Friday, March 13, 2009

Hansa Get Moratorium

An Icelandic court announced today that Hansa, West Ham's holding company, has been given a further three month moratorium on its debts. The extension for Hansa will last until June 8.

West Ham Vice Chairman Asgeir Fridgeirsson said today that Hansa is in the process of finding bids for West Ham,

We just continue the process we’ve been working on the last four months,” Fridgeirsson said today. “We’re engaged in conversation with 5 and 10 parties. We still don’t have any binding offers. There is a growing interest.


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