The move would be a great one for the Hammers, with the 23-year-old Spanish midfielder bringing talent and energy to the midfield, and spelling the start of a new era of success at the Boleyn Ground.
For that fee, Obiang looks a real bargain, and being young he still has plenty of time to develop.
However, although the report claimed a fee had been agreed to sign Obiang, a new report has claimed that the Hammers may now miss out on him.
He is apparently more keen on moving to Milan than East London, and although there are no confirmations that the Rossoneri will formalise their interest into a serious offer for Obiang’s services, the delay could cost the Hammers their deal for him.
With Slaven Bilic now in place as manager, he may cancel the deal for Obiang if it is taking too long to conclude, as he looks to rebuild his playing squad ahead of next season.