West Ham are close to finalising a compensation agreement with Sheffield United worth around £10 million to end the long-running Carlos Tevez saga.It is understood that West Ham have arranged to pay the compensation in instalments over the next five years.
Sheffield United had originally lodged a claim for £45m in lost revenue following their relegation from the Premier League in 2007.
West Ham argued their own research into the real cost of relegation, when all the savings from wages and recruitment had been taken into account, was no greater than £5m.