West Ham have rejected new bids from Manchester City and Tottenham for striker Craig Bellamy.
The tug-of-war for Bellamy's services has intensified in recent days.
The Wales international has become hot property during the winter transfer window with rival Premier League clubs eager to secure his services.
But Upton Park chief executive Scott Duxbury remains determined to retain the services of the former Liverpool forward.
Eastlands manager Mark Hughes is a confirmed fan of his fellow countryman and has now made four offers, the most recent of which is believed to be in the region of £11million.
Spurs boss Harry Redknapp is keen to further bolster his forward line despite splashing out £15million on Jermain Defoe, but his approach has received short shrift from the Hammers.
City are expected to be the biggest spenders during the transfer window, with their astonishing £107million offer for AC Milan ace Kaka dominating the headlines around the world.
With such an astronomical amount on the table for one player, money is clearly no object for the North West outfit, who are bankrolled by the financial might of the Abu Dhabi United group.
But despite their vast wealth, City remain in the Premier League relegation scrap along with Spurs and the Hammers, with the East London outfit unwilling to sell one of their key men to their rivals in the fight to stay up.
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