Co-chairman David Gold: "Until Sam gets back and speaks to him we haven't given up on the possibility that we can keep Scott Parker.
"That will be an issue for Sam. He will be back in the office on Monday and I guess that's when the hard work starts.
"Kevin Nolan is a quality, quality player.
"The relationship between him and Sam is very important. He's captaincy material, he's got that determination, will and desire to win which Sam has and the owners have.
"I know the fans are delighted, it's an absolute coup for West Ham.
"If we were still in the Premier League you would expect West Ham to be pursuing a player of his quality so to be in the Championship and persuade a great player to come to us...this is the player we can build our squad around, an iconic player."