it will the drum bearings that have failed, the black stuff is the grease from the bearings getting into the washer, if it has been noisey for a while you will have to replace the spider (drum support) as well nopt too difficult a job should cost around £30 but i can't tell you where to get the parts as this site has its own advertisers and they get stroppy if you try to direct people to other sites
aa
April 2005