Hammers vice-chairman Karren Brady has promised the board will look to bring in new recruits when the transfer window re-opens for business in the New Year.
Vote of confidence: Under-fire Avram Grant has received the backing of the West Ham board
Grant has guided West Ham to just one league win from 13 games leavingthe east London club rooted to the bottom of the Barclays PremierLeague, facing calls from some sections of supporters to quit.
Money talks: Karren Brady says Grant will have money to spend
But Brady insists the board have every faith in the former Chelsea and Portsmouth boss and will give him funds to improve their current situation.
'Nobody is happy about the situation, least of all the players and themanager and, of course, most importantly the supporters,' said Brady.
'There's not an infinite amount of money. We've already spent £16million in the summer. But if we have to go again we will.
'We know January is coming and we are already identifying targets tohelp the team improve and climb off the bottom of the table.
'The January transfer window gives us, the board, the opportunity to help the manager and the team so we'll look forward to doing that.'
Brady insists the club are not about to 'press the panic button' - reiterating the board's backing for under-fire manager, Grant.
Don't panic: Brady is confident basement boys West Ham can climb away from the foot of the table
'We have got a lot of work to do, but we are playing really well inparts, but just not holding it together at the end,' Brady continued.
'There's a long way to go yet so we're not pressing the panic button just yet.
'Avram remains hugely positive as do the team and if we give them space and time to pick themselves up from the bottom they can.'
Obinna ready to dump the pretty stuff and pull West Ham up the Premier League tableWest Ham will miss Parker's vintage when he inevitably leaves in JanuaryWEST HAM UNITED FC