West Ham magic money from somewhere to launch sensational triple swoop as finance expert proved right

West Ham have reportedly found a way to magic up some much-needed transfer funds this summer in a monumental twist.

West Ham’s board has continually insisted the club has reached its PSR limit since as far back as January.

But now a board source has revealed the Hammers are throwing their backing behind Graham Potter for a big summer rebuild.

The Hammers have made it clear to anyone who will listen that PSR restrictions will mean the club must sell to buy this summer.

Hardly ideal when it is clear West Ham need a major overhaul after a disastrous season.

Do West Ham have money for summer transfers?

Many Hammers fans have disputed the club pleading poverty.

Intriguingly so too have leading journalist David Ornstein and football finance expert Kieran Maguire.

Ornstein called West Ham’s bluff over their summer funds, saying his information is that the club will once again be very active.

When it was reported by a site with connections to Hammers chief David Sullivan that Potter has a zero starting budget, Maguire – a top brain on all things football finance and PSR – told Hammers News that West Ham’s PSR claims ‘seem odd’.

Seems odd to me,” Maguire exclusively told Hammers News last week.

“Still have a Declan Rice sized profit to include in both 24/25 and 25/26… and these figures are before add backs for academy etc.”

West Ham’s struggles have continued on the pitch with Potter under increasing pressure after just three wins from his 16 games in charge.

With the Premier League expected to be a lot more competitive next season, there are genuine concerns the lack of finances could result in a relegation battle.

Now it seems that may have crystalised the thinking in the corridors of power at West Ham – who have the third richest ownership in the top flight.