Straumur Debt Repayments Frozen
West Ham's ultimate owners, Straumur, have gained another reprieve on paying back their debts. Their debt repayments have been frozen until September.
The BBC and The Guardian are both reporting that this will allow CB Holdings to turn down Gold and Sullivan's offer to buy the club and wait for better offers.
posted by Keir Clarke @ 5:34 PM
2 comments
2 Comments:
Now the fire sale of players begins. the morons have no incentive to sell the club now. which means they will sell players in january to raise cash,as they know nobody will buy the club at the inflated price they are asking.
And when we are relegated,the club will go into administration,which means the Icelanpricks won't have to make good on the club's debts.
If there were not laws against it, the owners of this club would warrant bullets in the head.
Shameless plug, forgive me - but what do you think of my "must win" games scenario... http://theironscurtain.blogspot.com/2009/12/whats-point.html
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