Duxbury says no West Ham cash for January signings
He told whufc.com: "Having invested significantly in the club, the owner will not be in a position to add funds this transfer window but regardless we believe January is not the best time to be making any significant investments. As we know from experience, it is an inflationary market with teams paying top prices out of necessity.
"We have confidence in the current squad and, like many leading clubs, will look to confine our spending to the summer months when it is easier and more prudent to assess the market. That said, if Gianfranco identifies a particular need or circumstances dictate it - then we are always ready to act."