Zola lifts pressure off West Ham owner Gudmundsson

Gianfranco Zola has lifted the pressure off West Ham United owner Bjorgolfur Gudmundsson.

Gianfranco Zola has lifted the pressure off West Ham United owner Bjorgolfur Gudmundsson.

The People says Gudmundsson, believed to have a 95 per cent stake in the club that was bought for £85m, is considering selling after the economic meltdown in Iceland wiped an estimated £230million off his personal fortune.

Gudmundsson appears before Icelandic courts next month following his axing as chairman of Landsbanki when it was nationalised.

West Ham's value has increased as a result of manager Zola turning around its fortunes, with a run of eight matches unbeaten before last week's defeat by Manchester United.

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