Tuesday, January 19

Daily WHUFC News - II 19th January 2010

Sullivan: Champions League in seven years
KUMB.com
Filed: Tuesday, 19th January 2010
By: Staff Writer

New joint Chairman David Sullivan has been speaking about his plans for West
Ham United FC. The new owner - who ended months of wrangling and speculation
when he finally purchased 50% of the club late on Monday evening - revealed
that he has a seven year business plan for the club that includes
qualification for the Champions League within seven years. Sullivan,
speaking to Sky Sports this morning about the takeover, said: "We've got the
club we always wanted. We've bought 50%; I bought it and David Gold came in
very quickly. I have been negotiating for the last two months and it went on
until midnight last night. "It's nice to see we beat off two foreign buyers
and bought it for Britain; it's nice to have an East End club owned by local
people. It's where we were brought up and we're deeply and passionately
involved with West Ham which is where we've always wanted to be. "But from a
business point of view, it's a serious mess - which we have to spell out to
people."
Sullivan also revealed a string of plans for the club - which include
ressurrecting the move to Stratford's Olympic Stadium, something that is
bound to upset supporters keen to retain links with the Boleyn Ground, West
Ham's home for the last 105 years.. "I hope the Government allow us to move
to the Olympic Stadium," he said. "I hope all the people of London would
support that move."We have a long term plan to be in the Champions League -
although our short term plan is survival," he admitted. "But these are
exciting times."

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Zola safe, says Sullivan
KUMB.com
Filed: Tuesday, 19th January 2010
By: Staff Writer

Gianfranco Zola has been told that his job is safe following the club's
change of ownership. David Sullivan and David Gold completed their takeover
of the club late last night amidst a string of rumours regarding Zola's
future. However the former Birmingham City owners confirmed this morning
that Zola wuld be going nowhere. "The manager will be staying," Sullivan
told Sky Sports this morning. "I will be sitting down with him tonight to
work on some transfer targets. We as outsiders have realised that he needs
new additions to stay in the Premier League. "At Birmingham we sacked two
managers in sixteen-and-a-half years - we believe in stability. If you
change managers too often it doesn't achieve too much." Sullivan is expected
to give Zola a January warchest of around £10-20million to spent on new
players.

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David Sullivan targets the Champions League after completing £105m West Ham
takeover with David Gold
By Sportsmail Reporter
Last updated at 9:26 AM on 19th January 2010
Daily Mail

David Sullivan has vowed to save West Ham from oblivion after completing his
£105million takeover with David Gold. The protracted West Ham ownership saga
was concluded on Monday night after former Birmingham owners Sullivan and
Gold finally pushed through their takeover. Sullivan, who has appointed
Karren Brady as vice-chairman, insists they are ready to invest in the
Hammers and bring the good times back to the Premier League strugglers.
'We're taking on a huge task at a club with enormous problems and it will
take time for us to turn it around,' Sullivan told BBC Radio 5 Live. 'We
have short-term goals and long-term goals. In the short term, we want to
stay in the Premier League and in the long term we would like to be
challenging for the top four and Champions League football. 'There will be
some transfer funds available to the manager this month. January is not the
best time to buy players - you don't get many bargains in January - but the
club has such an unbalanced squad, players will have to be bought, loaned or
acquired. 'Myself and my partner David Gold will be honest with the fans
about the books, the imbalance of the squad and the crazy wages the
Icelandic owners paid out that has brought the club to its knees. But this
is an important day for us. For 20 years, this is the club we wanted.'
The pair have sealed a deal worth £105m for 50 per cent of the club and will
take on their debts. Manager Gianfranco Zola will be given a chance to prove
himself to the former Birmingham City owners, who have promised to invest in
the squad before the end of the month. Strengthening West Ham's threadbare
attack is the priority and money is available immediately to fund moves for
Manchester City's Benjani and Monaco's Eidur Gudjohnsen. Sullivan and Gold
will also push ahead with plans to relocate from Upton Park to the Olympic
Stadium after the London Games in 2012. Key to the relocation plans is the
appointment of Brady (right) as vice-chairman. Sullivan will assume the role
of chairman and Gold is expected to take a seat on the board.
The deal was struck late on Monday night after a day of tense negotiations.
Malaysian businessman Tony Fernades is understood to have run Sullivan and
Gold the closest, although the InterMarket consortium also spent the day in
talks with West Ham's corporate brokers Rothschild. Click here to read
Martin Samuel's exclusive Sportsmail interview with Karren BradyFernandes
posted a Twitter message, saying:: 'Deal lost on West Ham. Hopefully new
owners protect what's good. We gave awesome deal and new ideas to rejuvenate
a club andbring excitement.'
Sullivan and Gold appear to have been the most serious bidders all the way
through the complex process and were the first to put hard cash on the
table. The news that his job is safe will come as a major relief to Zola, as
former Manchester City manager Mark Hughes had been hotly tipped as the man
the new owners wanted to revive West Ham's fortunes. Such was the level of
speculation about Zola's future on Monday that bookmakers stopped taking
bets on him becoming the next Barclays Premier League manager to lose his
job. But now the uncertainty has been resolved, Zola has an opportunity to
concentrate on ensuring West Ham's Premier League status. They are currently
in 16th place.

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DAVID GOLD AND DAVID SULLIVAN COMPLETE WEST HAM TAKEOVER
Daily Express
Tuesday January 19,2010
By Mauro Galluzzo for Express.co.uk Have your say(0)

DAVID Gold and David Sullivan have completed their takeover of West Ham.
Sullivan and Gold, who sold Birmingham City to Carson Yeung earlier this
season, are expected to hold a press conference later today to confirm their
purchase of the cash strapped West Ham. They have beaten off competition
from fellow Hammers fan Tony Fernandez, investment group Intermarket and
Italian businessman Massimo Cellino to win control at Upton Park. Sullivan
said: "I have been interested in running West Ham United for 20 years and I
can't wait to start work. "I enjoyed running Birmingham City for 16-and-half
years, but everyone there knew my true love was always West Ham United. "It
will be an immense privilege to lead this great football club and more
importantly its supporters. "Our first priority has to be securing the
Premier League status of West Ham. I believe the players at this club have
shown great commitment in trying circumstances and the new board and I will
get behind them in every way we can. "We will also look to bring in new
players to supplement the squad where needed once we have met with the
manager."
Sullivan and Gold will take a 50 per cent stake, and provide money to spend
on bringing in new players this month. The debts of the club would then be
serviced at to an agreed structure, and the Hammers would finally find some
stability after two years of turmoil. Sullivan added: "Our long-term aim
will be to put the club on a stronger financial footing. I believe with our
new board we have the expertise and experience to do just that and bring the
good times back to this great football club. "West Ham United need stability
after all the recent upheavals. We appointed four managers and parted
company with two at Birmingham in 16 years. We believe in our managers and
give them the time and support they need. "The club is now back in the hands
of East Enders, people who understand the community and its passion for the
Hammers. I believe that depth of feeling will also bring us through what has
been a difficult period."
Their arrival will also come as welcome news to Zola and his assistant Steve
Clarke, who have been forced to operate on a shoe-string budget and have
also seen others linked with taking over their jobs. Sullivan said: "He is
staying, and I will be sitting down with him tonight to work on some
transfers as we realise as fans that the team needs a few additions."
Karren Brady, who was managing director at Birmingham, will become
vice-chairman at Upton Park.

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http://vyperz.blogspot.com

Daily WHUFC News - Takeover Confirmed

West Ham United statement
WHUFC.com
The club are delighted to confirm that David Sullivan is the new owner of
West Ham United
19.01.2010

David Sullivan has acquired 50 per cent of West Ham United and with
immediate effect will have operational and commercial control of the
football club. The deal, which was concluded late last night, values the
club at £105 million. Mr Sullivan, a lifelong West Ham fan was brought up in
Hornchurch and studied economics at Queen Mary College, Mile End. He said:
"I have been interested in running West Ham United for 20 years and I can't
wait to start work. "I enjoyed running Birmingham City for 16-and-half
years, but everyone there knew my true love was always West Ham United. "It
will be an immense privilege to lead this great football club and more
importantly its supporters. "Our first priority has to be securing the
Premier League status of West Ham. I believe the players at this club have
shown great commitment in trying circumstances and the new board and I will
get behind them in every way we can. "We will also look to bring in new
players to supplement the squad where needed once we have met with the
manager."

