West Ham owners won't shirk spending big on players
David Gold and fellow West Ham co-owner David Sullivan will "push the boat out" to buy the "quality" players which he believes are required to keep the club in the Premier League.
The millionaire duo gave Hammers boss Gianfranco Zola funds to buy the likes of Benni McCarthy, Ilan and Mido soon after completing a £50million takeover in January.
Sullivan said on Tuesday West Ham would consider offers for all their players apart from captain Scott Parker.
Gold said Sullivan's comments had been misinterpreted and assured worried fans he wanted the Hammers' best players to stay at the club.
Now the former Birmingham chairman has confirmed the Hammers will not be cautious if required to make big-money signings this summer, regardless of whether Gianfranco Zola remains at Upton Park.
"If there are quality players that we fancy then we'll push the boat out to get them," Gold said.
"We're an ambitious football club and it's time we turned the tide and started pushing forward. We will be looking to bring in some new players."
The club were heading towards administration with debts of around £110million before Gold and Sullivan took over from Icelandic bank Straumur at Upton Park in January.
But Gold insists any move to sign new players will not jeopardise their long-term aim of getting the Hammers out of the red.
"There will be money available but we won't put the club at risk. We will not increase the debt at West Ham.
"Our job is to reduce the debt and at the same time to improve and deal with the squad. If that means we have to put some money in then that's what we'll do.
"We don't want this relegation battle to happen again next year. It'll be much more difficult to stay up.
"We are not going to put the club's financial problems into any further difficulties, if we do this it will be with our own money."