Wednesday, October 8

Daily WHUFC News - 8th October 2008

West Ham United statement - WHUFC
The CEO has clarified the situation regarding Bjorgolfur Gudmundsson's
ownership of West Ham United
07.10.2008

West Ham United CEO Scott Duxbury has issued the following statement
following the news that Iceland bank Landsbanki has been placed into
receivership.
Scott Duxbury said: "The position of Landsbanki has absolutely no effect on
West Ham United and Mr Gudmundsson's ownership of the club. "Mr Gudmundsson
is an investor with a large portfolio, of which Landsbanki was just part. He
remains as committed as ever to West Ham United and is not looking to sell
the club." "As has previously been stated, Mr Gudmundsson has invested £40m
net in the playing squad to create a squad capable of challenging in the top
half of the Premier League.
"Since his appointment, Gianfranco Zola has made it quite clear that his
first-team squad is too large and needs to be reduced so he can effectively
coach the team. Once this has happened and if the manager requires further
players, then the club will acquire them. "Mr Gudmundsson remains fully
committed to the success of this football club and building on the excellent
start made by Gianfranco Zola."

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Reserves lose out at Fulham - WHUFC
All the action as it happened as the reserves lost 4-1 at Fulham on Tuesday
evening
07.10.2008

Barclays Premier Reserve League South
Motspur Park
Kick off: 7pm

Final score: Fulham 4-1 West Ham United

90 mins: It is all over at Motspur Park as Fulham win 4-1. United's youthful
team played some good football but the hosts' extra experience eventually
told. Alex Dyer will have drawn positives from several of his side's
performances.

89 mins: There will be three minutes of added time. Can United get one more
back?

86 mins: The visitors are probably playing some of their best football of
the match and are knocking the ball around well

82 mins: United's youngsters are still battling hard in search of a second
goal and N'Gala is continuing to will the side forward

79 mins: Stech comes out quickly to get to a through-ball before Smith. It
has been an encouraging display from the stopper, who could do nothing about
the Fulham goals

76 mins: Fulham make two changes as Lewis Smith comes on for Nevland and
Danny Hoesen is introduced in place of Seol. The United defenders will be
pleased to see the back of the departing internationals who posed a constant
threat

75 mins: Fulham think they have a fifth but Chris Smalling's header is ruled
out for a push on N'Gala

72 mins: Dyer makes his final changes of the night as Anthony Edgar makes
way for Daniel Kearns and Grasser is replaced by Christian Montano

69 mins: To give an idea of the youthfulness of the visiting side tonight,
Stokes is the only player in claret and blue over 20

67 mins: Goal! The hosts restore their three-goal lead with a great shot
from Wayne Brown. The No7 picked the ball up 30 yards out and beat Stech
with a sublime strike

64 mins: A great cross from Anthony Edgar on the left touchline is just too
high for the on-rushing Balint Bajner

62 mins: After a crazy opening period to the second half the game seems to
have settled down a bit, although chances are still being created at both
ends

58 mins: The visitors seem to have been given a lift by the goal. Stokes is
fouled 30 yards out and from the resulting free-kick Stanislas' dangerous
ball into the area is claimed by Zuberbuhler

54 mins: Goal! United get one back as Eyjolfsson heads in an O' Neill cross
following Stanislas' quickly taken corner

54 mins: Dyer makes his first change by bringing Matthew Fry on for Miller

52 mins: From the resulting corner Stech makes another great save - tipping
a header over the bar

52 mins: Stech has to dive to his left to turn the ball round the post as
Fulham try to force a fourth

47 mins: Goal! And it is three soon after as Julian Gray forces the ball
over the line after good work from Seol

46 mins: Goal! Fulham double their lead within the first minute of the
second half of Seol fires in with his left foot from the edge of the area

45 mins: Half-time at Motspur Park and it is the hosts that go in ahead

45 mins: As we approach half-time. Miller is forced to head behind under
pressure. Stech comes out well to punch it clear

44 mins: Nevland is proving to be quite a threat and Stech reacts quickly to
smother another cross from the Fulham No9

42 mins: Ashley Miller goes into the book for a late tackle

39 mins: GOAL! But this time it does count as Nevland slides in to convert a
Seol cross on the six yard line

38 mins: The home side are starting to create chances. A Milsom shot is
saved by Stech before the home support think their side have taken the lead,
but Nevland punched the ball into the net and is booked

35 mins: Eyjolfsson is strong to shrug Seol Ki-Hyeon off the ball

33 mins: N' Gala is being his usual vocal self as organises the back four

32 mins: Balint Bajner has shown some nice touches so far and plays another
deft ball into the path of Stanislas on the left

27 mins: Alex Dyer, who is in charge of the team again tonight, shouts
instructions to his side from the dugout as they press forward

26 mins: Tony Stokes is captaining the side and starts in centre midfield
after playing up front against West Brom

21 mins: Robert Milsom fouls Georg Grasser 25 yards out. Stanislas tries his
luck from almost the same place as before and he again forces the Fulham No1
into another great save

20 mins: Andranik cannot continue so Matthew Saunders comes on to replace
him

18 mins: Good defensive work from Holmar Eyjolfsson as he shepherds the ball
out of play

16 mins: Stanislas wins a corner with some neat footwork. The game is
paused while Andranik receives treatment but when it resumes Stanislas'
corner is headed just over by Bondz N' Gala

13 mins: The rain that has been falling on west London for most of the day
seems to have stopped for the time being but the playing surface is still
showing the effects of the wet weather

10 mins: Stokes is tripped 25 yards from goal. Junior Stanislas steps up and
curls in a fantastic free-kick which Pascal Zuberbuhler has to turn behind

8 mins: Vital tackle from Ryan O Neill as he throws himself in front of a
Fulham shot

6 mins: The visitors again line up in the 4-3-1-2 formation used against
West Bromwich Albion last week

4 mins: First shot on goal is a fierce drive from Erik Nevland that goes
inches wide of Marek Stech's right-hand post

2 mins: Two very contrasting teams on show tonight. Fulham name five
internationals in their side while United have a very youthful look about
them

1 min: And we are under way

18:59 The West Ham players huddle round as we approach kick-off

West Ham United: Stech, O' Neill, Miller, N'Gala, Eyjolfsson, Stokes, Lee,
Grasser, Bajner, Stanislas, Edgar
Subs: Street, Montano, Kearns, Brown, Fry, Abdulla

Fulham: Zuberbuhler, Cumber, Anderson, Leijer, Smalling, Milsom, Brown,
Andranik, Nevland, Seol, Gray
Subs: Foderingham, Laribi, Saunders, Smith, Hoesen

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Bank crisis hits Hammers spending - BBC

West Ham admit they have no money for new players after Iceland's second
biggest bank, Landsbanki, collapsed. Club chairman Bjorgolfur Gudmundsson is
a major shareholder in both West Ham and Landsbanki and was chairman of the
bank until he was sacked on Tuesday. Vice-chairman Asgeir Fridgeirsson told
BBC Sport: "It is very unlikely he will be willing to put in more money to
buy players this January window." He also insisted the club was not for
sale, despite interest from agents.
Hammers manager Gianfranco Zola had been promised funds when he took over on
11 September. "If we need to improve certain things I'm sure the board will
back me," said Zola in September. Later in the same month, Zola added that
West Ham chief executive Scott Duxbury had told him changes in January would
"not be a problem".
In a statement to the club's official website on Tuesday, Duxbury insisted
funds would be available - but only if the current squad was trimmed. "Since
his appointment, Gianfranco Zola has made it quite clear that his first-team
squad is too large and needs to be reduced so he can effectively coach the
team," read the statement. "Once this has happened and if the manager
requires further players, then the club will acquire them. "Mr Gudmundsson
remains fully committed to the success of this football club and building on
the excellent start made by Gianfranco Zola."
Duxbury and Fridgeirsson have both reaffirmed that Gudmundsson has no
intention of selling the club at the moment. "It will not have a direct
impact, there is no need for him to sell West Ham," said Fridgeirsson. A
weekend newspaper report claimed Indian billionaire Anil Ambani was
interested in buying West Ham and had been told the Premier League club was
available for £150m. But Fridgeirsson dismissed the suggestion the club was
for sale, adding: "We have not been accepting any offers. Agents have been
contacting us and we have told them we are not interested." The Icelandic
government took control of Landsbanki on Tuesday to prevent it collapsing
and sacked the bank's board. There are now fears the bank could become
insolvent, although it released a statement saying: "Landsbanki would like
to stress that the bank has not been put into liquidation but is in
receivership, which gives it a temporary protection from payment of debts
and obligations as they fall due."
Gudmundsson had experienced a testing few months even before the news that
Landsbanki was being placed into receivership. West Ham's shirt sponsor XL
went bust in September, leaving the club with a potential shortfall of £5m.
It has since emerged that Gudmundsson was the guarantor of a 207 million
Euros (£163m) bank loan given to the tour operator. Two weeks ago, an
independent tribunal ruled against West Ham in the Carlos Tevez affair,
leaving them liable to a £30m compensation claim from Sheffield United. The
Blades claim Tevez was not eligible to play at the end of the 2006/07
season, when he had a key role in West Ham's top-flight survival at the
Yorkshire club's expense.

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Fridge: we're not selling (yet) - KUMB
Filed: Tuesday, 7th October 2008
By: Staff Writer

West Ham United's vice-chairman Asgeir Fridgeirsson has said that the
current board are not actively seeking to sell the club. Speculation
concerning United's future arose today after it was revealed that Icelandic
bank Landsbanki has been placed in receivership - with all directors,
including Hammers Chairman Bjorgolfur Gudmundsson fired as a result. But
Gudmundsson's number two has told The Sun that the chairman is not on the
verge of selling up - despite speculation in the weekend's press concerning
a purported £150million bid, which KUMB.com understands to have been from
UK-based investors. "It's an important investment but it's not his
[Gudmundsson's] only one," Fridgeirsson said on Landsbanki's demise. "He has
numerous other investments doing quite well. "There is no reason to fear
that he will not honour his commitment with West Ham. There's no reason for
the fans to worry in any way. Mr Gudmundsson has already put £30million into
the club.
"It might be a comfort to the fans of West Ham to say there is enormous
interest in the club. But we are not actively in the process of selling."
Fridgeirsson also confirmed that the current board - should they still be
here come January 2009 - are unlikely to invest in the playing squad in the
next transfer window, adding: "With a squad of 35 players, the money for
further transfers would come from player sales. The club is standing strong,
generating revenues and through transfer activity there is the chance for
the club to develop further. "He [Gudmundsson] is not going to take money
out of the club - but this event has stopped his option of further
investment this year."