David Gold, Mr Sullivan's long-time partner at Birmingham City, will join
the club as joint chairman and their former colleague Karren Brady, will be
appointed vice chairman.
Mr Sullivan added: "I would like to thank former executive chairman Andrew
Bernhardt and CB Holding who assumed control of the club in difficult
circumstances through no fault of their own. "Our long-term aim will be to
put the club on a stronger financial footing. I believe with our new board
we have the expertise and experience to do just that and bring the good
times back to this great football club. "West Ham United need stability
after all the recent upheavals. We appointed four managers and parted
company with two at Birmingham in 16 years. We believe in our managers and
give them the time and support they need. "The club is now back in the hands
of East Enders, people who understand the community and its passion for the
Hammers. I believe that depth of feeling will also bring us through what has
been a difficult period."

Mr Sullivan will hold a media conference at the Boleyn Ground, Upton Park
from 12.30pm today. Accredited media representatives are invited.

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David Gold and David Sullivan seal West Ham takeover
By Simon Austin
BBC.co.uk

Former Birmingham City owners David Gold and David Sullivan have taken
control of West Ham with a 50% shareholding, BBC Sport understands. An
announcement is expected at 0900 GMT following the takeover from CB Holding.
The club is valued at £105m and their stake in it will give the duo the
final say on all club matters. Lotus F1 chief Tony Fernandes pulled out of
the race on Monday night, while finance firm Intermarket and Italian Massimo
Cellino were also interested. The deal concludes a long-running saga over
who will succeed CB Holdings, which has indicated the club is £38m in debt,
as owners of West Ham. Gold and Sullivan, who left Birmingham City in
November following Hong Kong businessman Carson Yeung's takeover, have been
determined suitors of the Hammers for several months. They once held shares
in the club and boast the liquid assets required to deal with the club debt.
The main shareholder in CB Holding is Icelandic bank Straumur, which has
previously said it was in no hurry to sell the club, although that was
before the various bidders became known.
At one stage Fernandes was seen as the favourite to take over but admitted
defeat on Monday evening when he told his Twitter feed: "Deal lost on West
Ham. Hopefully new owners protect what's good. We gave awesome deal and new
ideas to rejuvenate a club and bring excitement."
West Ham have effectively suspended any activity in the January transfer
window until the takeover situation is resolved. And 5 Live's senior
football reporter Ian Dennis said: "This will be a relief, not only to the
supporters but also to manager Gianfranco Zola, so that they can now
concentrate on on-the-field matters. "My understanding is that they don't
have to sell in the transfer window. There have been rumours about Scott
Parker maybe moving on but I don't think there will be any departures from
Upton Park."
It was reported that the future of Hammers boss Zola would hinge on which
bid won and he had acknowledged on Sunday the situation was frustrating.
These players, this team, they deserve to be helped. Stability for the club
would be massive," he stated after a 0-0 draw at Aston Villa on Sunday
lifted his side out of the Premier League relegation zone.
"Right now we can't do anything we just have to wait for something to happen
with the club. Once we know where the club is going, then we have a chance."

Former Chelsea favourite Zola, and assistant Steve Clarke, took the
managerial reins at West Ham in September 2008 after Alan Curbishley's
departure. The pair guided West Ham to ninth in the table after a sticky
start. West Ham are currently 16th in a season that has been plagued by
injuries and off-the-field distractions. "I know I can do this job but you
always have to prove yourself every day," said Zola on Friday. "I am not
going to go to anyone and say 'look, I am doing well'. The results do the
talking. If what I am doing is not good enough on the pitch it is right they
change."

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Duo seal Hammers takeover
Gold and Sullivan close to buying West Ham
Last updated: 19th January 2010
SSN

Sky Sports News understands that David Gold and David Sullivan have
completed their takeover of West Ham United. The former Birmingham City
co-owners have pieced together a package that valued the Upton Park side at
£105million. Sullivan has taken control of 50 per cent of the club, although
West Ham are yet to confirm the news officially.
Karren Brady, who worked with the duo at St Andrews, is expected to be named
vice-chairman once details of the deal are revealed. Tony Fernandes, who was
one of four parties looking to buy the club, conceded defeat in his chase
for the Premier League side. The Malaysian businessman revealed on his
Twitter feed: "Deal lost on West Ham. Hopefully new owners protect what's
good. "We gave awesome deal and new ideas to rejuvenate a club and bring
excitement."

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GIANFRANCO ZOLA'S JOB SAFE AT WEST HAM AS DAVID GOLD AND DAVID SULLIVAN TAKE
OVER
Daily Star
19th January 2010 By Duncan Wright

DAVID Gold and David Sullivan have completed their takeover of West Ham -
and will assure Gianfranco Zola his job is safe. The former Birmingham
owners will hold a press conference today to confirm their purchase of the
cash strapped Hammers. They have beaten off competition from fellow Hammers
fan Tony Fernandez, investment group Intermarket and Italian businessman
Massimo Cellino to win control at Upton Park. Icelandic bank Straumer was
expected to accept a £46m offer. Sullivan and Gold will take a 50 per cent
stake, and provide money to spend on bringing in new players this month.
The debts of the club would then be serviced at to an agreed structure, and
the Hammers would finally find some stability after two years of turmoil.
Their arrival will also come as welcome news to Zola and his assistant Steve
Clarke, who have been forced to operate on a shoe-string budget and have
also seen others linked with taking over their jobs.

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Gianfranco Zola's Job Safe As David Gold & David Sullivan Complete £105m
Takeover Of West Ham United - Report
Hammers future secure...
Jan 19, 2010 6:10:00 AM
Goal.com

David Gold and David Sullivan have put an end to the West Ham United
takeover saga by completing a £105 million deal, according to the Daily
Mail. It is claimed that the aforementioned sum has fetched a 50 per cent
stake in the club, while the duo will now take on the club's debts. The
former Birmingham City owners - who have the reputation of giving managers
fair chance to prove their mettle - will reportedly give Gianfranco Zola
enough time and financial back-up to prove that he is worthy of the Upton
Park hotseat. It is said that the primary objective during the current
transfer window will be to bolster the attacking third of the pitch with
bids for Manchester City hitman Benjani and Monaco's Eidur Gudjohnsen. It is
expected that the majority stake holders will also go ahead with the plan to
move out of Upton Park to the Olympic Stadium following the London Games in
2012. The key to the relocation scheme is said to be the appointment of
former Brum managing director Karren Brady, who was the first woman to
occupy such a position in the English top-flight. It is said that Malaysian
business tycoon Tony Fernades gave Gold and Sullivan a run for their money,
while the Intermarket group are also believed to have held talks with the
club's brokers Rothschild. West Ham are currently placed 16th in the Premier
League standings.

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Premier League - Gold and Sullivan take over West Ham
Eurosport - Tue, 19 Jan 08:31:00 2010

David Gold and David Sullivan have taken over West Ham in a deal valuing the
club at £105 million, according to reports. ..The deal was completed late on
Monday night with the BBC reporting that the former Birmingham City owners
have taken a 50 per cent share in the club. Much of their stake comes in the
form of taking on a share of West Ham's debts, thought to be around £70
million. The duo will reportedly bring a transfer kitty of around £8m for
manager Gianfranco Zola to use in January, while they will also bring former
Birmingham chief executive Karren Brady in as the club's vice-chairman. Gold
and Sullivan have been actively pursuing the Hammers deal since completing
the sale of Birmingham to Carson Yeung in November. Their main competition
for a deal came from Lotus F1 chief Tony Fernandes, who revealed on his
Twitter page on Monday night that he had pulled out of the race.

