West Ham have the finances to strengthen their squad in the summer transfer window, according to journalist Pete O'Rourke.

The Hammers did not sign any players in January, but they were linked with some high-profile names, and O'Rourke has suggested that David Moyes could be given money in the off-season, if he wants it.

What happened at West Ham in the January transfer window?

The January window was a frustrating one for West Ham as they failed to bolster their squad, but things could have been very different.

In the final week of the transfer window, it was reported that the club made bids to sign Leeds duo Kalvin Phillips and Raphinha.

It is understood that the club were willing to pay club-record fees for both players, yet their offers were ultimately turned down by their Premier League rivals.

Who is the BIGGEST Premier League flop of the season?! Full debate on The Football Terrace...

What has O'Rourke said about West Ham's current financial status?

O'Rourke feels West Ham's audacious double bid for Phillips and Raphinha proves that Moyes does have a significant amount of money to spend moving forward.

Speaking to GIVEMESPORT, O'Rourke said: “Obviously, they showed their ambition by making bids for Kalvin Phillips and Raphinha in January, which were turned down. So, obviously, the money is there, because they had it in January to try and sign them.”

Will Moyes spend big this summer at West Ham?

That does not tend to be Moyes' style as he has built a tight-knit squad over the last couple of years without spending a great deal of money.

Thus far, it has worked as West Ham have established themselves as a club that can compete for European football with the best sides in the country.

However, it may be difficult for them to continue to keep pace with the rest of the top six if Moyes is not given money this summer.

It may be unrealistic to expect the Irons to pay big fees for players, and it is unclear as to whether they ever believed that they had a genuine chance of landing Phillips and Raphinha in January.

Instead, Moyes may have to be smart in the market as he has been before, finding hidden gems like Tomas Soucek and Vladimir Coufal with relatively cheap price-tags, and improving his team that way.