As featured on NewsNow: Football news

West Ham deny any developments over takeover

West Ham maintain there has not yet been any new formal takeover bid for the Hammers. There have been reports both David Sullivan, who recently sold his stake in Birmingham, and the London-based Intermarket Group were ready to launch a move to buy the Hammers.

However, despite current owners CB Holdings - a company arm of Icelandic investment bank Straumur - being open to potential offers, which would have to be in excess of £100million, as yet an immediate takeover is not currently on the agenda.

A West Ham source told Press Association Sport: "There have been no significant developments at all, and no formal offer from any party.

"The club still envisage the sale will be a medium to long-term initiative."

Video of the day:

About the author

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free