Toby Keel / Eurosport

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Gold n Brady in Hammers Deal
The Sun
By ROB BEASLEY
Published: Today

DAVID GOLD, David Sullivan and Karren Brady were celebrating last night
after closing in on their West Ham dream. The former Birmingham City
supremos look certain to win their long, drawn-out struggle for the
cash-strapped East End club. All that stood in the way last night were legal
formalities - but once the i's are dotted and the t's crossed on contracts
this morning, West Ham is theirs. The trio have doggedly fought off rival
bids from Malaysian millionaire Tony Fernandes, Italian Massimo Cellino and
US firm Intermarket. Gold and Sullivan, both West Ham fans, are expected to
be unveiled as the new owners this lunchtime. Straight after the big
announcement they will go into a board meeting to formally begin their reign
at the Boleyn Ground. One of their first moves will be to formally appoint
Sun columnist Brady as their vice-chairman. Brady is Sir Alan Sugar's new
advisor on BBC TV's The Apprentice, whose catchphrase is 'You're Fired'. The
new Then they'll quickly turn to helping beleaguered boss Gianfranco Zola by
giving him the green light to sign players in a bid to avoid the threat of
relegation. But undoubtedly their top, long-term priority will be dealing
with the mountain of debt they will inherit as part of the purchase of the
club from out-going owners, Straumur. Some insiders fear West Ham owe close
to £100m and that huge sum would test even the business acumen of Gold and
Sullivan. As exclsuively revealed in The Sun, Gold and Sullivan are
commiting around £46m for half of the club, with current owners Straumur
keeping the other 50 per cent. But they will have total control to run the
club as they see fit, with no intereference from the Icelandic bankers.
Sources close to the pair say they will be quick to explain just how severe
the club's problems are and how tough a task it will be to put things right.
One pal said: "In one way it's a victory because they seem to have won the
day and clinched the deal amid stiff competition. "But there is also a
realisation of the daunting task ahead and just what a challenge they face
now that they are finally in control." There will inevitably be changes.
Manager Zola and coach Steve Clarke appear safe for now. But chief executive
Scott Duxbury, technical director Gianluca Nani and financial director Nick
Igoe will not be so lucky.

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http://vyperz.blogspot.com

Daily WHUFC News - 19th January 2010 Takeover Update

A Golden era
KUMB.com
Filed: Tuesday, 19th January 2010
By: Staff Writer

David Gold & David Sullivan are expected to be confirmed as the new joint
owners of West Ham United, finally ending months of speculation. Reports
tonight suggests that the deal is on the verge of being rubber-stamped with
a formal statement set to confirm the change of ownership to follow later
this morning (Tuesday) - although the Intermarket-led consortium still claim
to be in the running. Although details of the deal remain sketchy at present
it is thought that Gold & Sullivan would, as previously reported, take a
majority 51% stake in the club, leaving CB Holding with the remaining 49% -
a situation that has not exactly been welcomed by supporters desperate to
see the end of the Icelandic influence that briefly threatened the club's
very existence. However with the former Birmingham City owners holding the
majority share they would have full control of the club and it's finances -
and hopefully a January transfer budget for Gianfranco Zola with which to
boost his under-strength squad. Zola, who has become increasingly
disillusioned with life at the club in recent months is set to remain as the
club's manager under Gold & Sullivan - despite earlier reports to the
contrary. The Italian is thought to have preferred Malaysian businessman
Tony Fernandes' bid - the pair met on several occasions in recent weeks -
but will also be relieved that former colleague Massimo Cellino failed with
his eleventh-hour offer. Zola would almost have certainly left the club had
Cellino won the day. Current CEO Scott Duxbury, who has held the fort almost
single-handedly as West Ham lurched from one disaster to another in recent
months is set to be replaced by Karren Brady, who worked alongside Gold &
Sullivan at Birmingham for several years. It is unknown at this stage
whether Duxbury would be handed another post by the new owners or simply
dismissed. Nick Igoe, the club's long-standing Finance Director is also
thought to be under threat, as is Gianluca Nani - whilst current
non-executive Chairman Andrew Bernhardt is likely to remain on the club's
board in some capacity.

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Fernandes confirms withdrawal
KUMB.com
Filed: Monday, 18th January 2010
By: Staff Writer

Tony Fernandes has confirmed that he is out of the running to buy West Ham.
Fernandes, speaking via his Twitter page tonight - conceded defeat following
days of negotiations, as revealed exclusively here on KUMB.com yesterday
morning. "Deal lost on West Ham," read his latest post, published at 11:40pm
on Monday evening. "Hopefully new owners protect what's good. We gave
awesome deal and new ideas to rejuvenate a club and bring excitement."

News of Fernandes' withdrawal leaves David Gold & David Sullivan as clear
favourites to win the race; they are expected to be confirmed as winners
shortly. Even still, Intermarket representative David Byrne remained bullish
about his consortium's chances when speaking to Sky Sports tonight. When
asked about Intermarket's apparently diminishing chances, Byrne reiterated
that he believed his group remained the "preferred bidder" - although most
reports emerging tonight suggest otherwise. Meanwhile an unnamed spokesman
for Gold & Sullivan sought to calm fears of the rumoured imminent departure
of Gianfranco Zola should they win through, as expected. Speculation earlier
in the day had suggested that should the former Birmingham City owners
complete the deal Zola would be immediately replaced by former Manchester
City boss Mark Hughes.
Not so, according to the 'insider' who said: "They would look upon Zola as a
totally unproven manager, but would want to give him some time to show them
what he can do or can't do. "Remember they sacked only two managers in 17
years at Birmingham."

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Bumper year for Brady
KUMB.com
Filed: Tuesday, 19th January 2010
By: Staff Writer

Karren Brady is set to be confirmed as West Ham United's new Chairman,
according to reports - just months after landing a £1million severance
package from her new employers. 40-year-old Brady, who spent 16 years at
Birmingham City received a severance package worth in excess of seven
figures from David Gold and David Sullivan when parting company with the
Blues last October. According to the Mirror, Brady received a year's salary
worth £179,372, a one-off bonus of £520,000 plus a bonus of £260,00 due to
Birmingham's participation in the Premier League this season.
Additionally she was given 'use of an executive box for 12 months including
cost of all food,drink and parking', 'two tickets in the directors' box for
each Birmingham away fixture for six months plus parking', 'use of a mobile
telephone at Birmingham City's cost for a period of 12 months' plus 'private
health insurance for herself and family'.
Should Brady - who is due to line up alongside Alan Sugar as his sidekick in
the new series of TV show the Apprentice - be confirmed as a new appointment
tomorrow, just three months after leaving the Midlands club, she can expect
to pick up a salary in excess of that which she earned at Birmingham - plus
a number of perks similar to those which she had previously enjoyed. The
mother-of-two also writes a column for the Sun, although it is unknown at
this stage whether she would continue that should she land the Hammers role,
as expected. It is a medium through which she has often been critical of
West Ham in the past; as recently as October 2009 Brady referred to Hammers
fans as 'disgraceful' for their part in the crowd disturbances that briefly
interrupted the Carling Cup clash with Millwall earlier this season. Three
years ago, when Birmingham sold Matthew Upson to West Ham for £6million
Brady said that she felt she had been 'mugged' by the Hammers, whilst adding
a stinging rebuke of the current Hammers club captain.
Writing in her column on 2nd February 2007, Brady, who referred to Upson as
'the hangdog player', added that West Ham 'aren't top four material or
anything like it', continuing 'I wish Matthew well at Upton Park and I'll
give him a wave if we pass them by', referring to United's position as
relegation favourites at the time of writing. Ironically Upson, who has 15
months of his current contract at West Ham remaining has been cited as the
one player most likely to leave the club in the January transfer window.

