West Ham United is undergoing a significant overhaul, driven by their recent relegation to the Championship and an impending change in ownership. The club has secured a crucial boost with captain Jarrod Bowen signing a new contract, signaling a commitment to immediate promotion. However, the team is also preparing for the departure of several key players, including Mateus Fernandes, who has joined Tottenham for £85 million, and Crysencio Summerville, who is set to move to Al-Hilal in Saudi Arabia for approximately £55 million. These sales are expected to bring in close to £140 million, providing much-needed funds amidst financial constraints.

The club's situation necessitates a comprehensive squad refresh after years of accumulating a large, unbalanced group of players signed under various managers and owners. Relegation to the second tier for the first time in 15 years, coupled with the financial implications, has forced the club's hand. The impending change in majority ownership, with Daniel Kretinsky set to take control, is anticipated to facilitate this transition.

Squad Strengthening and Departures

West Ham's sole addition so far has been the permanent signing of Keiber Lamadrid from Deportivo la Guaira. The team is actively seeking a new striker, with Taty Castellanos having shown promise after a January arrival, while fellow winter signing Pablo has yet to score. Callum Wilson has departed for Brentford on a one-year deal, and Nicklas Fullkrug, returning from loan at AC Milan, is among those the club wishes to sell.

The departure of Mateus Fernandes leaves a considerable gap in midfield, and despite an updated contract offer for Hammer of the Year Konstantinos Mavropanos, defensive reinforcements are a priority, with further exits expected in that area. Jean-Clair Todibo is eager to leave, with head coach Nuno Espirito Santo also wanting him gone. While Marseille and Juventus have shown interest, they have not yet made formal bids, and a loan move is preferred by the interested clubs, though West Ham would seek a permanent transfer.

Edson Alvarez and goalkeeper Alphonse Areola are also on the transfer list. Areola's potential departure is amplified by Mads Hermansen establishing himself as the team's No. 1. West Ham is also willing to sell Aaron Wan-Bissaka for the right price, with Lazio showing mild interest and Arsenal including him on their long list of targets.

Securing Bowen's Future

Jarrod Bowen's decision to stay was influenced by discussions with Daniel Kretinsky and his associate Jiri Svarc in Prague. Bowen was reportedly impressed by the ambition and clear vision presented by Kretinsky, who recognized the importance of retaining the club's talisman to bolster promotion hopes and signal seriousness to stakeholders. Bowen's new contract includes a release clause that activates if West Ham fails to secure an immediate return to the Premier League, with a bonus incentive if they succeed.

Impact of Ownership and Recruitment Changes

The departure of co-chair David Sullivan, who had final say on transfers for 16 years, marks a shift in decision-making. Insiders suggest the club is now operating more efficiently, aiming to avoid past transfer mistakes. Interim CEO Karim Virani and new head of recruitment Nils Koppen, who joined from Copenhagen, are implementing a data-led approach. This new structure aims to align everyone and prevent hasty, owner-driven signings, although speculation remains about the influence of agent Jorge Mendes.

Financial Considerations and Transfer Targets

With nearly £140 million in projected transfer income, West Ham has significant resources, but financial regulations and past losses must be addressed. The club must comply with new Squad Cost Rules (SCR), which limit spending on transfers, wages, and agent fees to 85% of revenue. The exact amount available for future signings will become clearer once ownership details and outstanding debts are resolved. Kretinsky is expected to inject substantial funds upon taking control.

The club has identified several transfer targets. In defense, Axel Disasi is a key target, but he is reportedly unwilling to commit to Championship football. Southampton's Taylor Harwood-Bellis, Cardiff's Dylan Lawlor, and Leicester's Ben Nelson are also on the shortlist for defensive reinforcements.

For midfield, West Ham has enquired about Gustavo Sa from Famalicao and Denil Castillo from Midtjylland. They are also interested in Celtic's Arne Engels, a player previously pursued by Nottingham Forest. Any deal for Engels may depend on Celtic's own transfer activities.

Mateus Fernandes was the first of the big names to leave West Ham this summer, joining Tottenham for £85m Crysencio Summerville is set to join Saudi side Al Hilal for £55m Jean-Clair Todibo is keen to depart, and head coach Nuno Espirito Santo wants him gone too Owner Daniel Kretinsky managed to convince Bowen to stay over talks in Prague New head of recruitment Nils Koppen (pictured) has reunited with interim CEO Karim Virani, who he worked with previously at Rangers Southampton centre back Taylor Harwood-Bellis is on West Ham's shortlist for centre backs They have enquired about Midtjylland and Ecuador midfielder Denil Castillo (right) The Hammers are also keen on Celtic's Arne Engels, a former target of Nottingham Forest