LONDON-based financial company Intermarket have confirmed that they will lodge a bid for West Ham, which could be made as early as Monday.

The BBC reported that the company has signed a non-disclosure agreement with Rothschild, who have been charged with handling offers from prospective investors by West Ham's owners CB Holding, with the Daily Telegraph claiming that the bid is in the region of £100million.

The offer involves Intermarket taking on the club's debts, estimated by the company to be around £48m, although CB Holding claim the figure is closer to £39m.

Former Birmingham City owners David Gold and David Sullivan are understood to have made a bid earlier this month, although it is believed to have been rejected by CB Holding, whose primary shareholder is troubled Icelandic bank Straumur.

The bank has been granted a moratorium on its debts until September 2010 and insists it is no rush to sell West Ham.

The club are currently struggling in the Premier League, lying just one point above the relegation zone in 17th place.