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David Sullivan wins battle to take control of West Ham United
David Sullivan won the battle to take control of West Ham United on Monday
night in a deal that values the club, including its debts, at £105 million.
Telegraph.co.uk
By Jason Burt
Published: 6:30AM GMT 19 Jan 2010

David Sullivan has claimed a 50 per cent stake in West Ham United after
holding off a rival bid from Air Asia chief executive Tony Fernandes .A deal
was agreed shortly before 10.30pm after the Malaysian entrepreneur Tony
Fernandes was unable to secure 100 per cent ownership, something he had
desperately fought to achieve, and conceded defeat.
Sullivan has taken a 50 per cent stake with the rest of the club remaining
in the control of the Icelandic bank Straumur – something that Fernandes had
decided he could not agree to.

Sport on television The two businessmen had been neck-and-neck throughout
the day as detailed negotiations continued with CB Holding, the company that
owns West Ham. Sullivan, the former co-owner of Birmingham City, eventually
came out on top.

Attention will now turn to the future of West Ham manager Gianfranco Zola.
Sullivan has already twice sounded out Mark Hughes about succeeding Zola,
but the former Manchester City manager is unsure that it is the right move
for him until he is given more details over the club's future and the funds
that will be made available.

It means that Sullivan may give Zola and assistant Steve Clarke the
opportunity to prove themselves until the end of the season, although that
will now be discussed. "No decision has been taken on the manager," one
source said.

However Hughes is also wanted by the Turkish federation as the new coach of
their national team and is on a shortlist with Guus Hiddink and Giovanni
Trapattoni, the current coach of the Republic of Ireland.

Zola is understood to be deeply concerned about his future and whether or
not Sullivan and David Gold - who is also involved in the successful bid and
is also likely to join the board along with Karren Brady, who will become a
part-time vice-chairman - will back his vision for the club and the coaching
of young players.

No details of the financial deal that Sullivan has struck with CB Holding
have been revealed. Although he will take a 50 per cent stake, it is thought
he will also be given a controlling interest.

Some of the investment will go to the consortium of creditors owed money
after the collapse of the business empire of Icelandic tycoon Bjorgolfur
Gudmundsson, but a portion of it will also be guaranteed on buying some
players and wiping out a part of the £38 million of debt, some of which is
also owed to the same banks who are creditors.

Sullivan and Gold sold Birmingham last year for £82 million, having bought
it for £1 16 years ago and made no secret of the fact that they wanted to
return to football and buy West Ham. They were early frontrunners to take
control, although they annoyed CB Holding and West Ham chairman Andrew
Bernhardt by painting a picture of a club in meltdown.

At the same time Fernandes, like Sullivan and Gold a lifelong West Ham fan,
was putting together his own bid and hoped to secure a complete buy-out of
the club. He held talks with Bernhardt before Christmas, and even believed
he had shaken hands on a deal.

Fernandes flew into London last week and it looked like he would be able to
complete the buy-out. Indeed at one stage on Friday evening he and the
negotiators for the banks who had to agree to the sale were just £3 million
apart in their valuation of the deal.

A deadline was set by Fernandes of midnight on Saturday for Bernhardt to
relent, after the Air Asia chief executive grew frustrated, but he did not.

Fernandes then revived talks on Sunday but, according to sources close to
him, the valuation on the club and taking complete control had changed so
the two sides were now £10 million apart.

However he persisted with the talks and they continued into yesterday
evening with one source claiming it was "50/50" in a race between Fernandes
and Sullivan to complete, with the latter eventually winning. According to
one source, Sullivan was always regarded as the "fall-back" option if
Fernandes failed.

West Ham supporters will be hugely relieved that the future ownership of the
club has been finally decided – there were two more expressions of interest,
one from the so-called Intermarket Group and another from the Italian
industrialist Massimo Cellino – but they may be concerned that the Icelandic
involvement and that of the finance house, Straumur, the main shareholder in
CB Holding, does not appear to have ended.

Brady, the former Birmingham managing director, is expected to work two days
a week at West Ham – she has indicated she does not want a full-time job -
alongside the current chief executive, Scott Duxbury, and finance director
Nick Igoe.

Sullivan will now have less than two weeks to decide whether or not to buy
in the January transfer market and to look to strengthen the squad with the
team hovering just above the relegation places.

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David Sullivan and David Gold set to take control of West Ham
Duo expected to take 50% stake in the club
'Deal lost on West Ham' says Tony Fernandes
Jon Brodkin guardian.co.uk, Tuesday 19 January 2010

David Sullivan and David Gold look set to take over at West Ham United after
the Malaysian businessman Tony Fernandes said last night that he had failed
in his efforts to buy the Premier League club. Sullivan and Gold, the former
Birmingham City co-owners, are expected to be confirmed as the owners at
Upton Park today. The investment group Intermarket was last night attempting
to persuade West Ham's owners that it has a more compelling case to be
handed control but the Sullivan-Gold bid appeared to have won after a
drawn-out process. Fernandes said on Twitter that his efforts to buy the
club had not succeeded. "Deal lost on west ham," the chief executive of Air
Asia wrote. "Hopefully new owners protect what's good. We gave awesome deal
and new ideas to rejuvenate a club and bring excitment [sic]."
Sullivan and Gold had hoped to have taken charge of West Ham by now. One of
their offers to Rothschild, the bank appointed in October to find new
owners, proposed buying 100% of the club but they are understood to have
succeeded with an arrangement under which they will take a 50% stake but
have authority over the running of affairs. CB Holdings – the company formed
by creditors and headed by the Icelandic bank Straumur which runs West Ham –
is expected to have a 50% share. Sullivan and Gold have said that they will
service the short-term debt and make money available for signings this month
in an effort to ensure that the team, managed by Gianfranco Zola, stay in
the Premier League. Zola's job is not believed to be under immediate threat.
There is likely to be a role in a Sullivan-Gold set-up at West Ham for
Karren Brady, who worked as their managing director at Birmingham. She is
being tipped to take a job as vice-chairman. Sullivan and Gold, who are West
Ham supporters, faced competition not only from Fernandes and Intermarket
but also from the Italian businessman Massimo Cellino, the president of
Cagliari.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
West Ham Sold to Sullivan
West Ham Till I Die

News has just broken that West Ham have been sold to David Sullivan. It is
thought that Karren Brady will become West Ham's new chairman, which is
likely to mean a hasty exit for the existing management team led by Scott
Duxbury.

I have very mixed feelings. I have made no secret that Sullivan was not my
preferred bidder, but the deal is now done. There's no point in thinking
what might have been, let's look to the future. And at least we have a
future.

I just hope that David Sullivan has the money to invest in the club to take
us to the next stage, and also that he and Brady will keep faith with
Gianfranco Zola. There were rumours that they want to bring back Alan
Curbishley. I am sure they were just rumours, but the last thing the club
needs now is the instability provided by a managerial change.

It is now up to David Sullivan to prove himself to us. I'm going to try to
banish any negative thoughts but it isn't going to be easy.

Good night.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
David Sullivan and David Gold complete £105million takeover at West Ham
By Simon Cass
Last updated at 5:27 AM on 19th January 2010
Daily Mail

The protracted West Ham ownership saga was concluded on Monday night after
David Sullivan and David Gold finally pushed through their takeover. The
pair have sealed a deal worth £105million for 50 per cent of the club and
will take on their debts. Manager Gianfranco Zola will be given a chance to
prove himself to the former Birmingham City owners, who have promised to
invest in the squad before the end of the month. Strengthening West Ham's
threadbare attack is the priority and money is available immediately to fund
moves for Manchester City's Benjani and Monaco's Eidur Gudjohnsen. Sullivan
and Gold will also push ahead with plans to relocate from Upton Park to the
Olympic Stadium after the London Games in 2012. Key to the relocation plans
is the appointment of Karren Brady (right) as vice-chairman. Sullivan will
assume the role of chairman and Gold is expected to take a seat on the
board. The deal was struck late last night after a day of tense
negotiations. Malaysian businessman Tony Fernades is understood to have run
Sullivan and Gold the closest, although the InterMarket consortium also
spent the day in talks with West Ham's corporate brokers Rothschild.
However, Sullivan and Gold appear to have been the most serious bidders all
the way through the complex process and were the first to put hard cash on
the table. The news that his job is safe will come as a major relief to
Zola, as former Manchester City manager Mark Hughes had been hotly tipped as
the man the new owners wanted to revive West Ham's fortunes. Such was the
level of speculation about Zola's future on Monday that bookmakers stopped
taking bets on him becoming the next Barclays Premier League manager to lose
his job. But now the uncertainty has been resolved, Zola has an opportunity
to concentrate on ensuring West Ham's Premier League status. They are
currently in 16th place.

