Consortium linked with Hammers

17 April 2009 19:04
Sky Sports News understands a consortium of banks is one of the options to take over ownership of West Ham United. [LNB] It follows the collapse of the club's holding company, Hansa, which is owned by West Ham chairman Bjorgolfur Gudmundsson. [LNB]One option is for ownership to be passed to the consortium led by Straumur, Hansa's major creditor.[LNB]But, contrary to some reports, it is understood a decision has yet to be made. [LNB]There is currently a legal process in place that prevents any of Hansa's creditors seizing West Ham before 9th June. [LNB]Sky Sports News chief news reporter Bryan Swanson understands the current developments will have no impact on the day-to-day running of West Ham, with manager Gianfranco Zola widely expected to sign a new contract.[LNB]

Source: SKY_Sports