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Duxbury dismisses concerns - SSN
Duxbury insists business will continue as normal
Last updated: 7th October 2008

West Ham have insisted that the position of Landsbanki bank has 'absolutely
no effect' on the club. Concerns have been raised over Bjorgolfur
Gudmundsson's ownership of the club due to his involvement with Icelandic
bank Landsbanki. Landsbanki has now been placed into receivership but West
Ham chief executive officer Scott Duxbury has played down worries over the
club's financial security. "The position of Landsbanki has absolutely no
effect on West Ham United and Mr Gudmundsson's ownership of the club,"
Duxbury said in a statement on the club's official website. "Mr Gudmundsson
is an investor with a large portfolio, of which Landsbanki was just part. He
remains as committed as ever to West Ham United and is not looking to sell
the club. "As has previously been stated, Mr Gudmundsson has invested
£40million net in the playing squad to create a squad capable of challenging
in the top half of the Premier League."
West Ham vice-chairman Asgeir Fridgeirsson announced earlier on Tuesday that
no more funding will be made available to manager Gianfranco Zola for the
foreseeable future. And Duxbury has claimed that Zola is looking to trim his
squad anyway to make it a more sensible size. He explained: "Since his
appointment, Gianfranco Zola has made it quite clear that his first-team
squad is too large and needs to be reduced so he can effectively coach the
team. "Once this has happened and if the manager requires further players,
then the club will acquire them. "Mr Gudmundsson remains fully committed to
the success of this football club and building on the excellent start made
by Gianfranco Zola."

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Hammers crunched by crisis: Zola told there's no West Ham cash to spend
after Icelandic freeze - Daily Mail
By Simon Cass and NEIL ASHTON
Last updated at 8:32 AM on 08th October 2008

West Ham fear a financial black hole of more than £100million after the
club's owner, Bjorgolfur Gudmundsson, was forced to resign from Landsbanki
by the Icelandic government yesterday. Sportsmail can reveal that
Gudmundsson, who was chairman and largest shareholder of Iceland's second
biggest bank , is coming under government pressure to 'repatriate' his
overseas assets to help save his country's crippled economy. The Icelandic
government admitted last night they are on the verge of 'national
bankruptcy' and Gudmundsson, who bought West Ham for £85m in November 2006,
may listen to offers for the club. New manager Gianfranco Zola has been told
that he will have to sell players to generate the cash needed for any team
rebuilding in January.
Hammers vice-chairman Asgeir Fridgeirsson warned: 'There is not an intention
by him (Gudmundsson) to invest further in the club at the moment. Mr
Gudmundsson has already put £30m into the club. We have a very big squad and
our manager feels it is not necessary for it to be of that size, of nearly
35 players. The money for further transfers would need to be generated by
sales.'
Although West Ham insist that Gudmundsson will be able to cover the club's
spiralling debts from his personal fortune, they are expected to post huge
losses in their next set of accounts, currently being prepared by Deloitte &
Touche, which are due in December. Through a series of complicated loans,
West Ham owed more than £60m on May 31, 2007 and have a wage bill of £41m a
year. That was before the arrival of Kieron Dyer (£60,000 a week), Craig
Bellamy (£65,000) and Freddie Ljungberg (£85,000), the Swede having since
been paid £6m to leave. Dean Ashton was given a new contract last summer
worth £50,000 a week, and Lucas Neill (£65,000), Scott Parker (£60,000) and
Lee Bowyer (£40,000) are also high earners. West Ham sold around £19m worth
of players in the summer, including Anton Ferdinand (£8m), Bobby Zamora
(£4.8m) and George McCartney (£4.8m) in order to free up cash as they began
to realise the scale of their financial situation. The club's turnover is
£57m, but they made a loss of £19m last year and must consider the potential
award of damages to Sheffield United, who are demanding £30m over the Carlos
Tevez affair. If the Court of Arbitration for Sport reject their appeal
against the independent tribunal's recent findings, it will have a huge
financial impact.
Players of the calibre of Bellamy and England goalkeeper Robert Green would
certainly interest rival clubs and there would be no shortage of takers for
Ashton should he recover from ankle surgery in time for January.
One option for Gudmundsson is to find a buyer. Indian billionaire Anil
Ambani has been linked with a takeover at Upton Park and Fridgeirsson added:
'All I can say, which might be a comfort to the fans, is that there is an
enormous interest in the club. But we are not actively in the process of
selling and as it stands today there is not a need to do so.' That stance
may be up for review given the enormous blow to Gudmundsson's investment
portfolio yesterday. Fridgeirsson was at pains to point out that
Gudmundsson's investment in Landsbanki was carried out through a separate
investment company and that there is no pressing need to sell the club.
He added: 'Mr Gudmundsson is an international investor; this was an
important investment but not the only one. He has others in shipping
companies, seafood companies and telephone companies all over Europe that
are unaffected by the events of today. 'There is no reason to fear he will
not honour his commitments to West Ham United. Nor is there any reason to be
pessimistic. West Ham is a well run club and is servicing its debt. 'Mr
Gudmundsson is not going to take money out of the club if that is your fear,
but these events have limited his options for further investment this year.'

This is not the only problem Gudmundsson is facing. Prior to the collapse of
West Ham's former sponsors, XL Leisure Group, last month, he took
responsibility, along with his son Bjorgolfur Thor Bjorgolfsson, for a £163m
loan which was granted by Landsbanki to fund a management buy-out of the
travel firm. He did so amid fears that the original guarantor of the loan,
transport company Eimskip in whom he is also a major investor, could go to
the wall if forced to honour the debt in the wake of XL's collapse. West Ham
have yet to find a replacement sponsor.

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Important News At Midday For West Ham - West Ham Fans.org
Submitted by Neville Nixon on 8 October, 2008 - 06:28

West Ham United are due to make an important announcement about the future
of the club this lunchtime. Despite previous staements to the contrary it is
understood that that the club are in actual take over negotiations with a
consortium believed to be from the middle east, and yes, you guessed it the
broker is none other than Kia Joorabchian! More news as soon as....-Ed

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Will He or Won't He? - Cmon Yu Irons
8 October 2008

With Landsbanski collapsing, we have been reassured that us fans should not
be worried, and that although others have took an interest in buying our
club, it is not up for sale…or is it?

Of course the board are not going to come right out on sky and give the
answers they want to hear. And even though a member of the board has stated
that this will not affect West Ham, I beg to differ.

It has been stated that we have a large squad, and that some players will
have to go in order to bring in others. That's all fine on the surface, but
what players would we have to sell in January in order to steady the ship?

Maybe I'm just imaging this, but listening to the interview on sky, I wasn't
convinced by the words of assurance. In my opinion it is only a matter of
time before BG sells us, and especially with others interested, including
the 6th richest man in the world, Anil Ambani, if these reports are to be
believed.

Regardless of the words spoken of all is ok, at the end of the day, the
question is, will BG sell up or not. Money talks

This post was submitted by Dave Hall.

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Bellamy vows to boost Wales and West Ham - Sportsman
Published Date: 08 October 2008
By Paul Walker

CRAIG Bellamy is desperate for a long run of matches now to prove his
commitment to Wales and West Ham. The 29-year-old former Celtic and
Liverpool striker is finally back in the Wales squad for their World Cup
qualifiers against Liechtenstein and Germany on Saturday and next Wednesday
respectively, and is also keen to give the Hammers a boost with his return.
He has had three short spells as a substitute this season for the east
Londoners after a year of groin, stomach and hamstring problems. Now he
believes he is ready for action, starting against Liechtenstein in Cardiff.
He said: "At the moment my recovery is going well. Speed is an important
part of my game, so I have to be careful in many ways. Explosiveness off the
mark is where you feel it, so that's why it has taken longer than usual to
come back. "I am looking for a good run of games now. This last year is the
hardest I have ever worked. I have really dedicated myself to putting the
injury behind me. I have put so much hard work into trying to improve myself
and look after myself. "My lifestyle is as professional as it can be to be
honest. I have a wife and kids now.
I have just signed a deal last year at West Ham and want to give as much as
I can back to the club. To miss a whole year has been really difficult for
me but hopefully I can make up for lost time. "I'm very close to being ready
to play 90 minutes. I could have been ready for Bolton but the team have
been playing so well that I just couldn't get in, but I'll bide my time and
wait for my opportunity. "We don't know what the team will be on Saturday
but I'm ready to start if given the chance. "It's essential that we win on
Saturday. Then getting a point against Germany would be a bonus point. This
time last year the boys went there and got a good result so hopefully we can
cause another upset. They are an outstanding side and we'll be trying our
best."
Wales have lost Joe Ledley, Freddy Eastwood, Brian Stock and Robert Earnshaw
to injury, and have added Wrexham defender Steve Evans to the squad.
Meanwhile, Celtic winger Aiden McGeady is included in the Republic of
Ireland squad for the World Cup Group 8 qualifier at home to Cyprus next
Wednesday.

Squad: Given (Newcastle), Kiely (West Brom), Murphy (Scunthorpe), Bruce
(Ipswich), Delaney (QPR), Dunne (Manchester City), Kilbane (Wigan), O'Brien
(Bolton), O'Shea (Manchester United), McShane (Sunderland), S Hunt
(Reading), McGeady (Celtic), Duff (Newcastle), Miller (Sunderland), Reid
(Sunderland), Whelan (Stoke), Doyle (Reading), Keane (Liverpool), Keogh
(Wolves), Long (Reading), Murphy (Sunderland).

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Hammers' Iceland fears eased
By Jason Burt
Wednesday, 8 October 2008
Independent.co.uk Web

West Ham United's owner, Bjorgolfur Gudmundsson, yesterday acted to reassure
executives at the club that the financial meltdown in the Icelandic banking
industry will not force him to sell up.

Landsbanki, Iceland's second-largest bank, which is chaired by the
billionaire, who is also a significant shareholder, has been taken over by
the country's government to prevent it from collapse. There are fears it
could become insolvent.

This immediately led to concerns that Gudmundsson may have to try to recoup
some of his losses by selling West Ham. He has complete control of the club,
acquiring it for £85m in November 2006 – plus taking on the club's debts –
and then pumping in a further £30m in December last year.

"He has told us there is no implication, no impact. It's business as usual,"
one board member said yesterday. "He remains fully committed. He has taken a
big hit, but this has not impacted on his personal wealth."

