By Noel Whelan

31st Jul, 2021 | 9:00am

West Ham have saved millions with Areola signing - Whelan

Noel Whelan has claimed West Ham have saved millions of pounds by signing Alphonse Areola on loan.

Speaking exclusively to Football Insider, the former Leeds United striker insisted the 28-year-old’s capture should free up funds to spend elsewhere.

As confirmed on Thursday (July 29th), Areola has joined the Hammers on a loan-to-buy basis from PSG.

However, as revealed by Football Insider (July 29th), the Frenchman was Moyes’ second choice behind West Brom’s Johnstone.

The club did not want to spend big on a new shot-stopper but still bid up to £11million for the Baggies’ star.

However, Whelan has backed the Irons’ decision not to be “held to ransom”.

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He suggested the loan signing could help David Moyes seal other deals.

“As good clubs do and good businessmen do, you always have that second choice,” Whelan told Football Insider’s Russell Edge.

“They’ve not gone in and got any willy nilly player there. They’ve got a really good, experienced, international goalkeeper from a very high standard of football at PSG.

“West Ham have to do business and do it properly. They’ve moved on and not been held to ransom over a player. Very swiftly and quickly, they’ve went out and got a very, very good goalkeeper.

“You also think about the big games that he’s played in. They’re in Europe this year so he can handle that kind of pressure.

“There’s a view to a permanent if he does well until the end of the season. Good business, I think it’s the right kind of business, I really do. The money could be spent elsewhere.

“I still think they need to strengthen in other areas so that frees up that money there to go somewhere else on another player.

“You also think about the big games that he’s played in. They’re in Europe this year so he can handle that kind of pressure.”

In other news, West Ham have been tipped to sign £15m-valued star from Premier League giants after update.