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Still nothing on WHUFC.com

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

http://vyperz.blogspot.com

Daily WHUFC News - 19th January 2010

Defensive duo stay strong
WHUFC.com
A solid performance away at Villa Park owed much to the resilience of the
two centre-backs
18.01.2010

Matthew Upson and James Tomkins were at the heart of a tremendous rearguard
display for West Ham United at the weekend and are predicting a bright
future. A precious point at Aston Villa has left everyone in good heart for
a run of matches against sides in or around the Hammers in the league
standings. With four of the next half-dozen games at the Boleyn Ground as
well, there is justifiable reason for optimism - not least as well because
the likes of Herita Ilunga, Danny Gabbidon and Carlton Cole are on their way
back. "It is a good psychological boost to be out of the bottom three," said
Upson. "I really feel we are improving over the last month or so. We have
had some tough games against top teams and given a good account of ourselves
every week. The attitude is great and we will move on. "We have been working
hard on being difficult to beat. We set out well. In the last month we have
had an improvement. We have kicked on and hopefully we can maintain that and
climb the table."
Upson has led by example as Gianfranco Zola's captain but his young
defensive partner has also played his part of late. Tomkins has justified
the manager's faith and was rightly rewarded with the man of the match award
by the Sky Sports team. He, though, was just delighted to see the team get
what they deserved. "You need to keep a team like Aston Villa quiet, in the
first half especially," said Tomkins. "It is not good to concede an early
goal so we knew if we could keep it tight til half-time, we would be able to
go out in the second half and counter on them. "We had a few chances at the
end. We maybe could have stole it. It was a good team display."
Upson agreed with his partner's assessment - especially as Villa are
considered strong contenders for a top-four finish this season. "We will
take a point, looking at how the game went. I thought we set out quite well.
We struggled a little bit posing a threat to them but, away from home, it is
a good result."

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Reserves moved to Wednesday
WHUFC.com
West Ham United's reserve game with Portsmouth has been moved to Wednesday
evening
18.01.2010

West Ham United reserves' game with Portsmouth has been put back a day due
to the FA Youth Cup tie on Tuesday evening. Alex Dyer's side will now play
host to Pompey at Bishop's Stortford on Wednesday evening. It will be their
first game of 2010 at Woodside Park following the 4-2 loss to Arsenal at the
Boleyn Ground last week. Kick off is at 7pm and whufc.com will have live
text updates.

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'We're all trying to get up the table'
WHUFC.com
Scott Parker believes West Ham United's players took a lot of positives from
Sunday's draw at Aston Villa
18.01.2010

Sunday's goalless Barclays Premier League draw at Aston Villa clearly
illustrated the unity in the West Ham United camp, according to Hammer of
the Year Scott Parker.
With a trip to bottom-side Portsmouth and home games against Blackburn
Rovers and Wolverhampton Wanderers next up, the 29-year-old insisted
everyone is pulling in the same direction as the season approaches its
climax. "We're all trying to push in the right direction to get up the
table," said the influential midfielder. "If we keep grinding out results
like we did on Sunday then hopefully we'll do that."
A point lifted Gianfranco Zola's side to 16th in the standings, but Parker
said the performances put in by every single player in a dark and light blue
away shirt was just as important in illustrating the Hammers' determination
to improve their position. "It is a good result for us. We take a lot of
positives out of the game. We played really well and had a gameplan. We did
really well at times. You go to Villa Park and obviously they're a very good
side, but we did well."
Parker also downplayed fears that he had suffered a serious injury after
being substituted early in the second half and caught on camera sat in the
dugout with his upper leg strapped. "I had a little bit of a recurrence of
my hamstring injury and I didn't want to push it and be out for three or
four weeks. I took a real precaution really and thought I better come off as
I otherwise I would risk doing some really serious damage."

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Robert's happy birthday
WHUFC.com
Robert Green turns 30 on Monday, having produced a superb display in
Sunday's goalless draw at Aston Villa
18.01.2010

Robert Green will blow out the candles on his 30th birthday cake with a
smile on his face. The West Ham United and England goalkeeper has every
right to celebrate his personal landmark on Monday after producing an
outstanding display in the goalless Barclays Premier League draw at Aston
Villa 24 hours previously. Green's performance earned his team a second
clean sheet in three league matches, as well as a vital point in their bid
to climb the table. Having ended his 20s in fine form, the Chertsey-born
stopper is aiming to get even better as he enters his fourth decade. "I can
celebrate a bit as I didn't let one in," he joked. "All of a sudden it's
time for me to start living up to my potential now that I'm 30! As a
goalkeeper, they say 32 or 33 is your prime so I've still got a bit of
improving to do."
While Green has big plans for his future, including a place in Fabio
Capello's FIFA World Cup squad, the birthday boy was justifiably proud of
his most recent performance in a West Ham shirt. Having kept a clean sheet
on his debut as a 19-year-old for Norwich City in an East Anglian derby
against Ipswich Town in April 1999, Green was at his best again in repelling
Martin O'Neill's side. Aside from catching numerous crosses and dealing with
no fewer than 16 corners, the goalkeeper made two world-class saves to deny
England squad-mate Gabriel Agbonlahor. Green was happy not only with his own
display, but also that of his colleagues. Lone striker Frank Nouble, 18, was
singled out for special praise. "Villa Park is a difficult place to go.
There were a lot of balls into the box and pressure on us at times but we
dealt with it. Frank did brilliantly up front on his own, too. At the start,
looking at the game and the attacking options we had, we'd have taken a
point. "I enjoyed it. You knew they were going to put balls in and you've
got to choose when to go for them and be positive. You've also got to be
aware of the knockdowns as they've got quality players who are going to
shoot and your defenders are not always going to block it. It was tough but
a good game to play in. "Two clean sheets in three games is a positive. It's
not been an easy game for the club and it's a difficult situation, but this
gives us a chance. We've got four points from our last three games [against
Portsmouth and at Tottenham Hotspur and Aston Villa] and that's probably as
good as we could have hoped for."

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West Ham close to sale to David Gold and David Sullivan
BBC.co.uk

West Ham are "very close" to being bought by former Birmingham City owners
David Gold and David Sullivan, BBC Sport understands. Lotus F1 chief Tony
Fernandes, thought to be the duo's main rival, pulled out of the race on
Monday evening. Finance firm Intermarket and Italian Massimo Cellino are
the other known interested parties. "Gold and Sullivan are the real
front-runners now," said 5 live's senior football reporter Ian Dennis. "At
one stage or another they've all been touted as being favourites to take
over at West Ham but I understand that Gold and Sullivan are very, very
close now to moving in. "It will be a relief, not only to the supporters but
also to [manager] Gianfranco Zola, so that they can now concentrate on
on-the-field matters."
The club are currently owned by CB Holding, which has indicated West Ham are
£38m in debt. The main shareholder in CB Holding is Icelandic bank Straumur,
which has previously said it was in no hurry to sell the club - although
that was before the various bidders became known. At one stage Fernandes was
seen as the favourite to take over but admitted defeat on Monday evening
when he told his Twitter feed: "Deal lost on West Ham. Hopefully new owners
protect what's good. We gave awesome deal and new ideas to rejuvenate a club
and bring excitement."
West Ham have effectively suspended any activity in the January transfer
window until the takeover situation is resolved. Dennis added: "My
understanding is that they don't have to sell in the transfer window. There
have been rumours about Scott Parker maybe moving on but if the takeover
happens sooner rather than later I don't think there will be any departures
from Upton Park."
Hammers boss Zola, whose future may hinge on which bid wins, acknowledged
the situation was frustrating. "These players, this team, they deserve to be
helped. Stability for the club would be massive," he said after a 0-0 draw
at Aston Villa on Sunday lifted his side out of the Premier League
relegation zone. "Right now we can't do anything we just have to wait for
something to happen with the club. Once we know where the club is going,
then we have a chance."

