West Ham hope to finalise the transfer of Joe Cole from Liverpool on Friday morning, Press Association Sport understands.
Cole underwent a medical at the club's training ground on Thursday after it emerged that Liverpool are prepared to cancel the 31-year-old's contract.
The Hammers, who brought Cole through their youth academy in the 1990s, hope the midfielder will sign his new contract with the east London club before midday so he can play in Saturday's FA Cup third round clash against Manchester United.
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