Gudmundsson's right-hand man, and West Ham's vice-chairman, Asgeir
Fridgeirsson, admitted that the bank's plight was a "blow" for the
67-year-old, but he added: "Landsbanki has not gone into administration. The
government has claimed the shares in the company, but the company is still
in operation. It is, of course, a blow for him and his financial strength,
but he has numerous other investments which are doing well at the moment, so
there is no reason to fear that he will not fulfil his commitments to West
Ham United."

The club have been fretting with the latest financial blow following on from
the collapse of West Ham's shirt sponsor, XL. The club hope to announce a
new sponsor soon, but are unlikely to recoup any of the money owed to them
from the tour operator, which is thought to be around £5m.

In addition, there will not be any significant transfer funds made available
to West Ham's new manager Gianfranco Zola in the January window, although
the Italian was aware of this state of affairs when he took the job.

West Ham expect any signings to be financed by players leaving, with the
board still arguing – an argument not accepted by Zola's predecessor, Alan
Curbishley – that the club have a bigger than average squad in need of
trimming.

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West Ham United feel blast from world's financial turmoil as Icelandic bank
fails - Telegraph
Fresh doubt was cast on West Ham's financial future when Landsbanki,
Iceland's second largest bank, was nationalised.
By Jeremy Wilson
Last Updated: 11:20PM BST 07 Oct 2008

The club's owner, Bjorgolfur Gudmundsson, is a major shareholder in the
bank, but has been sacked as Landsbanki chairman after it was taken into
government hands amid mounting fears over the entire Iceland economy.
However, while West Ham vice-chairman Asgeir Fridgeirsson argued that the
development would not have a direct impact on the club, he did say that new
manager Gianfranco Zola would have to sell players before he could reinvest
in the squad.

West Ham's decision to sell certain first-team players during the summer led
to tensions with the board and previous manager Alan Curbishley, who
resigned following the departures of Anton Ferdinand and George McCartney.
But, according to Fridgeirsson, Zola now wants to further streamline the
squad following a strong start to the season.

"We have a very big squad," said Fridgeirsson. "Our manager feels it is not
necessary to be that size, so if further transfers are needed money would
need to be generated from sales."

Although the Gudmundsson family was understood to have a 41 per cent stake
in Landsbanki, they also have significant business interests abroad. "The
government has claimed shares in the [Landsbanki] company which means that
the government has claimed control," Fridgeirsson said. "That means,
basically, that we have lost it. Landsbanki has not gone into
administration, the government has claimed the shares in the company but the
company is still in operation. It is, of course, a blow for him and his
financial strength but he has numerous other investments which are doing
well at the moment, so there is no reason to fear that he will not fulfil
his commitments to West Ham United.

"There is no intention to invest further in the club at the moment, but the
club is standing strong. Mr Gudmundsson will not take money out of the club.
Mr Gudmundsson has already put £30 million into the club, the money is still
there. One thing he is sure of is that this will have no implications on the
other investments of him and his family."

Fridgeirsson also admitted that West Ham had fended off interest from
potential buyers, but said that there were no plans to sell the club. "There
is enormous interest in the club, but at the moment we are not actively in
the process of selling the club – there is not a need. There have been
agents all around the club trying to get our attention but we have turned
them away.

"I don't think there is any reason to be too pessimistic. West Ham is a well
run company. It is run in an efficient manner and the company itself is
servicing its debts and, in doing so, it has been able to progress in
developing the infrastructure. There is no reason for the fans to worry in
any way about things on the pitch."

Gudmundsson, whose fortune was estimated at £600 million earlier this year,
bought West Ham with compatriot Eggert Magnusson in 2006 for £85 million. He
has since bought out Magnusson's stake and is now the club's sole owner.

However, West Ham have been hit by an extraordinary sequence of off-field
setbacks since Gudmundsson's arrival. Last month they were left with a
potential £5 million shortfall after the club's shirt sponsor, XL, went
bust. Then, two weeks ago, an independent tribunal ruled against them in the
Carlos Tevez transfer affair, leaving them facing a £30 million compensation
claim from Sheffield United. The club have since submitted a statement of
appeal to the Court of Arbitration for Sport.

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Quashie to Birmingham in loan deal
By Sportsmail Reporter Last updated at 11:01 PM on 07th October 2008

West Ham midfielder Nigel Quashie is set to join Birmingham on loan after
playing for their reserves yesterday. Quashie, 30, has been training with
the Midlands club for the past month and boss Alex McLeish plans to work out
a deal for him after the international break.

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Bellamy Sleeps In Altitude Tent To Regain Fitness - Goal.com

Injury-plagued Wales captain Craig Bellamy has been sleeping in an altitude
tent in an attempt to boost his fitness and help extend his career. West Ham
striker Craig Bellamy is hoping to make his first international start for a
year when Wales take on Liechtenstein on Saturday in a World Cup qualifier.
"I have got my own altitude tent and I sleep in it every night because it
speeds up recovery and improves overall fitness," Bellamy told BBC Sport.
"This is a critical stage of my career and if I cut corners it would have
been tough for me to come back."
Bellamy, now 29, last started a game for Wales in October 2007 - the 2-1
victory over San Marino - after suffering from abdominal, groin and
hamstring injuries.
The altitude tent he's using to sleep in simulates conditions at high
altitude by maintaining a lower concentration of oxygen, which among other
benefits boosts red blood cells and enzymes to speed recovery. Bellamy has
managed just 73 minutes of first-team action this season for the Hammers
while recovering from a hamstring tear that he suffered in pre-season.
However, the former Norwich, Coventry, Newcastle, Celtic, Blackburn and
Liverpool striker has been selected in John Toshack's squad for the
Liechtenstein game at the weekend at Cardiff's Millennium Stadium. "My
rehabilitation has been quite extraordinary," Bellamy told BBC Sport. "And
I want to really attack the last years of my career in a positive manner.
"The altitude tent improves endurance, helps speed and makes you a fitter
athlete. "I'm ready to play 90 minutes and play two games in five days
because I feel good and I've done all of the groundwork. "I'm glad to be
back with Wales as it has been a while," said Bellamy. "I missed the
September qualifiers with Azerbaijan and Russia because I knew my hamstring
was a problem, it was very sore. "The last thing I wanted to do is come back
too soon and pull up, that wouldn't have been fair to Wales or West Ham.
"And I know my body well because I pulled up in training with West Ham a few
days later. "I have moved heaven and earth to play for Wales in the past and
booked flights myself to make it happen because I'm proud to be Welsh and
international games mean a lot to me. "The biggest problem I have had in the
past was with my clubs, I have picked up injuries in my career and it is a
little different playing for Wales. "With England I've seen boys get told:
'off you go and do the club proud' but with Wales it's like 'do you really
need to go? We could really do with [you] staying here to continue your
rehab.' "I have really had to fight my corner for Wales over the years."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Fulham Reserves 4 West Ham United Reserves 1 - Echo
9:36pm Tuesday 7th October 2008
By Rob Pritchard »

A YOUNG West Ham United second-string suffered a 4-1 Barclays Premier
Reserve League South defeat at a gloomy, chilly Fulham last night. After
matching a Cottagers' side containing five full internationals for much of
an eventful first half, Alex Dyer's side — containing just one player out of
his teens in 21-year-old Canvey Islander Tony Stokes — conceded three goals
in seven minutes either side of half-time. With regulars Freddie Sears — a
four-goal hero against West Brom a week ago — and Jack Collison absent and
the returning James Collins and Lee Bowyer not risked, the inexperienced
Hammers found the going tough against Billy McKinlay's side at Motspur Park.
Norway international Erik Nevland opened the scoring on 40 minutes, sliding
home Seol Ki-Hyeon's cross just moments after he had been booked for
punching the South Korean's deflected centre past Marek Stech. Having gone
in front, the hosts put themselves out of sight within 108 seconds of the
restart. First, just 50 seconds after the break, Seol curled a left-foot
shot into the bottom corner from 20 yards.
A minute later it was 3-0 as former Birmingham City winger Julian Gray
slotted home the same player's low cross from close range. The scoreline was
harsh on Dyer's team and, in particular Junior Stanislas, who forced Swiss
international goalkeeper Pascal Zuberbuhler into three smart saves with
long-range efforts. And the visitors' hard work was rewarded with a
consolation goal on 55 minutes when Eyjolfsson headed home Ryan O'Neill's
deep cross. Fulham were to restore their three-goal lead, however, with
Wayne Brown lashing home from 30 yards midway through the second period.

West Ham United Reserves (4-3-2-1): Stech, O'Neill, Miller (Fry 53),
Eyjolfsson, N'Gala, Stokes, Lee, Grasser (Montano 72), Edgar (Kearns 72),
Stanislas, Bajner.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Fridgeirsson reveals big interest in West Ham ownership
08.10.08 | tribalfootball.com

West Ham United vice-chairman Asgeir Fridgeirsson admits there is growing
takeover interest in the club. Indian billionaire Anil Ambani has been
linked with a takeover at Upton Park and Fridgeirsson said: "All I can say,
which might be a comfort to the fans, is that there is an enormous interest
in the club. But we are not actively in the process of selling and as it
stands today there is not a need to do so."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Birmingham wrapping up deal for West Ham's Quashie
08.10.08 | tribalfootball.com

West Ham United midfielder Nigel Quashie is set to join Birmingham on loan
after playing for their reserves yesterday. Quashie, 30, has been training
with the Midlands club for the past month and boss Alex McLeish plans to
work out a deal for him after the international break.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
West Ham's Gabbidon unsure of return
08.10.08 | tribalfootball.com

West Ham defender Danny Gabbidon admits he's unsure how long he will be out
with his abdominal problem. "I am taking it day by day, week by week.
Obviously I won't be happy until I am back playing but I am pleased with how
things are going for me," Gabbidon told the South Wales Echo. "But I am not
giving any specific targets as to when I will be back. "It has been tough
and I still have a bit to go, but I am certainly 100 per cent confident of
getting back sooner rather than later. "I am not that far away and the work
I am doing has stepped up to where I can do some running now. "So it's nice
for me to have new challenges like this and see the progress being made."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Behrami: West Ham one happy family
08.10.08 | tribalfootball.com

Valon Behrami is happy with his start at West Ham United. The Swiss
international said: "It is like a family here. We work very hard in the same
way, that is important for me. "Every day I wake up I am happy to go into
training."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Bellamy desperate to get back for West Ham
08.10.08 | tribalfootball.com

