At Last a Realistic Bid for West Ham?

The News of the World has news today of what may finally be a realistic bid for West Ham. The bid is from an American consortium made up of wealthy West Ham fans and led by Intermarket Group chief executive and Wall Street mogul, Jim Bowe.

The NoW say the bid is for £100 million and that they "began negotiations on Friday night and are confident of landing the club in time to hand boss Gianfranco Zola a substantial budget for the January transfer window."

Bowe said,

"We are not interested in just taking on the debt, or securing a percentage. We want to get West Ham back on track for the upper echelons of the Premier League.

"We want what the fans want and there is no restriction on us as to how we achieve that aim. We are in the early stages of our discussions with the club. But we are optimistic that we can develop a proposal that will benefit all parties. The best deal is the deal where everyone feels that they've won.

"The consortium comprises West Ham supporters who have made serious money in the City, the United States and elsewhere and who see the potential in the club, its fanbase, academy and playing staff.

"The people involved have the money required, and, more importantly, the right sentiments. They have no interest in interfering with the playing side of things, but they will make money available in the January transfer window.

"They also possess the expertise to see West Ham restructured and organised in a way that will help the club realise its potential. Fortune has been hiding for too long."