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West Ham co-owner Sullivan defends lack of signings: But I'm getting depressed

West Ham United co-owner David Sullivan has defended their work in the summer market.

They have already lost out on both Eberechi Eze and Ryan Fraser to Premier League rivals Crystal Palace and Newcastle respectively - with things certainly not going to plan at the London Stadium as those around them strengthen.

He told talkSPORT: "We've got a very unbalanced squad. We've now got the funds to buy a player or two, but unfortunately at the moment the players the manager wants we can't get, and he'll be spending 18 hours a day looking at types trying to find players.

"I'm waiting for targets for the manager and we've got two or three bids in, but unfortunately the benchmark is very high and it's very hard to get those players.

"We have got limited funds; if we had £400million to spend and someone said you spend 10 per cent of it – £40m – on a 28-year-old centre-back from a Premier League club who will remain nameless, at £40m you'd probably get the player out.

"For 10 per cent of your budget it would probably make sense but to spend your entire budget on a 28-year-old centre-back. We've also got the fact we'll probably get no gate money for the rest of the season and we've got to keep the club afloat and pay wages.

"I cannot say for sure that we are going to sign anybody. As each day passes I am getting more depressed."

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Paul Vegas

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