Craig Bellamy is desperate to get back for West Ham United. The Wales
striker said: "I have just signed a deal last year at West Ham and want to
give as much as I can back to the club. To miss a whole year has been really
difficult for me but hopefully I can make up for lost time. "I'm very close
to being ready to play 90 minutes. I could have been ready for Bolton but
the team have been playing so well that I just couldn't get in, but I'll
bide my time and wait for my opportunity. "We don't know what the team will
be on Saturday but I'm ready to start if given the chance. "I'm sure in
training I've shown what I can do and what I can offer. Training is
important for me. It's all about showing people I'm back to the level I can
be and people expect me to be."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

http://vyperz.blogspot.com

Tuesday, October 7

Daily WHUFC News - II 7th October 2008

Hammers safe despite bank collapse, say club - KUMB
Filed: Tuesday, 7th October 2008
By: Staff Writer

West Ham United have dismissed reports that the club may be about to be sold
in the wake of the collapse of Landsbanki. The bank - in which Hammers
Chairman Bjorgolfur Gudmundsson had a 40% stake - was taken under the
control of the Icelandic government yesterday to prevent it from going
under, the latest victim of the worldwide banking crisis. All Landsbanki
board members were dismissed as a result. With the bank's foreign assets
said to be up for grabs, speculation arose that West Ham United - purchased
by Gudmundsson for £85million in 2006 - may be about to be sold. But that
suggestion has been dismissed this morning by an unnamed board member, who
told the BBC: "This is not affecting West Ham. One of Mr Gudmundsson's
investments has gone bad, but he is still standing and has a lot of other
investments."
Meanwhile another (similarly) unnamed board member added: "West Ham is
protected by Mr Gudmundsson. He has considerable personal wealth in a number
of sectors, such as construction and shipping, and most of these assets and
investments are overseas. "Mr Gudmundsson is not looking to sell the club -
and he is as committed as ever."

News of Landsbanki's collapse is the third piece of bad news for Gudmundsson
in recent weeks. Just a month ago United's sponsors XL, also owned by
Gudmundsson went bankrupt with the Hammers chairman thought to have taken a
personal hit of around £160million, whilst last week Sheffield United were
given the green light to sue the Hammers after an arbitration panel ruled in
their favour in the latest leg of the ongoing Carlos Tevez case.

West Ham United made a summer transfer profit on player trading (in terms of
transfer fees spent/received) of around £10million, with only Valon Behrami
brought in to the club for anything greater than a nominal fee. Players sold
for hefty fees, such as George McCartney and Bobby Zamora have been replaced
by cheap, foreign imports.

The current Icelandic board have spent just £15million net on transfer fees
since purchasing the club two years ago; in contrast, the previous regime
led by Terry Brown spent over £24million in the same two-year period leading
up to the club's sale.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
West Ham defiant despite bank hit - BBC
By Simon Austin

West Ham insist they will not be affected by Iceland's second-biggest bank,
Landsbanki, being placed into receivership on Tuesday. Club chairman
Bjorgolfur Gudmundsson is a major shareholder in both West Ham and
Landsbanki, and was chairman of the bank until he was sacked on Tuesday.
"This is not affecting West Ham," a senior boardroom member told BBC Sport.
"One of Mr Gudmundsson's investments has gone bad, but he is still standing
and has a lot of other investments."
Another board member said 67-year-old Gudmundsson had made it clear that
Landsbanki's predicament had "no implications, no impact" for the club.
"West Ham is protected by Mr Gudmundsson," he said. "He has considerable
personal wealth in a number of sectors, such as construction and shipping,
and most of these assets and investments are overseas."
A weekend newspaper report claimed that Indian billionaire Anil Ambani was
interested in buying West Ham and had been told the club was available for
£150m.
But the board member said: "West Ham is definitely not for sale. Mr
Gudmundsson is not looking to sell the club and he is as committed as ever."
The Icelandic government took control of Landsbanki on Tuesday to prevent it
collapsing and sacked the bank's board. There are now fears that the bank
could become insolvent, although it released a statement saying: "Landsbanki
would like to stress that the bank has not been put into liquidation but is
in receivership, which gives it a temporary protection from payment of debts
and obligations as they fall due."
Gudmundsson had experienced a testing few months even before the news that
Landsbanki was being placed into receivership. West Ham's shirt sponsor, XL,
went bust last month, leaving the club with a potential shortfall of £5m. It
also emerged that Gudmundsson was the guarantor of a 207 million Euros
(£163m) bank loan given to XL. Then, two weeks ago, an independent tribunal
ruled against West Ham in the Carlos Tevez affair, leaving them liable to a
£30m compensation claim.
Gudmundsson, who bought the Hammers for £85m in November 2006, was listed as
one of the 1,000 richest men in the world in the 2007 Forbes Rich List. He
is the second richest man in Iceland, behind his son. In an interview with
The Observer last year he said: "I have interests in companies all over the
world. Our operations in Iceland are minimal. Most of our money comes from
abroad."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Financial worry for Hammers - SSN
Gudmundsson could lose personal fortune
Last updated: 7th October 2008

West Ham could find themselves in financial trouble after the bank of owner
Bjorgolfur Gudmundsson was put into receivership. It has been confirmed that
a government body had dismissed the board of directors of Landsbanki bank in
Gudmundsson's native Iceland. The bank is now expected to be nationalised as
the credit crunch takes effect in Iceland. Gudmundsson, who took over as
West Ham chairman in December 2007 from Eggert Magnusson, owns around 40 per
cent of Landsbanki along with his son, and is now facing the prospect of
losing much of his personal fortune. The news will raise question marks
over the future of Gudmundsson's ownership of West Ham and comes as a major
blow with the club already contesting a multi-million financial claim from
Sheffield United over the Carlos Tevez affair.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Bellamy ready to start - SSN
See Wales v Liechtenstein live on Sky Sports 1 and Sky Sports HD 1
Last updated: 7th October 2008

Striker Craig Bellamy insists he is ready to start Wales' World Cup
qualifier against Liechtenstein. The West Ham marksman's season has so far
been disrupted by injury after he tore a hamstring in pre-season. However,
he replaced David Di Michele after 54 minutes of West Ham's 3-1 defeat to
Bolton on Sunday and the ex-Liverpool and Blackburn ace believes he is
nearing full fitness. When asked if he will be 100 per cent for Wales' clash
against Liechtenstein on Saturday, he told Sky Sports News: "Nearly. I'm not
too far away, but I'm a lot fitter than I was a few weeks ago. "I could have
been ready against Bolton, but basically I couldn't get in. I've had to bide
my time and I'll wait for my opportunity. "We'll wait and see Saturday. We
don't know what the team's going to be, but I'm ready to start if I get the
chance. "I came on against Blackburn and still felt it a little bit which
prevented me from meeting up with Wales last time. "I was right because I
couldn't come on against West Brom because I felt it again. "I left it
another couple of weeks and it's gone quite well so hopefully I'll be in the
frame for Saturday. "The only problem with hamstrings is that speed is an
important part of my game so I've got be a bit more careful than other
players because that explosiveness off the mark is where you feel it."
With Wales taking on European giants Germany next week, Bellamy believes it
is crucial they see off Liechtenstein this weekend. "It's essential we win.
This time last year the boys went over (to Germany) and got a good result so
I'm sure we can cause them problems," he continued. Bellamy has made just
three appearances for The Hammers to date this term and after suffering an
injury-plagued first season with the East Londoners, he is now looking to
show the club's fans what they have been missing out on. "I've just signed a
deal at West Ham last year and I want to give as much as I can. "I missed
virtually the whole of my first year at West Ham which was really
disappointing, but I'm sure this year I can make up for lost time."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Fridgeirsson eases fans' fears - SSN
Hammers insist they remain financially secure
By Chris Burton Last updated: 7th October 2008

West Ham vice-chairman Asgeir Fridgeirsson has offered reassurances that the
club is in safe hands. The precarious state of the financial industry in
Iceland had led to concerns regarding Hammers owner Bjorgolfur Gudmundsson.
The billionaire businessman has been in control at Upton Park since
completing a takeover in November 2006, and invested a further £30.5million
in December 2007 to acquire a further five per cent stake. However, the
Icelandic bank he chaired, Landsbanki, is suffering extreme difficulties at
present and has been nationalised by the nation's government. This news had
led to fears that West Ham would now see their assets stripped in an attempt
to raise revenue.
Fridgeirsson, though, insists that is not the case and confirmed business
will continue as normal at the Premier League club. "Landsbanki has not gone
into administration, the government has claimed the shares in the company
but the company is still in operation," he told Sky Sports News. "It is of
course a blow for him (Gudmundsson) and his financial strength but he has
numerous other investments which are doing well at the moment, so there is
no reason to fear that he will not fulfil his commitments to West Ham
United. "I don't think there is any reason to be too pessimistic. West Ham
is a well run company. "It is run in an efficient manner and the company
itself is servicing its debts and in doing so it has been able to progress
in developing the infrastructure. There is no reason for the fans to worry
in any way about things on the pitch."
While Fridgeirsson insists the club have no financial concerns at present,
he did confirm that no more funding will be made available to manager
Gianfranco Zola for the foreseeable future. "Mr Gudmundsson has already put
£30m into the club, the money is still there," he added. "We have a very big
squad. Our manager feels it is not necessary to be that size so if further
transfers are needed money would need to be generated from sales. "There is
no intention to invest further in the club at the moment, but the club is
standing strong. Mr Gudmundsson will not take money out of the club."
Meanwhile, Fridgeirsson also confirmed that there are no plans at present to
seek a new buyer for the club. "There is enormous interest in the club, but
at the moment we are not actively in the process of selling the club. There
is not a need," he said.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
West Ham lockdown - no more funds for players after Hammers chairman's bank
collapses - Daily Mail
Last updated at 3:44 PM on 07th October 2008

West Ham have been plunged into crisis after the collapse of the bank
controlled by the club's chairman Bjorgolfur Gudmundsson. Landsbanki -
Iceland's second-largest bank - has become the latest victim of the meltdown
which has engulfed the world's money markets, and Hammers vice-chairman
Asgeir Fridgeirsson has admitted that the club may be forced to sell
players. Fridgeirsson said: "There is no intention to invest further in the
club at the moment, but the club is standing strong. Mr Gudmundsson will not
take money out of the club. "Mr Gudmundsson has already put £30million into
the club, the money is still there. "We have a very big squad. Our manager
feels it is not necessary to be that size so if further transfers are needed
money would need to be generated from sales."
The bank is now expected to be nationalised as the credit crunch takes
effect in Iceland. Magnusson owns about 40 per cent of Landsbanki along with
his son. Fridgeirsson has, however, moved to reassure Hammers supporters
that it is business as usual at the Barclays Premier League club.
"Landsbanki has not gone into administration, the government has claimed the
shares in the company but the company is still in operation," he told Sky
Sports News. "It is of course a blow for him (Gudmundsson) and his financial
strength but he has numerous other investments which are doing well at the
moment, so there is no reason to fear that he will not fulfil his
commitments to West Ham United. "I don't think there is any reason to be too
pessimistic. West Ham is a well-run company. "It is run in an efficient
manner and the company itself is servicing its debts and in doing so it has
been able to progress in developing the infrastructure. There is no reason
for the fans to worry in any way about things on the pitch." Meanwhile,
Fridgeirsson also confirmed that there are no plans at present to seek a new
buyer for the club. While Fridgeirsson insists the club have no financial
concerns at present, he did confirm that no more funding will be made
available to manager Gianfranco Zola for the foreseeable future. "There is
enormous interest in the club, but at the moment we are not actively in the
process of selling the club. There is not a need."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Icelandic bank goes into receivership. The fun never stops at West Ham -
soccerlens
Written by Rob Parker

West Ham will have to change their name to Credit Crunch United at this rate
because no Premier League club is feeling the pinch quite like the Hammers.
Just weeks after shirt sponsor XL.com went bust, Icelandic bank Landbanki -
of which club chairman Bjorgolfur Gudmundsson is a major shareholder - has
gone into receivership.

