Revealed: West Ham stance on £200K-a-week man amid behind-the-scenes talks

West Ham have no intention of even looking at a contract extension for Manuel Pellegrini until his current deal is close to expiring, Football Insider can reveal.

The Hammers hierarchy do not regard the Chilean’s position to be under threat following a run of three defeats in four league matches.

A West Ham source has told Football Insider that the club will nevertheless hold back on proposing discussions over a new contract for their manager.

The board have spoken informally behind the scenes about Pellegrini and their stance is they will not look at his contract until it is close to expiring.

Pellegrini, 66, signed a three-year contract worth £10million-a-year when he was appointed in the summer of 2018.

He is one of the highest paid managers in the Premier League on what is equivalent to £200,000-a-week, comfortably topping the earnings of the players at his disposal.

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David Sullivan and David Gold want further evidence that Pellegrini can lift West Ham from a mid-table club to one capable of challenging for the top six.

They have noted how Leicester City have made immense strides since appointing Brendan Rodgers at the end of February

Pellegrini steered West Ham to a 10th place finish in his debut campaign while overseeing a more attacking brand of football than that of the previous season.

The Hammers started this campaign brightly and were third in the table after securing the notable scalp of Manchester United in a memorable 2-0 win in September.

But they have subsequently plummeted to 13th and also been eliminated from the League Cup after a humiliating 4-0 mauling by third-tier Oxford United.

In other West Ham news, it can be exclusively REVEALED that the club are plotting a January swap deal with Midlands big hitters.