West Ham - Phoenix from the Ashes

The Telegraph carry two stories about West Ham today, one is a rehash of the problems facing the club but the other is far more optimistic about West Ham's future after our likely relegation.

The paper points out that the new owners were aware that West Ham faced relegation when they took over the club and are in for the long haul. They say that sources at West Ham say the club will save £10 million next year because of relegation clauses written into players' contracts and the club will also receive a £12 million relegation parachute payment.

The paper also reason that relegation will give West Ham the opportunity to clear out the players that are a disruptive influence at the club. The big difference though between now and our relegation four years ago is that this time the club has money to bring in decent replacements.

Another sign of the owners long-term commitment to West Ham is their intention to pursue a move away from Upton Park to a new site in the London Borough of Newham.