But this is just weeks after the West Ham owner called for a Premier League wage cap.
Sam Allardyce's side are reportedly ready to bankroll Carroll's sky-high £90,000 a week wage for an incredible eight years.
Although the England international said he would only join a Premier League side that was playing in Europe this season ... we all know Carroll's priority is the MONEY.
A West Ham source told The Sun: "West Ham are not giving up on this.
"The manager wants him badly and the board are backing him to the hilt."
The two clubs have settled on a £2million loan deal for the England striker, with a further £17million on the table should the newly-promoted Hammers stay in the Premier League.
West Ham's co-owner David Sullivan called for a Premier League wage cap earlier this month.
Sullivan said to ESPN: "We'll pay good wages, but not be taken to the cleaners by agents and players at the expense of our supporters.
"The increase in TV money next year, will allow us to continue to freeze ticket and season ticket prices.
"Overpaying virtually bankrupted this club and we are still burdened by £100 million of debt as a result of the excesses of the previous owners in giving too much to players.
"Many clubs are saddled with too much debt, for example Everton, and the restrictions imposed by their bankers will ensure there is a tighter control over wages going forward."