As featured on NewsNow: Football news

Comolli-led group eyeing takeover of West Ham, Southampton

Former Tottenham and Liverpool football chief Damien Comolli is heading a consortium planning a Premier League club takeover.

West Ham, Southampton, Crystal Palace and Newcastle are all on the radar of a US consortium spearheaded by Comolli looking to buy a Premier League club.

The Daily Star says West Ham appear be the favourite of the options being explored by the Comolli consortium – as long as David Moyes' men can survive relegation.

If the Irons do stay up, a controlling stake would cost up to £300million. Current Irons owners David Gold and David Sullivan have been in charge for a decade but, despite overseeing the club's return to the elite, remain unpopular figures with many supporters.

Southampton are very much on the market – at a considerably lower £150m to £200m - with their Chinese supremo Gao Jishengis keen to exit amid global financial meltdown sparked by coronavirus.

Palace, valued nearer £250m, are also seen as having excellent potential by the investment group because of their location in South London, fanatical support - and relative stability on the pitch under Roy Hodgson.

Video of the day:

About the author

Paul Vegas

×

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