Pellegrini to be next West Ham manager?

West Ham managerial target Paulo Fonseca signs new deal to stay at Shakhtar Donetsk

Fonseca signed a new two-year deal

West Ham are desperate to get their next managerial appointment right, with yet another season of discontent at the Olympic Stadium.

Keeping West Ham in the Premier League wasn't enough to earn David Moyes a new deal at the London club.

It is likely that any club - such as West Ham - would be willing to pay the £6m compensation and so avoid a tribunal process.

West Ham United have taken the unusual step of announcing that they are close to an agreement with a new manager, after holding talks with Manuel Pellegrini yesterday.

Later on Thursday Inkersole added another Twitter message to his own thread which this time said, "Well this has escalated quickly".

With current Newcastle United manager Rafa Benitez seemingly on the lips on anyone naming candidates for the gig, a press release which includes quotes from West Ham United co-owner David Sullivan has described some handsome characteristics on their next boss. We're making ready to nominate a supervisor who has a confirmed file of success on the highest stage of the sport'. Hopefully Mike can keep his word and we can do what we want to do. If you go to China you can make a lot of money.

Ashley has once more pledged to provide Benitez "each final penny the membership generates" after he guided them to a 10th-placed end, with the proprietor insisting he would reject any method for the supervisor.

The former Liverpool boss reportedly has a £6 million buy-out clause in his contract and is desperately seeking assurances about the club's transfer policy before committing.

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