West Ham United are in advanced negotiations over a new £4 million-a-year shirt sponsorship deal.
The Telegraph says the club's previous shirt sponsor, the travel company XL in which the club's owners Bjorgulfur Gudmundsson had an interest, collapsed last month leaving a blank space on the shirts and a £4m hole in the balance sheet.
Negotiations with a replacement sponsor are understood to be at an advanced stage however, and the club is hopeful that it will at least match the estimated £4m a year paid by XL, and possibly exceed it.