After a lot of bad news lately, West Ham United are close to securing a new £4m-a-year football shirt sponsorship deal.
West Ham’s previous shirt sponsor, the travel company XL in which the club's owners Bjorgulfur Gudmundsson had an interest, went bust last month leaving a £4 million hole in the balance sheet.
Negotiations with a replacement sponsor are understood to be at an advanced stage however, and the club is hopeful that it will at least match the estimated £4m a year paid by XL, and possibly exceed it.
