Valon Behrami has called on the West Ham hierarchy to come clean about any plans for a January fire-sale.
The Swiss international midfielder fears the debt-ridden club will cash in on their leading stars during the transfer window.
Hammers manager Gianfranco Zola admits he is not sure what the next month will hold - and Behrami believes that uncertainty is beginning to affect the team.
West Ham head into Sunday's FA Cup third round tie against Arsenal with just one victory from their last six games.
Behrami said: "I have spoken a number of times with the people above us to make the situation clear and what is the real situation?
"Right now I am told to believe what the media are saying but it is clear that we need to know our future. I am looking for someone in January to help us and (tell us) that we don't have to sell players.
"I am hoping the new year will be better for everyone at West Ham and we can have some positive things because right now there is a lot of negativity. Off the pitch there has to be stability because when you have problems like this it can affect you on the pitch and maybe the reason why things are going like this for us.''
In an ideal world, Zola would like to strengthen his squad over the next month particularly given the injury crisis that has struck Upton Park.
The Hammers are hamstrung, with Mark Noble, Danny Gabbidon, Herita Ilunga and Kieron Dyer all suffering from the same injury while Cole has a knee problem and Guillermo Franca is suspended for the Gunners clash.
Despite that, Behrami is hopeful that a good result against their north London rivals - 30 years after West Ham beat Arsenal to win the 1980 FA Cup - could be just the springboard West Ham need into the new year.
"The FA Cup has arrived for us at a moment when we are struggling in the Premier League and we have a lot of players who are injured so this is not a good moment for us,'' he said. "We know the competition can give us great emotions because it was very nice to play in the FA Cup last year and it is a different atmosphere.
"We need to be more lucky in 2010 because we have too many injuries and we need to forget about the situation in the Premier League. When you are going down the only thing you can do is move upwards. I think this is a very difficult moment for us.
"The draw was not very kind to us but we are at home and if we play like a team, we can have a good result. A good cup run could help us in the league. Mentally this can give us a boost.''