This just in from Jacob Steinberg:

It’s been a strange few days at West Ham. Moments after being dumped out of the FA Cup by AFC Wimbledon on Saturday, there was surprise when they announced Marko Arnautovic had signed a contract extension after weeks of speculation over the forward leaving for China. There remains a chance Arnautovic will be allowed to leave in the summer for £45m, but who can say with any certainty? His new contract has been extended for another year, which takes it until 2023, and I understand it’s got some nice incentives. Arnautovic should return against Wolves tomorrow. Manuel Pellegrini, however, refused to take questions on him after the Wimbledon defeat.

West Ham had lined up Celta Vigo’s Maxi Gomez as a replacement for Arnautovic and had signalled a willingness to pay the striker’s €50m release clause. They were even prepared to loan Gomez back to Spain until the rest of the season to let him help Celta battle against relegation from La Liga. Sounds like that’s not happening this month, though. Perhaps one to revisit in the summer, but there might be a lot of competition for a highly-rated young forward then.

As for other outgoings, West Ham are yet to receive a suitable bid for Javier Hernandez from Valencia. They want £12m. The same applies to Reece Oxford, who’s been linked with £8m moves to Eintracht Frankfurt and Nottingham Forest. The messaging is there have been no bids for the young defender.