A West Ham board member denied that the bank's problems would affect the
club. He told the BBC: "This is not affecting West Ham. One of Mr
Gudmundsson's investments has gone bad, but he is still standing and has a
lot of other investments."

With that potential compensation package to Sheffield United still hanging
over the Hammers too, it is tempted to believe the anonymous board member is
putting a slightly brave face on.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
FRIDGEIRSSON EASES HAMMERS FEARS - Football365
Posted 07/10/08 15:22EmailPrintSave

West Ham vice-chairman Asgeir Fridgeirsson has offered reassurances the club
is in safe hands. The precarious state of the financial industry in Iceland
had led to concerns regarding the Hammers owner Bjorgolfur Gudmundsson. The
billionaire businessman has been in control at Upton Park since completing a
takeover in November 2006, and invested a further £30.5million in December
2007 to acquire a further five per cent stake. However, the Icelandic bank
he chaired, Landsbanki, is suffering extreme difficulties and has been
nationalised by the nation's government. This news had led to fears that
West Ham would now see their assets stripped in an attempt to raise revenue.
Fridgeirsson, though, insists that is not the case and confirmed business
will continue as normal at the Premier League club. "Landsbanki has not gone
into administration, the government has claimed the shares in the company
but the company is still in operation," he told Sky Sports News. "It is of
course a blow for him (Gudmundsson) and his financial strength but he has
numerous other investments which are doing well at the moment, so there is
no reason to fear that he will not fulfil his commitments to West Ham
United. "I don't think there is any reason to be too pessimistic. West Ham
is a well-run company. "It is run in an efficient manner and the company
itself is servicing its debts and in doing so it has been able to progress
in developing the infrastructure. There is no reason for the fans to worry
in any way about things on the pitch."
While Fridgeirsson insists the club have no financial concerns at present,
he did confirm that no more funding will be made available to manager
Gianfranco Zola for the foreseeable future. Mr Gudmundsson has already put
£30million into the club, the money is still there," he added. "We have a
very big squad. Our manager feels it is not necessary to be that size so if
further transfers are needed money would need to be generated from sales.
"There is no intention to invest further in the club at the moment, but the
club is standing strong. Mr Gudmundsson will not take money out of the
club."
Meanwhile, Fridgeirsson also confirmed that there are no plans at present to
seek a new buyer for the club. "There is enormous interest in the club, but
at the moment we are not actively in the process of selling the club. There
is not a need," he said.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Hammers unaffected by bank collapse - Echo
2:40pm Tuesday 7th October 2008

WEST Ham will not suffer any repercussions from Landsbanki going into
receivership, despite club owner Bjorgolfur Gudmundsson being a major
shareholder in the Icelandic bank. The 67-year-old was the chairman of
Landsbanki until he was sacked on Tuesday, after it had been taken over by
the Icelandic government to prevent it from becoming insolvent. But the
Hammers will not be affected by the developments, according to the club, as
Gudmundsson's investment in his homeland represents only a small portion of
his personal fortune. "This is not affecting West Ham," a senior boardroom
member told BBC Sport. "One of Mr Gudmundsson's investments has gone bad,
but he is still standing and has a lot of other investments. "West Ham is
protected by Mr Gudmundsson. He has considerable personal wealth in a number
of sectors, such as construction and shipping, and most of these assets and
investments are overseas."
The events in Iceland are the latest in a line of incidents that have put
the West Ham chairman under pressure. The club's sponsor, XL, collapsed last
month, resulting in the club losing an extra £5million in revenue.
Furthermore, it was recently revealed that Gudmundsson was the guarantor of
a £163million bank loan for the travel company. Add that with the fact that
the Irons are facing a massive £30million pay-out to Sheffield United
following the Blades' successful appeal over the Carlos Tevez affair, and it
has been more than a turbulent few months for the chairman.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Landsbanki takeover casts pall over West Ham - Guardian

LONDON, Oct 7 (Reuters) - London soccer club West Ham's finances were again
in the spotlight on Tuesday after the Icelandic bank chaired by the club's
billionaire owner was put in receivership, the latest victim of global
financial turmoil. The Icelandic government said it was taking control of
Landsbanki, the island's second-largest bank by value, as the country's
financial system threatened to collapse and its currency plunged. Owner
Bjorgolfur Gudmundsson, erstwhile chairman of Landsbanki, led an 85 million
pound ($148.3 million) buyout of the east London club in November 2006. He
invested another 30.5 million pounds in West Ham in December 2007 after
buying a further 5 percent stake. He is Iceland's second-richest person,
after his son Thor. The Gudmundsson family are major shareholders in
Landsbanki. West Ham, already reeling from the loss of its shirt sponsor
last month after the collapse of tour operator XL Leisure, could not be
reached for comment.
The mid-sized club is also appealing against a ruling by the Court of
Arbitration for Sport (CAS) that it pay compensation to a rival club, which
could run into tens of millions of pounds. Richard Elliott, a lecturer in
globalisation in soccer at Southampton Solent University, said English clubs
were becoming more vulnerable because they were no longer funded just by
fans entering the turnstile and could be affected by events beyond their
control as a result of growing foreign ownership. "Now they are global
corporations, and they are run across the world and financed and sponsored
by companies around the world, and they are broadcast around the world,"
Elliott said. "So if there is a global financial crisis, being a global
league, there is a much greater likelihood now that the effects will be felt
in big clubs and small clubs," he said. West Ham, a bastion of Cockney
London, is currently sixth in the English Premier League. It narrowly missed
being relegated at the expense of rival Sheffield United during the 2006-07
season but was last month adjudged by the CAS arbitration panel to have
fielded an ineligible player who had been pivotal in keeping them up --
Carloz Tevez, now of Manchester United.
The CAS did not specify the amount it expected West Ham to pay Sheffield
United in compensation, but a figure of 30 million pounds ($55.74 million)
was widely reported. West Ham made a 22 million pound pretax loss in the
2006-07 financial year.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Financial crisis looms for West Ham as Lord Triesman calls for 'means
testing' on buyers - Telegraph
As doubts were mounting today about the financial structure that underpins
West Ham, FA chairman Lord Triesman warned English football of the need for
more transparency in the running of clubs.
By Jeremy Wilson
Last Updated: 2:00PM BST 07 Oct 2008

In a wide-ranging speech about his concerns surrounding the English game,
Triesman highlighted the spiralling level of debt as a "tangible danger",
particularly because it is spread around unstable financial institutions
that have been left exposed by the global market meltdown.

His warning follows news that Lansbanki, the second largest bank in Iceland,
had been placed into receivership, with the Icelandic government seizing
control today. The Landsbanki chairman and a large shareholder in the bank
is Bjorgolfur Gudmundsson, the owner of West Ham United football club.

In an address broadcast on Icelandic television last night, prime minister
Geir Haarde announced plans to rush through an emergency bill, supported by
opposition parties, allowing the government to push through mergers between
the battered banks or force them into bankruptcy.

"We were faced with the real possibility that the national economy would be
sucked into the global banking swell and end in national bankruptcy," he
said. The Icelandic Financial Services Authority said it had taken control
of Landsbanki to "guarantee a functioning domestic banking system".

Triesman estimated that the figure of debt across English football currently
stands at £3 billion and has called for a review of the "fit and proper
persons" test that rules on who is eligible to own English clubs. The FA
chairman also expressed his concerns about the current lack of eligible
English players and called for a new sports law to establish which
authorities have responsibility for which issues across English football.

A Tottenham fan, Triesman also wants life bans for the fans who verbally
abused Sol Campbell at Portsmouth. "I abhor the treatment of Sol Campbell by
supporters of a club that I have loved and supported all my life," he said.
"I hope the individuals will be identified and, if appropriate, banned from
Tottenham's ground."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
'BG' is stayin' alive at West Ham - Echo
1:53pm Tuesday 7th October 2008
By Rob Pritchard »

WEST Ham United have insisted Icelandic owner Björgólfur 'BG' Gudmundsson is
going nowhere, despite the island nation's economy being plunged into chaos.
Control of the country's second largest bank Landsbanki, of which
Gudmundsson is chairman and whose holding company Samson eignarhaldsfelag
owns 41.85 per cent, was seized by the Icelandic government on Tuesday as it
took desperate steps to prevent Iceland itself being declared bankrupt.
Iceland's currency, the krona, fell to a record low on Monday, while British
investors in Landsbanki's online UK bank Icesave were unable to withdraw
their deposits on Tuesday. But the struggles in the country's economy, which
had boomed on the back of its banks servicing debt and a strong housing
market, will not end Gudmundsson's two-year stay at Upton Park.
"This is not affecting West Ham," a senior boardroom member told BBC Sport.
"One of Mr Gudmundsson's investments has gone bad, but he is still standing
and has a lot of other investments."
Another board member said the 67-year-old Gudmundsson had made it clear that
the situation in his homeland would have "no implications" for the club he
bought for £85million in November 2006. "West Ham is protected by Mr
Gudmundsson," he said. "He has considerable personal wealth in a number of
sectors, such as construction and shipping, and most of these assets and
investments are overseas. "West Ham is definitely not for sale. Mr
Gudmundsson is not looking to sell the club and he is as committed as ever"
With the Irons already reeling following an independent tribunal's decision
to find in favour of Sheffield United's £30million compensation claim over
the Carlos Tevez affair, fears had been raised over his future at the Boleyn
Ground. Gudmundsson and his son Bjorgolfur Thor Bjorgolfsson were also hit
hard by the collapse of tour operators and Hammers' shirt sponsors XL after
shipping company Eimskip – in which the pair are principal owners –
guaranteed a £100million-plus loan handed to the company by Landsbanki in
2006.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Bank chaos casts cloud over BG's West Ham future - Echo
1:08pm Tuesday 7th October 2008
By Rob Pritchard »