The interested parties:

David Gold/David Sullivan - Former Birmingham City owners have been
determined suitors of the Hammers for several months. They once held shares
in the club and boast the liquid assets required.

Intermarket - Finance firm based in London's Canary Wharf, made money with
the FX currency exchange business. Ex-West Ham striker Tony Cottee is an
adviser but chief executive Jim Bowe died in America earlier in January.

Massimo Cellino - The president of Serie A club Cagilari emerged as a
potential late bidder last week and there were even reports in Italy he had
secured a deal but these proved premature.

Former Chelsea favourite Zola, and assistant Steve Clarke, took the
managerial reins at West Ham in September 2008 after Alan Curbishley's
departure. The pair guided West Ham to ninth in the table after a sticky
start. West Ham are currently 16th in a season that has been plagued by
injuries and off-the-field distractions. I know I can do this job but you
always have to prove yourself every day," said Zola on Friday. "I am not
going to go to anyone and say 'look, I am doing well'. The results do the
talking. If what I am doing is not good enough on the pitch it is right they
change."

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Benfica want Gomes stay
Coach insists striker is still very much in his plans despite rumours
By Francisco Acedo Last updated: 18th January 2010
SSN

Benfica coach Jorge Jesus insists that Nuno Gomes has a future at the club
despite being linked with a move away from the Stadium of Light in January.
The striker has reportedly interested West Ham and Bolton while a loan
switch to Livorno and Panathinaikos has also been mooted. The 33-year-old
has had to impress from the bench this term with Javier Saviola and Oscar
Cardozo striking up a prominent partnership up front for the Portuguese
side. Gomes was thought to be hankering after a move in order to keep alive
hopes of making the Portugal squad for the World Cup but Jesus admits the
frontman is still very much in his thoughts. "The captain is in my plans,"
he said. "There could be more decisive and key moments of this long season
for us."

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Zola hails his Rob Stopper
The Sun

GIANFRANCO ZOLA hailed 'heartstopper' keeper Rob Green after struggling West
Ham snatched a crucial point. Hammers boss Zola admitted: "Rob was
outstanding apart from one second when my heart stopped for a few seconds.
But it wasn't long enough to damage my brain!" Hammers produced a defensive
display to make Zola proud as rumours about the club's takeover continue to
rage. Martin O'Neill's side were denied at every turn. But Zola admitted
that it was two first-half saves in a minute from Green that kept Hammers in
the game before the break. Green denied both Ashley Young and Gabby
Agbonlahor but Zola saw his keeper's flip-side in the second half. The
stopper had a rush of blood to the head under pressure from John Carew as he
tried to collect a backpass. But watching England coach Stuart Pearce will
have been impressed. And Zola added: "His performance was really good - back
to normal." Villa boss O'Neill hailed the honesty of his skipper Stiliyan
Petrov. Radoslav Kovac was on a yellow card when he brought down Petrov. But
the Bulgarian got straight up and Kovac got away with a talking-to. O'Neill
said: "Well done, Stiliyan. This idea that we have a couple of divers in
Gabby and Ashley, I hope gets washed away." Zola said: "I congratulate
Petrov, he's a fair person."

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Hammers Set to turn Gold
The Sun
Published: Today

DAVID GOLD and David Sullivan will end their three-month battle for control
of West Ham with a £46million deal today. West Ham's Icelandic owners had
given Malaysian millionaire Tony Fernandes until last night to show he had
the £100m to complete his proposed buy-out. But it is understood the Air
Asia and Lotus Formula One team owner has struggled to meet the deadline -
opening the door for lifelong Hammers fans Gold and Sullivan. The
ex-Birmingham City owners, who sold the St Andrew's club to Carson Yeung for
£85million late last year, had always been favourites to win control. They
plan to buy a 51 per cent stake - with Icelandic bank Straumur, fronted by
CB Holdings, keeping the remainder for the time being.

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ZOLA WILL QUIT IF CELLINO TAKES CHARGE
News Of The World
By Rob Shepherd, 16/01/2010

GIANFRANCO ZOLA will quit as West Ham boss if Italian businessman Massimo
Cellino wins the race to buy the club. When the former owner of Cagliari
made a move to land the Hammers last week it was initially assumed Zola had
played a part to secure the Upton Park outfit's future. But Zola does not
get on with his fellow countryman and would walk out if Cellino beats David
Gold and David Sullivan, Malaysian Tony Fernades or the InterMarket Group in
the race to buy the club. A source close to Zola revealed: "If Cellino's
bid is successful, Zola will go. "There is history. When Zola left Chelsea
he went back to play for his home town club Cagliari then owned by Cellino.
"Zola is a man of honour and agreed a verbal two-year deal. "He helped win
the club promotion to Serie A. As soon as that happened, Cellino felt Zola
had done enough for the club and didn't want to continue the deal. "Zola was
furious. So were the fans. It was only their outcry which saw Zola stay.
Zola is a Sardinian. He has his principles. He wants to do well for West
Ham. But he will not work for Cellino."
Zola admits he has considered walking away from the troubled club but
insisted his obsession with coaching young players has lifted him from
despair and reignited any dwindling passion for management. That could prove
irrelevant, however, should Cellino, 56, take charge. The man who runs a
food wholesale firm has reportedly offered £60million to buy the struggling
Premier League outfit and spent the last few days in London trying to thrash
out a deal. Italian news reports claim the deal could be closed within the
next 48 hours and that Daniele Arrigoni - a former Cagliari manager - would
take over from Zola, with ex- Middlesbrough ace Gianluca Festa as his No 2.
Cellino said: "I had hoped to close the deal earlier and I proved that my
offer was serious but now there are a few delays as some documents are being
looked at."

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West Ham boss Zola will walk if Cellino wins ownership battle
19.01.10 | tribalfootball.com

West Ham United boss Gianfranco Zola is set to walk if Massimo Cellino is
successful with his takeover. Zola does not get on with his fellow
countryman and would walk out if Cellino beats David Gold and David
Sullivan, Malaysian Tony Fernandes or the InterMarket Group in the race to
buy the club. A source close to Zola revealed to the News of the World: "If
Cellino's bid is successful, Zola will go. "There is history. When Zola left
Chelsea he went back to play for his home town club Cagliari then owned by
Cellino. "Zola is a man of honour and agreed a verbal two-year deal. "He
helped win the club promotion to Serie A. As soon as that happened, Cellino
felt Zola had done enough for the club and didn't want to continue the deal.
"Zola was furious. So were the fans. It was only their outcry which saw Zola
stay. Zola is a Sardinian. He has his principles. He wants to do well for
West Ham. But he will not work for Cellino."

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Hammers boss is in the hot seat
Gianfranco Zola is confident West Ham are on right track
By Ian Clarkson January 18, 2010
Give Me Football

It has been a tough campaign for Gianfranco Zola as he has attempts to build
a squad capable of survival against the backdrop of huge debts and a
potential takeover. Sixteen months in the hot seat has been a steep
learning curve for Zola and he is battling against constant speculation from
all quarters. Nevertheless, the former Chelsea striker will be pleased after
his Premier League strugglers inched closer to safety following a goalless
draw at Aston Villa that lifted them out of the relegation zone.

Were you pleased with performance of your players at Villa Park?

I'm very proud of them. The performance they put in, especially in the
second half, was awesome. There was a moment in the game where I thought we
might even win this game. But I think the result was fair. I'm blessed
because I have a bunch of players who are fantastic.

Are you any closer to knowing who will take over at boardroom level at West
Ham?

I don't know anything. To be honest I shut my door to that and focused on
the game. Hopefully something will happen tomorrow (Monday) because I think
it is important that we have that kind of stability. Everybody will benefit
from that.

