Sunday, November 22, 2009

West Ham in the Papers

The Mail say that West Ham will continue to pay Nigel Quashie £20,000 a week when he joins MK Dons on loan next week.

The News of the World say that December 11th is D-Day for West Ham. This is the day that an Icelandic court will decide whether to grant the club's owner, Straumer, more time to sort out its web of debt.

The NoW say that West Ham could face administration, a nine point deduction and certain relegation.

The Telegraph however paint a more rosy picture of life at West Ham. The Telegraph claim West Ham have held take-over talks with three parties, Malaysian entrepreneur Tony Fernandes, former Birmingham City co-owners David Sullivan and David Gold and the Intermarket Group.

They claim Fernandes has come the closest to agreeing a deal and came close to taking a 51% stake in the club. A price couldn't be agreed but Fernandes remains interested.

As far as Straumar are concerned The Telegraph say that another extension beyond the December deadline should be agreed. They say West Ham themselves have debts of £38 million which are wholly manageable with a turnover of around £90 million.

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