THE future of Icelandic billionaire Björgólfur 'BG' Gudmundsson as West Ham
United owner appears unclear after the island nation's economy was plunged
into chaos.
Control of the country's second largest bank Landsbanki, of which
Gudmundsson is chairman and whose holding company Samson eignarhaldsfelag
owns 41.85 per cent, was seized by the Icelandic government on Tuesday as it
took desperate steps to prevent Iceland itself being declared bankrupt.
Iceland's currency, the krona, fell to a record low on Monday, while British
investors in Landsbanki's online UK bank Icesave were unable to withdraw
their deposits on Tuesday. The struggles in the country's economy, which
had boomed on the back of its banks servicing debt and a strong housing
market, could have knock-on consequences for Gudmundsson and the Hammers.
With the Irons already reeling following an independent tribunal's decision
to find in favour of Sheffield United's £30million compensation claim over
the Carlos Tevez affair, the chairman could decide to cash-in the club he
bought for £85million - also taking on £22.5million of the club's debts - in
November 2006.
Gudmundsson and his son Bjorgolfur Thor Bjorgolfsson were also hit hard by
the collapse of tour operators and Hammers' shirt sponsors XL after shipping
company Eimskip - in which the pair are principal owners - guaranteed a
£100million-plus loan handed to the company by Landsbanki in 2006. A West
Ham source recently told the Echo that the chairman was "committed" to the
club, but the latest dire financial news in his homeland could see the
Icelandic tycoon change his mind and choose to sell-up. Should Gudmundsson
leave Upton Park, it would spell the end a rollercoaster two year stint in
the East End in which two managers - Alan Pardew and Alan Curbishley - and
one chairman - Eggert Magnusson - have left and the club was fined a world
record £5.5million by the Premier League over the Tevez saga.
Prospective new owners, who are thought to included Indian billionaire Anil
Ambani, could buy the Hammers for around £150million after TV revenue
increased the value of Premier League clubs.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
West Ham faces financial uncertainty as Icelandic bank Landsbanki is seized
- the Mirror
By Chris Wilson 7/10/2008

Following the collapse of their shirt sponsor XL Leisure Group last month
West Ham could be in further financial trouble as Icelandic bank Landsbanki
falters. The Landsbanki chairman and a large shareholder in the bank is
Bjorgolfur Gudmundsson, the owner of West Ham, and this morning the
Icelandic government seized control of the bank as it sought to avert a
financial meltdown. What effect this will have on the Premier League club is
unknown, but reports suggest that Gudmundsson will struggle to give the club
any money for transfers in January.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
FINANCIAL WORRY FOR HAMMERS - Football365
Posted 07/10/08 12:14EmailPrintSave

West Ham could find themselves in financial trouble after the bank of owner
Bjorgolfur Gudmundsson was put into receivership. It has been confirmed a
government body dismissed the board of directors of Landsbanki bank in
Gudmundsson's native Iceland and it is now expected to be nationalised as
the credit crunch takes effect.
Gudmundsson, who took over as West Ham chairman in December 2007 from Eggert
Magnusson, owns around 40 per cent of Landsbanki with his son and he faces
the prospect of losing much of his personal fortune. The news will raise
question marks over the future of Gudmundsson's ownership of West Ham and
comes as a major blow with the club already contesting a mulit-million
financial claim from Sheffield United over the Carlos Tevez affair

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Zola's return picked for live SKY coverage - Echo
11:37am Tuesday 7th October 2008
By Rob Pritchard »

GIANFRANCO Zola's return to Chelsea as West Ham United manager will be
screened live by SKY Sports. The broadcaster announced that the Premier
League clash will be one of 10 games shown during December. Zola, who spent
seven seasons at Stamford Bridge between 1996 and 2003, will take the
Hammers to West London on Sunday, December 14 (4pm kick-off). The match will
also see first-team coach Steve Clarke, who left the Blues for Upton Park
last month, return to the club where he spent 20 years as a player, coach
and assistant manager. West Ham will be hoping to improve their recent
record at the Bridge, where they have lost on their last four visits. The
Irons' last win at Chelsea came in September 2002, when a Paolo Di Canio
brace and Jermain Defoe strike helped the East Enders to a 3-2 win. Zola
scored the Blues' second goal after appearing as a second half substitute.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Hammers defender unsure when he will be back - Echo
10:53am Tuesday 7th October 2008

DANNY Gabbidon still has no idea when he will be fit enough to return from a
long-term abdominal injury. West Ham United's Wales international defender
has not played for the first-team since his late mistake led to the Irons'
2-1 Carling Cup quarter-final defeat to Everton last December. Since then,
the 29-year-old has endured a frustrating series of problems with his
stomach, but he is hopeful of finally pulling on an Irons' shirt in the
not-too-distant future. "I am taking it day-by-day, week-by-week," the
2005/06 Hammer of the Year told West Ham's official matchday programme.
"Obviously I won't be happy until I'm back playing but I am pleased with how
things are going for me. "I am not giving any specific targets as to when I
will be back. "It has been tough and I still have a bit to go, but I am
certainly 100 per cent confident of getting back sooner rather than later.
"I am not that far away and the work I am doing has stepped up to where I
can do some running now, so it is nice for me to have new challenges like
this and see the progress being made."
Despite his injury problems, Gabbidon has been a regular visitor to West
Ham's Chadwell Heath training ground, where he has worked closely with the
club's medical staff. And the Cwmbran-born player has also spoken with new
manager Gianfranco Zola over his long-term future at Upton Park. "The boss
and Steve Clarke have both talked to me and know what is going on and where
I am at," added the centre-back. "It's good that they haven't forgotten
about me. They have said I have to continue to be patient. "It's good to
know what they think, as when you have been out injured a long time and a
new manager comes in, he has other things to concentrate on, like the
players who are fit to play every week. "But we have had a chat and it has
made me feel confident and want to work even harder so I can get back and
prove myself to him."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Breaking News: West Ham Owner's Bank is Nationalised - West Ham Till I Die

It was announced this morning that the bank owned by West Ham chairman BG
has been nationalised. I am not an economist and can only guess at what
implications this has for our beloved club. And my guess is that the
implications are far from positive. If anyone knows anything about BG's
financial structures and would like to enlighten the rest of us, please feel
free to leave a comment.

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Behrami loving his family time with the Hammers - Daily Mail
By Sportsmail Reporter
Last updated at 11:13 AM on 07th October 2008

West Ham star Valon Behrami is enjoying life at Upton Park following his
summer switch from Lazio. The Swiss international said: 'It is like a family
here. We work very hard in the same way, that is important for me. 'Every
day I wake up I am happy to go into training.' The Swiss defender has been
called up national team coach Ottmar Hitzfeld to play Latvia before making
visiting Greece.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
HAMMERS TALK: Indian billionaire linked with Irons bid - Echo
10:49am Tuesday 7th October 2008

INDIAN billionaire Anil Ambani is reportedly considering a bid to buy West
Ham United. The 49-year-old communications and energy tycoon arrived in
London at the weekend amid speculation that he could make a £150million
offer for the Hammers. Ambani has previously been linked with offers for
Newcastle United, Everton and Liverpool but has now reportedly set his
sights on a London club. With Tottenham considered over-priced at
£500million, the world's sixth-richest man - with an estimated £20billion
fortune - is understood to be keen on the Irons. With the worldwide
financial crisis causing the collapse of sponsors XL and Sheffield United's
£30million compensation claim hanging over Upton Park, current owner
Icelandic banking billionaire Bjorgolfur Gudmundsson, may be tempted to sell
the club he bought for £85million in November 2006. However, a club source
told our sister paper the Echo that Gudmundsson - whose banks and companies
invested more than £100million in XL - is "committed" to remaining at the
Boleyn Ground. Meanwhile, the Irons are still in discussions with a number
of companies with a view to becoming the club's new shirt sponsor. However,
it is unclear whether a deal will be struck in time for a new logo to be
emblazoned on the Hammers' jerseys for the Premier League trip to in-form
Hull City on October 19.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Hammers Hit By Cash Crisis - The Sun
Published: Today

WEST HAM were plunged into a new financial crisis today after the bank of
owner Bjorgolfur Gudmundsson was put into receivership in Iceland. It was
announced this morning that a government body had dismissed the board of
directors of Landsbanki - the bank with which Gudmundsson made his fortune
as major shareholder and chairman. The likelihood now is that the bank will
be nationalised after Iceland's Financial Supervisory Authority replaced the
board with its own people. Gudmundsson owns around 40 per cent of Landsbanki
with his son and faces losing his personal fortune. The Hammers are
presently fighting off a £30million claim from Sheffield United over the
Carlos Tevez affair and this latest blow could mark the end of the
Gudmundsson era. With several foreign investors already looking at both
Newcastle and Tottenham but being put off by asking prices of up to
£400-£500m, West Ham could become a viable alternative. Gudmundsson was the
main investor in a consortium that took control at Upton Park in November
2006. The £85m buyout also saw him take responsibility for the Hammers'
£22.5m debts. In his turbulent two-year period in control, the club has
parted company with two managers, Alan Pardew and Alan Curbishley, and been
fined a world record £5.5m for misleading the Premier League over Carlos
Tevez's registration, Icelandic biscuit magnate Eggert Magnusson, installed
as chairman at the time of the takeover, sold up his stake and left Upton
Park last year. And within last month an independent tribunal ruled that
West Ham are liable to pay up to £30m compensation to Sheffield United.
The Blades are claiming compensation for being relegated in 2006, claiming
that West Ham should have been deducted points over the Tevez action and
relegated in their place.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
'BIG' billionaire considering Hammers bid? - Echo
10:14am Tuesday 7th October 2008
By Rob Pritchard »