How impressed have you been with young striker Frank Nouble?

I have been satisfied with what Frank has done. He has not got experience
but he has energy, enthusiasm and he wants to impress me. That is more than
enough. He has good qualities and needs to learn the art of being a good
striker. He has a great physique and good technical abilities. He needs to
learn the movements but he is on his way. I think in the last few weeks he
has improved so much. I work with the players all the time and on a
one-on-one situation. That is what I like doing. It is the best part of my
job.

How difficult is it to stay positive in your own ability during a run of
results like you have has this season?

Obviously when you have difficult moments you think about that but then you
say 'I love what I'm doing'. I knew when I took this job that it could go
wrong and they could fire me. I accepted that, so there is no fear for me.
If what I'm doing is not good enough then it's right that they change. I'm
not going to go to anybody and say I'm doing well, it's up to them. I know
that in my job you are under threat all of the time. I can only focus on the
things that are under my control. This is not under my control and I'm not
going to spend even a second thinking about that.

What's the best aspect of a difficult job?

I was born to play football and I have knowledge about football. And one of
my biggest satisfactions is if I can transfer that to a young player and
make a difference. That is what I love. My duty is to entertain people. It
was my duty as a player and now it is to teach other people to entertain.

Are you able to bring in any players during the transfer window?

We might be able to do something but obviously it might be difficult in this
situation. I think the takeover will affect the other things. All of this is
something we will discuss after Sunday as we have ten days until the next
match. It is not easy but I am not going to complain. If I start thinking
about how unlucky I am and complain about things I am not going to sort the
situation out. I have to push myself and the players to do the best we can
in the situation. If we get through we will be better players and managers.
What can I do? I'm not going to bang my head against the wall because of
that. I am going to fight. I think we can make a big difference if we carry
on playing the way we have been playing recently.

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Gianfranco Zola praises 'outstanding' Robert Green
18.01.10
Evening Standard

Gianfranco Zola felt West Ham keeper Robert Green was back to his best in
helping his side earn a valuable point from a goalless draw at high-riding
Aston Villa. The England player pulled off several fine saves and survived
his only error when he lost possession under pressure from Villa striker
John Carew. A share of the spoils moved the Hammers above Wolves and Hull
and out of the bottom three. Zola quipped: "Robert Green was outstanding
apart from one moment when my heart stopped for a few seconds, fortunately
not long enough to damage my brain! "That is already damaged! But, in all
seriousness, Robert's performance was really excellent and he was back to
his normal sort of standard."
Zola also praised Villa skipper Stiliyan Petrov for helping to ensure
Hammers midfielder Radoslav Kovac escaped a red card after a reckless
challenge on the Bulgaria international. Kovac had already been booked but
Petrov leapt quickly to his feet rather than make the most of the situation.
It led to Kovac being given a final warning by referee Mick Jones via
Hammers skipper Matthew Upson and he was substituted shortly afterwards.
Zola said: "I took Kovac off as a precaution. The referee told our skipper
(Upson) that probably the next tackle was going to result in a sending-off
so we took no chance. "I also have to congratulate Petrov for his part
because he is a fair person and a fair player. "But I think, to be honest,
the first booking was a little bit harsh because it wasn't a foul. Maybe the
referee levelled up everything."
Zola admitted: "To be out of the bottom three is massive but also picking up
a point at Villa Park is not an easy task so that will give the players a
big, big boost of confidence."
Villa boss Martin O'Neill played down the significance of a verbal exchange
with fans situated behind the dugout during the latter stages of the game.
O'Neill and Villa's goalkeeping coach Seamus McDonagh appeared to have words
with several spectators as the match reached its climax. The game ended with
around half a dozen stewards in position alongside and at the back of the
home dugout but O'Neill was adamant what occurred was "not a big issue".
The former Celtic boss quipped: "It was my brother! I told him not to say
anything. He was giving me a bit of advice. I shall see him when I get home
tonight. "I didn't know about Seamus and I'm not so sure this is really a
big issue. It does not concern me. "The issue today was we were unable to
score a goal but it was a big effort by my players considering we played in
the Carling Cup semi-final only on Thursday. "It is disappointing the win
didn't materialise and when you drop points at home it can be considered a
missed opportunity. "But I think this result and other ones this weekend
involving teams near us in the table highlight how difficult this league
is."
O'Neill confirmed Birmingham have made a bid for midfielder Craig Gardner
but insists they will have to make an improved offer to land his services.
He said: "Birmingham have made an inquiry and they have also made a bid. The
bid as it stands hasn't been accepted. "There have also been other enquiries
which haven't been followed up with a bid. "I would love to keep Craig but
he wants to play and, if two clubs can agree on things, he probably would
go."

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Zola hails Green display
Jan 18 2010
Sunday Sun

Gianfranco Zola felt West Ham keeper Robert Green was back to his best in
helping his side earn a valuable point from a goalless draw at high-riding
Aston Villa. The England player pulled off several fine saves and survived
his only error when he lost possession under pressure from Villa striker
John Carew. A share of the spoils moved the Hammers above Wolves and Hull
and out of the bottom three. Zola quipped: "Robert Green was outstanding
apart from one moment when my heart stopped for a few seconds, fortunately
not long enough to damage my brain! That is already damaged! But, in all
seriousness, Robert's performance was really excellent and he was back to
his normal sort of standard."
Zola also praised Villa skipper Stiliyan Petrov for helping to ensure
Hammers midfielder Radoslav Kovac escaped a red card after a reckless
challenge on the Bulgaria international. Kovac had already been booked but
Petrov leapt quickly to his feet rather than make the most of the situation.
It led to Kovac being given a final warning by referee Mick Jones via
Hammers skipper Matthew Upson and he was substituted shortly afterwards.
Zola said: "I took Kovac off as a precaution. The referee told our skipper
(Upson) that probably the next tackle was going to result in a sending-off
so we took no chance. "I also have to congratulate Petrov for his part
because he is a fair person and a fair player. "But I think, to be honest,
the first booking was a little bit harsh because it wasn't a foul. Maybe the
referee levelled up everything."
Villa boss Martin O'Neill played down the significance of a verbal exchange
with fans situated behind the dugout during the latter stages of the game.
O'Neill and Villa's goalkeeping coach Seamus McDonagh appeared to have words
with several spectators as the match reached its climax. The former Celtic
boss quipped: "It was my brother! I told him not to say anything. He was
giving me a bit of advice. I shall see him when I get home. I didn't know
about Seamus and I'm not so sure this is really a big issue. It does not
concern me. The issue today was we were unable to score a goal but it was a
big effort by my players considering we played in the Carling Cup semi-final
only on Thursday."

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http://vyperz.blogspot.com

Monday, January 18

Daily WHUFC News - Takeover Update

West Ham close to sale to David Gold and David Sullivan
BBC.co.uk

West Ham are "very close" to being bought by former Birmingham City owners
David Gold and David Sullivan, BBC Sport understands. The duo are thought to
be favourites ahead of Lotus F1 chief Tony Fernandes. Finance firm
Intermarket and Italian Massimo Cellino are the other known interested
parties. "It has been a real saga but Gold and Sullivan, I understand, are
the real front-runners now," said 5 live's senior football reporter Ian
Dennis. "At one stage or another they've all been touted as being favourites
to take over at West Ham but I understand that Gold and Sullivan are very,
very close now to moving in. "It will be a relief, not only to the
supporters but also to [manager] Gianfranco Zola, so that they can now
concentrate on on-the-field matters."
The club are currently owned by CB Holding, which has indicated West Ham are
£38m in debt. The main shareholder in CB Holding is Icelandic bank Straumur,
which has previously said it was in no hurry to sell the club - although
that was before the various bidders became known. West Ham have effectively
suspended any activity in the January transfer window until the takeover
situation is resolved. Dennis added: "My understanding is that they don't
have to sell in the transfer window. There have been rumours about Scott
Parker maybe moving on but if the takeover happens sooner rather than later
I don't think there will be any departures from Upton Park."
Hammers boss Zola, whose future may hinge on which bid wins, acknowledged
the situation was frustrating. "These players, this team, they deserve to
be helped. Stability for the club would be massive," he said after a 0-0
draw at Aston Villa on Sunday lifted his side out of the Premier League
relegation zone. "Right now we can't do anything we just have to wait for
something to happen with the club. Once we know where the club is going,
then we have a chance."
The Italian indicated that he hoped the takeover would be resolved on
Monday.

