Hammers put Spurs on their transfer blacklist

Duxbury was speaking about the interest in Craig Bellamy from Spurs before the Welsh international eventually signed for Manchester City for £14million.

"I made it quite clear to Craig there wasn't any possibility of him joining Tottenham," said Duxbury. "There is a change of philosophy at this club. I keep referring to the football project and it's a business plan we stick to.

"Part of that is we need to be aware of our fans' expectations, we need to be aware of who our local rivals are and there is massive rivalry between ourselves and Tottenham.

"It's nothing about Tottenham but why on earth should we sell any player that would strengthen their team? It just makes no sense to me.

"I won't sell any of our players to our local rivals."

West Ham also unveiled new £9m record signing Savio Nsereko today and boss Gianfranco Zola insisted the move demonstrated that rumours of a financial meltdown at Upton Park were greatly exaggerated. The teenage striker, who was born in Uganda but moved to Germany at the age of two, should be in West Ham's squad for tomorrow night's Premier League match at home to Hull if the club receive international clearance in time.

Zola said: "There were a lot of worries about the club, about us selling players, but as you've seen, we sold the players who were not playing regularly here and some of them left because they wanted to go.

"There were a lot of rumours that we were not going to be able to buy anybody but that we had to sell.

"I am pleased because this is a good club, run by good people who were keen to reinvest some of the money we had received in the transfer window and take this club forward.

"We don't want to sell anybody unless someone comes to us and tells us they want to leave."

Bellamy was one of those that the club sold but Duxbury revealed that Scott Parker, Robert Green and Matthew Upson will all be offered new contracts.

He added: "There was a lot of interest in our players but I contacted every single player and told them we didn't want to sell them and got the commitment back they didn't want to go.

"When the transfer window shuts I will be sitting down and talking to them about extending their contracts."