Fernandes Not Buying West Ham

Tony Fernandes has told The Evening Standard that he won't be making a bid to buy West Ham and that he is concentrating on setting up his Formula 1 team instead. When asked if he was going ahead with a bid for West Ham he said,

'No, not any time soon. I've got my hands full setting up a Formula One team so it's not something I'm going to do.

I do worry about the future of West Ham. They're in a precarious situation and have been badly managed with a poor balance sheet. The fans, of which I'm one, deserve better but it's not particularly tempting for a buyer."