The interested parties:

Tony Fernandes - Boss of Air Asia and the revived Lotus F1 team. An Upton
Park regular for many years, he is likely to support Zola but has he proved
to have the money readily available?

David Gold/David Sullivan - Former Birmingham City owners have been
determined suitors of the Hammers for several months. They once held shares
in the club and boast the liquid assets required.

Intermarket - Finance firm based in London's Canary Wharf, made money with
the FX currency exchange business. Ex-West Ham striker Tony Cottee is an
adviser but chief executive Jim Bowe died in America earlier in January.

Massimo Cellino - The president of Serie A club Cagilari emerged as a
potential late bidder last week and there were even reports in Italy he had
secured a deal but these proved premature.

Former Chelsea favourite Zola, and assistant Steve Clarke, took the
managerial reins at West Ham in September 2008 after Alan Curbishley's
departure. The pair guided West Ham to ninth in the table after a sticky
start. West Ham are currently 16th in a season that has been plagued by
injuries and off-the-field distractions. I know I can do this job but you
always have to prove yourself every day," said Zola on Friday. "I am not
going to go to anyone and say 'look, I am doing well'. The results do the
talking. If what I am doing is not good enough on the pitch it is right they
change."

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Sullivan-Gold consortium "would not sack Zola"
By Harry Harris, Football Correspondent
ESPN
January 18, 2010

Gianfranco Zola will be given a chance to prove himself with the new owners
if David Sullivan and David Gold can beat other suitors to the punch in
buying West Ham in the next 24 hours. But how long Zola would be given would
largely depend on results as the Hammers fight a relegation battle. Contrary
to widespread reports Zola isn't facing the axe if the former Birmingham
owners win control of the East End club. They face competition from Air Asia
owner Tony Fernandez and Cagliari president Massimo Cellini. An insider told
Soccernet on Monday evening: "We've read the reports that David Sullivan and
David Gold would sack Gianfranco Zola and replace him with Mark Hughes, but
that is not necessarily the case. "They would look upon Zola as a totally
unproven manager, but would want to give him some time to show them what he
can do or can't do. Remember they sacked only two managers in 17 years at
Birmingham, and properly regretted not giving Barry Fry a further year.
"Everyone is still waiting to hear and frustrations are growing as the
process is dragging on much longer than the interested parties wanted with
now only 12 days left in the January transfer window. The delay cannot be
good for West ham. "There are players being lined up, but if a new owner
wanted a foreign player than it would take time applying for work permits,
and time is running out. Everyone thought it would be sorted out on Friday,
then again tonight (Monday), but it is only a matter of time. "One of the
main problems is that it is now all tied up with the lawyers and the bank
syndicates. The offers on the table are to buy 50 per cent of the club but
any new owner would want some of these restrictions the banks currently have
to be lifted otherwise it might prove impossible to run the club properly.
"As it stands, and it could change at any minute, there is still nothing
much to choose between the offers of David Sullivan and David gold and Tony
Fernandez, and it still appears to be neck and neck between the two,
although it is quite possible there could be a third serious bid on the
table, or one could emerge."
The decision on the Hammers' future is expected imminently, and with the
transfer deadline approaching, the winning bidder will likely expect to have
to move quickly at a club still heavily in relegation trouble.

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Sign the KEEP ZOLA Petition
West Ham Till I Die

I'm really worried by all the rumours about Gianfranco Zola's future, or
possibly lack of it, at West Ham if we get new owners this week. I think it
is important that we fans make our views known. Gianfranco Zola has done a
brilliant job at West Ham in the circumstances and I cannot believe there
are many people who wish to see the back of him and his assistant, Steve
Clarke.

If you agree with me, please sign an online petition I have created which,
if enough people sign it, will go some way to demonstrating to the new
owners that we wish them to retain the services of Zola and Clarke. Forward
the details of the petition to your friends and get them to sign it too.

Click here to sign it : http://www.ipetitions.com/petition/zola/

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http://vyperz.blogspot.com

Daily WHUFC News - Club Ownership Update

Fernandes out
KUMB.com
Filed: Monday, 18th January 2010
By: Staff Writer

Tony Fernandes has privately conceded defeat in his battle to win control of
West Ham. The Malaysian businessman met with representatives of CB Holding
over the weekend in an attempt to thrash out a last minute deal. However he
admitted late last night that he was almost certainly out of the running,
having failed to agree terms. Fernandes, who topped a KUMB.com ownership
poll last month and was running neck and neck with Intermarket in the latest
one had hoped to take full control of the club having apparently satisfied
the banks that the necessary finances were in place.
However for reasons currently unknown he has been unable to thrash out a
deal - as it appears have fans' syndicate Intermarket and Massimo Cellino,
the Cagliari president who staged a late bid last week. All of which means
that former Birmingham City owners David Gold and David Sullivan are in
prime position to be named new owners of West Ham United. Their bid to take
a 51% majority share in the club has been far from universally welcomed by
supporters keen to see the back of the Icelandic influence that has brought
the club to its knees. Despite reports to the contrary Massimo Cellino is
also thought to consider his chances of success slim - despite the Italian
media still claiming this morning that he remains a front-runner in the
race. Intermarket, whose bid suffered a huge blow with the death of CEO Jim
Bowe eight days ago are thought to have failed to satisfy the banks
requirements (although this remains unconfirmed).

Daily WHUFC News - Club Ownership Update

Tony Fernandes's West Ham United takeover hits impasse which could let in
David Sullivan
Tony Fernandes, the Malaysian entrepreneur, remained locked in negotiations
on Sunday night as he attempted to buy West Ham United.
Telegraph.co.uk
By Jason Burt
Published: 7:30AM GMT 18 Jan 2010

Tony Fernandes's hopes of taking over West Ham were hit just as a deal
appeared likely to be agreed . An impasse was reached over the weekend,
although there was fresh hope on Sunday that a resolution could be found
with the consortium of banks and creditors who own the Premier League club.
Former Birmingham City co-owner David Sullivan also remains strongly in the
running to acquire the club from CB Holding, the company which was set up to
own West Ham United following the collapse of the business empire of
Bjorgolfur Gudmundsson. Sullivan could be allowed to make his move on
Monday. Because of the sensitive nature of the negotiations, it is not
entirely clear why a resolution with Fernandes has not been found. It had
been hoped that an agreement would be struck on Friday as talks appeared to
reach a climax. According to sources, the main sticking point on the
Fernandes deal is that he has made it clear he wants to take total control
of running the club and sorting out the finances. For this to happen, it may
be that he wants to acquire 100 per cent of West Ham immediately and that,
for some reason, CB Holding, and its principal shareholder, Straumur, the
Icelandic finance house, may be reluctant to allow him to do this. It is
more than likely they are haggling over the price.
Sullivan has proposed taking a 51 per cent stake and his bid, as with
Fernandes, is understood to have passed all the checks and balances while
due diligence has been conducted by both businessmen. One source close to
Straumur said: "Both are ready to complete." The hold-up is a frustration to
West Ham and their supporters as it eats up valuable time in the transfer
window. The club are unable to buy before they can sell and manager
Gianfranco Zola is reluctant to do that until he knows what the future
holds.
He is believed to be concerned over his own future, with strong indications
that Sullivan wants to replace Zola and hopes to recruit Mark Hughes, the
former Manchester City manager. If neither Fernandes nor Sullivan is able to
conclude a deal - and CB Holding maintain they do not have to sell - then it
could open the way for a bid to be made by the Cagliari president Massimo
Cellino who, like the Intermarket Group, has also signed a non-disclosure
agreement with the bank Rothschild.

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