David Sullivan is pleased to have kept hold of West Ham United midfielder Scott Parker.
Parker was the subject of intense transfer speculation during the summer market.
Sullivan said: "We were determined to keep Scott Parker, as well as Avram's other key players, and were able to deliver on what we promised.
"Half of our eight signings are 23 or under and we are confident they can become major players for the club, while the other four have a wealth of international experience.
"Thomas Hitzlsperger had a particularly impressive pre-season and we look forward to seeing him play a major role once he returns to fitness."