INDIAN billionaire Anil Ambani is reportedly considering a bid to buy West
Ham United. The 49-year-old communications and energy tycoon arrived in
London at the weekend amid speculation that he could make a £150million
offer for the Hammers. Ambani, who hails from Mumbai and has the nickname
"BIG", has previously been linked with offers for Newcastle United, Everton
and Liverpool but has now reportedly set his sights on a London club. With
Tottenham Hotspur considered over-priced at £500million, the world's
sixth-richest man - with an estimated £20billion fortune - is understood to
be keen on the Irons. With the worldwide financial crisis causing Icelandic
bank Landsbanki - of which current owner Icelandic banking billionaire
Bjorgolfur Gudmundsson is chairman - to be nationalised, the collapse of
sponsors XL and Sheffield United's £30million compensation claim hanging
over Upton Park, Gudmundsson may be tempted to sell the club he bought for
£85million in November 2006. However, a club source told the Echo that
Gudmundsson - whose banks and companies invested more than £100million in XL
- is "committed" to remaining at the Boleyn Ground. Meanwhile, the Irons are
still in discussions with a number of companies with a view to becoming the
club's new shirt sponsor. However, it is unclear whether a deal will be
struck in time for a new logo to be emblazoned on the Hammers' jerseys for
the Premier League trip to in-form Hull City on October 19.
Tonight, Alex Dyer's reserve team head for Fulham's Motspur Park training
ground to take on the Cottagers (7pm kick-off). Teenagers Marek Stech,
Junior Stanislas and Freddie Sears - who scored all four goals in last
week's 4-3 win over West Bromwich Albion - will be joined in the starting
line-up by Hungarian striker Balint Bajner, while Benfleet-based left-back
Jordan Brown could also be involved. Defender James Collins, who is
continuing his recovery from a long-term knee ligament injury, is also set
to start. While West Ham have won one and lost the other of their two
Barclays Premier Reserve League matches to sit fifth, Fulham have lost two
and drawn one, leaving them bottom of the nine-team table. Last season's
respective fixture ended in a 1-1 draw. Admission tonight is £3 for adults
and £1 for concessions.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

http://vyperz.blogspot.com

Daily WHUFC News - 7th October 2008

Green keen to make amends - WHUFC
England call-up Robert Green has spoken of his disappointment following the
weekend loss
07.10.2008

Robert Green will be "twice as determined to get things right in two weeks'
time" when West Ham United return to action away to Hull City.

The England goalkeeper took personal responsibility for his part in the 3-1
defeat by Bolton Wanderers on Sunday, despite his outstanding form having
been a key factor in a start to the season that had been going
"fantastically well". His uncharacteristic first-half slip allowed Kevin
Davies to put the visitors on the road to victory and the No1 held up his
hands afterwards.

"It's just disappointing," said the ever-honest Green. "And being
responsible for the start of the downfall really, that's the biggest
disappointment. But it's done. I've made mistakes in the past and I'm sure
I'll probably make a few in the future as well. So I'll just get on and work
hard and put the wrongs right and I'll be twice as determined to get things
right in two weeks' time."

Of the goal itself, Green added: "I slipped, and that's about it. It was a
mistake, a bad mistake. I'll go back to the training ground and work on
catching the ball. It's as simple as that. It's something that happens, it's
an occupational hazard, really, making mistakes. And it was disappointing
because it looked like we were controlling the game and it really changed
the complexion.

"If it had come after winning 5-0 and in the last minute of a game, then
yeah, you try and take it with a pinch of salt," the 27-year-old said. "But
that's football and that's life. And you can only treat the successes you
have and the failures you have with in the same way, and just learn from
them and work on them."

Green rightly has the full support of Zola and said the manager had offered
private words of encouragement, as he had publicly in his post-match press
conference. "That's all he's done so far," he said. "He's been fantastic and
encouraged everyone. The important thing is, especially against a team like
Bolton, you try and help your defence out as much as you can and
unfortunately it back-fired in such a way, but these things happen.

"It's something to learn from, it's something that happens. I'll move on and
concentrate on the game coming up against Hull in a couple of weeks' time."
The reigning Hammer of the Year certainly will not be feeling sorry for
himself, adding: "That's life in football, that's what happens. You get
rewarded enough for dealing with it and you just deal with it and get on
with it."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Reserves to face Fulham - WHUFC
West Ham United reserves travel to west London to play Fulham on Tuesday
night looking for another win
07.10.2008

West Ham United reserves will make the short trip across London on Tuesday
evening to face Fulham.

The team should still be on a high after securing their first win of the
season last week - beating West Bromwich Albion 4-3 in an enthralling
contest. The visitors took the lead three times only for Freddie Sears to
bring the game level on each occasion. The 18-year-old then scored a
last-gasp winner to give his side all three points.

The starting XI could have a slightly more youthful look to it this time
around though. While Jordan Spence is away on England Under-19 duty, the
likes of Marek Stech, Junior Stanislas and Balint Bajner - all youth
internationals in their own right - may well be hoping to get a run-out and
impress the new manager.

West Ham United sit fifth in the Barclays Premier Reserve League with three
points from two games. Their hosts on Tuesday night are bottom of the table,
having drawn one and lost two of their opening three matches.

The match will be held at Fulham's Motspur Park training ground, kick-off
7pm.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Carr looking for a finish - WHUFC
Tony Carr knows his young side can start winning again if they take more of
their chances
07.10.2008

West Ham United Under-18s may have lost 2-0 at Portsmouth on Saturday but
manager Tony Carr said there were many positives to take from the game.

The hosts took the lead in the 65th minute through penalty after Matty Fry
was adjudged to have felled Tom Kilbey in the area. United thought they had
equalised a short while later but Balint Bajner's strike was ruled out for
offside. Portsmouth put the game out of reach with a second five minutes
from time.

Despite the loss, Carr was pleased with his side's efforts, particularly in
the opening 45 minutes. He said: "We played very well in the first half, and
arguably could have been 2-0 up at half-time. There was a great chance from
Balint Bajner who saw his close-range effort saved by the goalkeeper and
Ahmed Abdulla again, from quite close range, lofted the ball over the bar
when if he had hit the target he would have scored.

"It seems that is how it is going for us at the moment - up front we are
creating lots but not finishing our chances and then getting punished at the
other end. We did the same against Birmingham and Arsenal in the other
recent games."

Carr is convinced they will start to get the rub of the green soon. "We just
need something to go our way, to set us on our way, a goal that goes in off
the back of someone's heel or whatever, just a bit of luck to turn the
corner and I am sure we can improve our performances and results as the
weeks go on," he said.

"We are not pulling it together for the full 90 minutes at the moment, but
we go into the next two games, against Crystal Palace and Chelsea, hoping
that we can report that we have improved and got another few points on the
board," he added.

Several of Carr's original Under-18 squad have made the step up to the
senior level this season. The likes of Freddie Sears, Junior Stanislas,
Jordan Spence and Marek Stech have progressed to be in and around the
first-team but the academy director is still more than happy with the
players he has at his disposal. He believed some small changes would make a
big difference. "It is nothing to do with fitness just things like people
having an extra touch on the ball, when all it needs is one or two touches,
not three.

"In other games, if we had scored from the chances we had been creating, we
would probably be sitting more to the top of the table. As it is, we are not
at the moment, but as I have said many times, parts of the performance in
these games have been very good, but then other parts in the second half
haven't been. We have conceded from set-plays and perhaps lost a bit of
concentration and have a little lack of confidence.

"After what has been a promising start, we are seeing the other side of the
game. After a defeat everyone is a little bit low and it is my job to lift
the spirits and disappointment.

"There is a lot we can improve on the training pitch and other things like
confidence will come when we get a goal in front again and get a win under
our belts. We are going back to the real basics, setting our stall out to
make sure we are organised, are concentrating, never turn our back on the
ball, always have our eye on what is going on and we keep the performance
going and the chances going for the whole 90 minutes."

Carr concluded: "The last victory we had - against Aston Villa, was a
terrific performance from everyone who played that day, so I know what the
players can do and so do they. Freddie took a lot of credit that day, but
the other ten players played a huge part in that performance.

West Ham United: Street, O'Neill, Brown, N'Gala, Fry, Grasser (Kearns 70),
Barrett (McNaughton 73), Lee, Abdulla (Montano 66), Edgar, Bajner.
Subs not used: Loveday, Okus

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Green up for the fight - SSN
Hammers star knows he must step up
Last updated: 6th October 2008

Robert Green knows he will need to be on "top form" to become England's No.1
- but the West Ham goalkeeper has no intention of dwelling on his howler
against Bolton. Green was named in the England squad for the forthcoming
World Cup qualifiers against Kazakhstan and Belarus despite gifting Kevin
Davies the opening goal in West Ham's 3-1 defeat to Bolton. Green has only
one full cap, against Colombia during the 2005 tour of the United States,
after his World Cup dreams of two years ago were shattered when he suffered
a ruptured groin while taking a goal-kick during the England B international
against Belarus at the Madejski Stadium. Green faces a fight with David
James and Scott Carson to become England's No.1 and the former Norwich
keeper accepts he needs to be more consistent if he is to become a regular
in the England side. "I want to play and I want to be involved, but you need
to be on top form," said Green. "However, these things happen in life. It is
gone and it will give me something to work on while I am away with England."
West Ham boss Gianfranco Zola backed Green in the aftermath of the defeat to
Bolton and Green is determined not to let the mistake affect him. "It was a
bad mistake and I will do some extra work on the training ground and
practice catching - it is as simple as that," added Green. "It is something
that happens, and for keepers it is an occupational hazard, making mistakes.
"We were disappointed because we were controlling the game then and [the
goal] really changed the complexion of the game. "If that happens in the
last minutes of game when you are winning 5-0, then you take it with a pinch
of salt - but that is football and that is life. "You treat the successes
and failures that you have in the same way. You just have to learn from them
and work on them."
Green added: "I have made mistakes in the past and I am sure I will make a
few in the future, so I will get on and work hard and put the wrongs right.
"I will be twice as determined to get things right come the next game in two
weeks' time."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Robert Green determined to atone for recent slips - The Times
Gary Jacob

Robert Green has waited so long for an opportunity to shine with England but
he has been shielding his eyes in embarrassment of late. Overlooked when
playing well during the past 18 months, his presence in the national squad
comes at a time when the West Ham United goalkeeper has made a series of
gaffes.

Green dropped a cross to hand Kevin Davies the opening goal in the 3-1 home
defeat by Bolton Wanderers on Sunday and gave away a penalty during the 3-2
defeat away to West Bromwich Albion last month.

