West Ham have confirmed talks for striker Eidur Gudjohnsen are ongoing, but nothing has been agreed with Barcelona.
Gudjohnsen is believed to be available for just £6.7million, although the player's lofty demands are reportedly deterring other clubs from joining the hunt.
West Ham supremo Eggert Magnusson has denied the East Londoners have concurred on a price with Barca, but stated talks are continuing.
"Talks are ongoing," Magnusson confirmed to virir.is. "We have not had an offer accepted by Barcelona - the papers are wrong."
Manager Alan Curbishley may be prepared to push the boat out even further for Gudjohnsen following the side's disappointing 2-0 defeat to Manchester City on the opening weekend of the new season.