West Ham's New Owner Speaks

WHUFC.COM have an interview with new owner and Honorary Life President of West Ham United. In the interview Icelandic businessman Bjorgolfur Gudmundsson talks about why he was attracted to the Hammers,

"West Ham United is one of the 10 biggest clubs in English football. It has a strong and solid group of supporters who are ambitious on behalf of the club.

The club has a tradition and foundation for being one of the big clubs in England and in Europe. The reputation of Bobby Moore, Geoff Hurst and Martin Peters from the team of 1966 World Cup champions lives on - and I know that is important for future successes.

West Ham has also a remarkable Youth Academy that, in the last decade, has created a full squad of world ranking football players. That is tremendously valuable.

It is obvious that, without my interest in football, I would not have invested in West Ham United. On the other hand I believe that investing in an English football club is nowadays a good business opportunity.

Football, and live football on TV, is one of the fastest growing sectors in the leisure and entertainment industry. The worldwide popularity of the English Premier League and the Champions League is a clear indicator of the business potential of game."

Let's just hope that BG (as he likes to be known) is ready to invest another £20 million in January otherwise he could see the value of his investment dwindle very quickly.