West Ham Seek Fresh Investment

The Telegraph say that West Ham's owner's Straumar will next week appoint Rothschild and Standard Bank to seek new investment into the club. The paper say that the investor will take a stake and may, eventually, want to acquire overall control of the club in a change of ownership.

The Telegraph say the owners have also renegotiated the terms of a loan facility at the club, thought to be around £30 million and are preparing to make fresh investment in the club themselves.

It isn't clear if West Ham actually have any investors already lined up but it does seem like the owners are trying to ensure that Gianfranco Zola does have some transfer money to spend in January.


The News of the World, who seem to have close ties with the Intermarket Group, say that unless the group are invited to go through due diligence within a fortnight they will withdraw their offer for the club.


In other news The News of the World report that Calum Davenport has been told that his leg injuries should not threaten his career. However they say he will not be returning this season.