The 28-year-old has never hidden his disappointment at having only one
international cap, which came more than three years ago in a friendly
against Colombia. He once had "England's No 6" stitched onto his gloves,
mocking his position in the goalkeeping pecking order, and has claimed that
he does not watch England when not named in the party. Such honesty might,
in other situations, have been regarded as commendable, but could irritate
the England management.

Green was recalled for the World Cup qualifying fixtures against Andorra and
Croatia last month and is the understudy to David James for the matches
against Kazakhstan on Saturday and Belarus four days later. "I want to play
and I want to be involved," Green said. "The squad is picked on form, but
these things [mistakes] happen in life. It's something to be worked on while
I'm away with England.

"It's an occupational hazard, making mistakes. I'll be twice as determined
to get things right. You get rewarded enough for good saves, so you have to
deal with this."

Green has never lacked confidence, but it cannot help him that West Ham have
failed to keep a clean sheet in 19 league matches, during which he has
conceded 40 goals. "Being responsible for the start of the downfall [the
first league defeat under Gianfranco Zola, the new manager] is the biggest
disappointment," he said. "I'll go back to the training ground and work on
catching. If it had come after winning 5-0 and in the last minute, then you
try and take it with a pinch of salt."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Italian managers keep faith in Green after 'occupational hazard' costs
Hammers dear - Daily Mail
By Simon Cass Last updated at 12:11 AM on 07th October 2008

Luckily for West Ham goalkeeper Robert Green, he has two sympathetic
Italians in his life - with England coach Fabio Capello evidently just as
forgiving as Gianfranco Zola. West Ham manager Zola refused to blame Green
for presenting Bolton with three points on Sunday, while Capello chose to
keep him in the squad for England's World Cup qualifiers against Kazakhstan
and Belarus. 'It was a mistake, a bad mistake,' conceded Green in reference
to dropping Ricardo Gardner's innocuous cross at the feet of Kevin Davies.
He also allowed Gary Cahill a 'gimme'. 'I'll go back to the training ground
and work on catching the ball. It's that simple,' said Green.
'It's an occupational hazard, really, making mistakes. And it was
disappointing because it looked like we were controlling things and it
changed the complexion of the game.
'You try to help your defence out as much as you can and unfortunately it
backfired. But that's football and that's life. You can only treat the
successes you have and the failures you have in the same way.' Green was
backed by England's goalkeeping coach Ray Clemence. He said: 'Robert has
been playing well all season. Unfortunately, he made a couple of errors but
that happens to goalkeepers. You have to remember you are a quality keeper
and carry on.'

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Reserves Face West Ham - FulhamFC.com
Tuesday 7th October 2008

Billy McKinlay's Reserve Team will be looking to secure their first win of
the season on Tuesday evening as they take on West Ham United at Motspur
Park.

Last Wednesday night the Development Squad travelled to the Britannia
Stadium to face Stoke City, where they gained their first point of the
season with a battling performance in an entertaining 2-2 draw.

Recent reserve encounters between Fulham and West Ham have proved highly
entertaining with the pick of the bunch a 4-1 Fulham win at Craven Cottage
back in November 2006. Following our Reserve League double over the Hammers
in 2006/07 it was the Eastenders' turn to have the better of things last
season, winning 2-0 at Bishops Stortford whilst the game here at Motspur
Park finished 1-1.

The Hammers opened this season's fixtures with a 2-0 reverse at Chelsea, but
gained their first points of the season by taking all three in a seven-goal
thriller against West Bromwich Albion last week. The game saw the return of
Welsh international James Collins and Jack Collison from injury, but the
headlines were stolen by hot prospect Freddie Sears who bagged all four
goals in a 4-3 win.

Sears made a scoring debut for the first team last season when he netted
minutes after coming on as substitute against Blackburn and in all, his goal
tally was 25 from 24 games at reserve and youth team level. Also featuring
in the Hammers team against Albion was defender Walter Lopez, the Uruguayan
international who joined the club last month. Lopez can play in defence or
midfield.

Another West Ham summer signing was that of former Czech Republic U21
international Jan Lastuvka who is on loan from Ukrainian club Shaktar
Donetsk. Jan will be a familiar name to Fulham fans following his
season-long loan at Craven Cottage in 2006/07 when he featured in eight
Premier League games for the Whites. The man between the posts for the
Albion game however was Marek Stech.

Match Details:
Kick-Off: 7pm
Location: Motspur Park
|Ticket Prices: £3 adults, £1 concessions

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
West Ham may soon not be the only club where bubbles burst - Guardian
The current indebtedness of England's leading football clubs ought to be
filling everyone involved with profound unease

It's about a dozen years since I sat on the desk of a financial journalist
and refused to move until he'd explained what hedge funds did and how short
selling worked. So when spread betting caught on, the inherent danger was
clear: if you're putting your money on someone losing, all sorts of
opportunities for dirty tricks open up. And in the end, as we've seen on a
much grander scale in the last couple of weeks, little good can come of
betting on failure.

Sport doesn't always mimic the workings of the wider world, but sometimes
the parallels can't be escaped. So yesterday I persuaded our economics
editor to break off from discussing the plight of Tottenham Hotspur to tell
me how and why the Chinese government came to own such a large proportion of
the United States' national debt that they could, if they were feeling
mischievous, wipe out that country's economy with a stroke of the pen. The
point of this, since you ask, is that the current indebtedness of England's
leading football clubs ought to be filling everyone involved with profound
unease.

Reduced to its essentials, the answer was that the US made itself vulnerable
by spending more on imports than it earned from exports, thanks to the
erosion of its industrial base following the end of protectionism and the
derestriction of capital controls. A similar self-indulgence can be seen in
the English clubs' willingness - also in the wake of deregulation - to
imperil their financial stability by paying transfer fees and running up
wage bills amounting to an unhealthy percentage of their turnover, while
also needing to spend money on upgrading their facilities.

In that state, the only recourse is to outside capital: foreigners buying
treasury bonds in the case of the US economy, foreign ownership of the clubs
in the case of the Premier League. So now virtually every club that is not
already foreign-owned is dreaming of the arrival of billionaires from
abroad, with Spurs, Newcastle United and Everton leading the queue.

But already the danger signs are turning from amber to red. The price of oil
has fallen sharply in the current crisis, along with that of steel and other
minerals; none is likely to recover soon. Football, a direct beneficiary of
those industries' prosperity, will find that the investors of the Persian
Gulf, China and Russia are no longer wandering around with open chequebooks.

Liverpool's American businessmen have put the plans for a new stadium on
hold, and the American Insurance Group, whose initials adorn Manchester
United's strip, have just become the beneficiaries of the largest government
bailout ever awarded to a private company. West Ham United actually lost
their shirt sponsor as a consequence of last month's collapse of the XL
leisure company, in which the Icelandic businessman Bjorgolfur Gudmundsson,
who owns a majority of the club's shares, had an interest. This week
Iceland's banks have gone into meltdown, which may be much worse news for
Upton Park than the team's failure to get a point from a home match against
Bolton at the weekend.

The swirling financial currents are even threatening to cause disruption in
the Championship, supposedly a repository of the values of "real football".
Until the sovereign wealth of Abu Dhabi descended upon Manchester City, the
combined funds of Lakshmi Mittal, Bernie Ecclestone and Flavio Briatore
enabled Queens Park Rangers to describe themselves as Britain's richest
club. The value of Mittal's family holdings in steel, however, dropped from
£33bn in June to £16bn this week. That still makes him as rich as Roman
Abramovich, but possibly more inclined to watch the pennies for a while.

In the short term, football's only reliable source of major revenue is
likely to be television. The networks need the audience the game delivers
and will pay handsomely to secure the supply line. But if broadcasting
rights brought in enough money to keep the clubs in the style to which they
have become accustomed, the likes of Mike Ashley and Bill Kenwright would
not be lifting their skirts to investors. At Reading, John Madejski failed
to find a buyer last year and saw the club relegated.

Football, our economics editor concluded, is the one bubble that has yet to
burst. It may be a while before the Rooneys and the Lampards need to
downsize, but for the fans of those clubs who yearn to join the big four but
have not quite managed it so far, the frustration is likely to get worse.

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Star still waiting over permanent deal - lep.co.uk
Published Date: 07 October 2008

Carlos Tevez is determined to stay at Manchester United - even though the
former West Ham United star's loan contract at Old Trafford has not yet been
made permanent. The Sun newspaper reports Tevez fears his Manchester United
future is in doubt because he has still not been offered a deal despite
assurances from the club. Tevez has been on the bench in three of the last
four games and was also angry the vacant No 9 shirt was saved for Dimitar
Berbatov rather than given to him this season. United secured the hitman,
24, on an initial two-year loan at the start of last term after his
controversial spell at West Ham. In July, United chief executive David Gill
said: "The only issue is a long-term contract. It is not a problem." But
last month manager Sir Alex Ferguson said: "As I understand, a permanent
deal will happen at the end of the season." Tevez said: "Ever since I came
I've wanted a permanent contract. I would sign it without doubt."

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England coach Clemence backing West Ham's Green
07.10.08 | tribalfootball.com

England goalkeeper coach Ray Clemence has given his backing to West Ham No1
Robert Green after his disappointing performance against Bolton Wanderers on
Sunday. Clemence said: "Robert Green has been playing well all season.
Unfortunately he made a couple of errors but that happens to goalkeepers.
"You have got to have broad shoulders. You have got to remember you are a
quality goalkeeper and carry on."

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Bolton's Davies has sympathy for West Ham keeper Green
07.10.08 | tribalfootball.com

Bolton Wanderers striker Kevin Davies feels for West Ham goalkeeper Robert
Green after his gaffe gifted the Trotters their opener on Sunday. "It is
unfortunate for him, he just dropped it and the ball fell nicely for me,"
said Davies. "I think the defender thought he was going to get there, but I
just nipped in and knocked the ball into the net. "It was a bit of luck but
we have not had too much of that recently so I suppose we were due." The
striker added: "We have not managed to get in front for a while either and
that takes the pressure off. "It was a great away performance from us and I
am obviously made up with another goal."

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West Ham keeper Green: I didn't want to cause Zola downfall
07.10.08 | tribalfootball.com

West Ham United goalkeeper Robert Green admits the worst thing to come from
his error-prone display against Bolton was that it ended manager Gianfranco
Zola's unbeaten run since taking over. "Being responsible for the start of
the downfall [the first league defeat under Zola] is the biggest
disappointment," he said. "I'll go back to the training ground and work on
catching. If it had come after winning 5-0 and in the last minute, then you
try and take it with a pinch of salt."

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