The east London club will now look to make “at least three and a maximum of five” quality signings for next season.
The Hammers could make a move for former Sunderland striker Asamoah Gyan – currently plying his trade in the UAE – as well as former Liverpool and Chelsea midfielder Raul Meireles.
However they will not be making a move for Manchester United winger Wilfried Zaha, currently on loan at Cardiff City.
The club were linked with a move for Zaha last summer as well as the January transfer window, but manager Sam Allardyce has reportedly been left unimpressed by the England Under-21 stars contribution to the Bluebirds’ fight against relegation.
There are also expected to be significant outgoings at Upton Park, with Joe Cole, Jussi Jaaskelainen and Matt Taylor all approaching the end of their contracts.
Loan signings Marco Borriello and Antonio Nocerino are expected to return to their parent clubs at the end of the season, whilst Ricardo Vaz Te, Modibo Maiga, and Alou Diarra are also expected to make way for replacements this summer.