West Ham United chief executive Scott Duxbury is holding talks in Iceland this weekend over the club's future.

The News of the World says he will hold a series of meetings with owner Bjorgolfur Gudmundsson in order to move the club forward.

Having successfully negotiated an out-of-court deal with Sheffield United to settle the Carlos Tevez affair, Duxbury knows the way is now clear to find a buyer.

The settlement on Tevez will give Duxbury stronger bargaining power.