Straumur Given Six Months
Kyel Reid has signed for Sheffield United. Reid was out of contract at West Ham and has now joined the Blades on a two-year deal.
Icelandic bank Straumur, who have a 70% stake in the new owners of West Ham United, have been given a six-month reprieve by the Icelandic courts. This means the bank have another six months suspension of payments to creditors.
The Guardian say that should Straumur be wound up it would have serious implications for West Ham. So, it looks like we have about six month's breathing space for now.