News

West Ham United: Club insider discusses recent takeover interest

|
Image for West Ham United: Club insider discusses recent takeover interest

West Ham United insider @ExWHUemployee has been discussing the interest from a US-based consortium regarding a possible takeover the club.

On Monday night, The Sun claimed that David Gold and David Sullivan had rejected a £350m offer for the Irons from an American consortium in August.

Then, on Wednesday morning, The Sun ran another report which stated that the offer had been upped to £400m at the end of last month, however, that was also rejected.

As claimed in the first report, it is a ‘mystery‘ consortium which is looking to buy Gold and Sullivan out of the Hammers.

So, in the latest episode of The West Ham Way Podcast, @ExWHUemployee discussed the interest in taking over the club and aired that Premier League clubs often receive interest.

1 of 10
General view inside the London Stadium ahead of West Ham v Norwich City

Who did West Ham United face in their opening fixture of the 2020/21 Premier League season?

He said: “There have always been these interests; Premier League clubs get this all the time.

“The majority of them are chancers that they’ll just do it out of interest. They’ll put in an offer to a chairman and say, ‘Look, I’ve got this amount of money, I work for this company, blah, blah, blah…’

“I’ve mentioned companies that potentially could take over West Ham coming from UAE, Dubai, coming from Saudi Arabia and [the] USA.”

TIF Thoughts…

As can be seen in what the in-the-know podcaster had to say, clearly, he believes that top-flight clubs are often receiving enquiries regarding takeovers, however, most are from ‘chancers’.

Do you want David Gold and David Sullivan to sell the club?

No, they should stay

No, they should stay

Yes, they should go

Yes, they should go

If the reports from The Sun are to be believed, though, then it does not seem as though the ‘mystery‘ consortium is one of these ‘chancers’ if it has made a £400m offer.

However, in the second report, it is stated that ‘London Stadium sources’ have questioned the consortium’s interest as ‘there has been no proof of funding’.

So, whether this US-based consortium has the funds to back up their reported bids seemingly remains to be seen.

Share this article