Glenn Roeder has revealed he is close to cashing in on some of West Ham's top players as the club adjust to life in Division One.
Man Utd are reported to be considering a move for Joe Cole
But Roeder insisted he would not sell England goalkeeper David James despite pressure on him to move to a Premiership outfit.
The Upton Park manager has already sold defender Glen Johnson to Chelsea for £6m and is in talks with several clubs over further sales.
And newspaper reports on Thursday claim Manchester United boss Sir Alex Ferguson is poised to make a £7m bid for Hammers skipper Joe Cole.
Ferguson is a long-time admirer of England midfielder Cole and is said to be considering a move for the 21-year-old once the transfers of Brazilian duo Ronaldinho and Kleberson have been resolved.
Roeder told West Ham's official website: "It is very quiet but we are in talks with several clubs and things are moving slowly.
"The important thing is that they are moving forward and one or two more clubs have got involved in one or two of our players.
"Clubs that have got involved a bit early and dragged their feet a little bit, if they are not careful, might miss out, because other clubs have now got involved with our players and are showing a definite interest.
"As far as I am
concerned David is with us and will be staying with us.
"He has had a good summer
where he has played all the England games and done extremely well.
"It is good that Sven-Goran Eriksson has said that being in the First
Division won't affect his position being the goalkeeper.
"He has got the shirt at the moment and I don't see why he doesn't keep it."