It is interesting to read that we are being linked with Bullard along with Wigan & QPR. Apparently the former Hammer apprentice - who is now a ripe old 33 - fancies a return to the Prem, which kind of puts us out of the running but that's not my point.
Why are Hull City so desperate to offload Jimmy? Not because he is injury prone. Not because he is crap. Not because he is uncommitted. But because of his ridiculously high wages. And how much are they paying him? £45,000 per week.
Now I'm not saying a salary of £45k a week isn't stupid. Of course it is. Bullard is a decent player and for a season or two was a very good player, but a salary of £2,340,000 a year is absurd. I don't care how short a player's career is. Five years at £2,340,000 a year is £11,700,000. Divide that over 47 years - the average working life - and that is £248,936 a year, or as near as damn it £250,000 a year for life, for playing football at a reasonable level for five years! No wonder Beano Ashton hasn't thought about finding a job yet. Why would he?
But what is the relevance to West Ham? Well whilst Hull City are having kittens over one player on £45k a week, we have a whole host of them earning in excess of £40k a week, with Dyer, Bridge and Parker on double that amount!
What a farce. Of course we will have to have a clear out when we go down. And do you know, relegation may just suit Sullivan & Gold so they can get the wage bill under control. When you pay one player £80k a week, it becomes a benchmark for others. The club gets a reputation and agents think of a figure, double it and add £10k when you show an interest in a player. We need to go back to being Little Old West Ham for a while, get the financial house in order and then relaunch the bid for Champions League football sometime down the line.
The Championship will hurt but, longer term it may be good news. That may be the logic of Gold and Sullivan.