West Ham United have rejected an £8 million bid for Carlton Cole from Birmingham as they hold out to get much closer to their £15 million valuation of the English striker.
Fulham and Stoke City have also entered the bidding for the striker but with the Hammers putting a £15 million price tag on their prized asset, he won't be leaving on the cheap.
A foreign club has offered in excess of £10 million for the 26-year-old, but he wants to stay in the Premier League and will hope that the likes of Arsenal and Aston Villa come forward with bids.
West Ham will conduct a clear-out of players this summer, but only if clubs meet their valuation. Co-owner David Sullivan suggested that all bar Scott Parker were for sale, but that is not the case; however, if players want to go that is another matter.
Matthew Upson will ask for a move when he returns from World Cup duty having rejected a new three-year contract, and England goalkeeper Robert Green reportedly wants to play abroad, although as yet the Hammers have not received an acceptable offer.
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