Chairman Eggert Magnusson has reiterated West Ham
United's ambition to strengthen the playing squad during the
close season, but insists that some of the media speculation
surrounding the Club's financial dealings is completely
untrue.
In an exclusive statement on whufc.com, Mr Magnusson says: "I am delighted to report that we are making progress in our plans to strengthen the squad over the summer period.
"We are hopeful of making an exciting announcement soon and Alan Curbishley and the Board will continue to work to get the right balance in the team for next season.
"I know we are moving in the right direction as a Club and I also know the fans share our ambitions for the future.
"On a personal level I am, at times, frustrated by some of the stories which appear in the media suggesting certain salary levels for our players - many of which are simply factually wrong.
"It is not right to comment on every story or to use confidential information in public but I can say the truth is often different to the reports.
"The bottom line is that this is an ambitious Club with a very sound financial base and as new owners we are determined to move forward. As we do that we can expect criticism from others but the most important thing is delivering the true potential of this great Club."
In an exclusive statement on whufc.com, Mr Magnusson says: "I am delighted to report that we are making progress in our plans to strengthen the squad over the summer period.
"We are hopeful of making an exciting announcement soon and Alan Curbishley and the Board will continue to work to get the right balance in the team for next season.
"I know we are moving in the right direction as a Club and I also know the fans share our ambitions for the future.
"On a personal level I am, at times, frustrated by some of the stories which appear in the media suggesting certain salary levels for our players - many of which are simply factually wrong.
"It is not right to comment on every story or to use confidential information in public but I can say the truth is often different to the reports.
"The bottom line is that this is an ambitious Club with a very sound financial base and as new owners we are determined to move forward. As we do that we can expect criticism from others but the most important thing is delivering the true potential of this great Club."