Sunday, October 15, 2006

West Ham Bid Falters

A sixth consecutive defeat for West Ham without a goal being scored has seen West Ham drop into the relegation zone, and sudddenly the club doesn't look such an attractive proposition to potential buyers.

The Independent on Sunday claim that Icelandic businessman Eggert Magnusson has told them that it could be simply far too risky. The thought of spending £70m and taking on debts of £23.5m for a team that could be relegated they suggest has made Magnusson think again about his bid. However there is distinct absence of any direct quotes in the article.

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