Former Birmingham owners launch £50m bid to buy West Ham
By Steve Pass Last updated: 14th December 2009
SSN
Sky Sports News understands David Gold and David Sullivan have made a £50
million bid for West Ham. A source close to David Gold has told Sky Sports
News that part of the cash bid will go to the Icelandic owners and the rest
will service the current debt and provide transfer funds in January. The bid
has been submitted to Rothschild and Standard Bank, who were appointed to
find new owners back in October. It is understood the current management
team of Gianfranco Zola and Steve Clarke have the full backing of Gold and
Sullivan. The former Birmingham owners are in the final stages of talks and
are keen to conclude a deal by Christmas to allow Zola to strengthen his
squad. The Hammers currently lie in the Premier League drop-zone, with just
one win from their last 14 top-flight games.
More to follow.....
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