks.[LNB]Straumur are desperately trying to stave off bankruptcy by pacifying their creditors and Upson is the most bankable asset at Upton Park. [LNB]The former Luton and Arsenal defender, 30, has previously been linked with Manchester City, in the event of Mark Hughes failing to prise Joleon Lescott out of Everton, and with Tottenham, but he might also be an attractive option for England's four Champions League clubs.[LNB]Duxbury will have 17 hours longer than previously expected to raise the £10m because the Premier League have decided to extend the transfer window to 5pm on September 1 to take account of August 31 being Bank Holiday Monday.[LNB] Gianfranco Zola eyes Luca Toni and Eidur Gudjohnsen as West Ham continue to fire blanksLuca Toni keen to join up with pal Gianfranco Zola at West Ham - but will Spurs hijack the deal? WEST HAM UNITED FC

Source: Daily_Mail