Source: SKY_Sports
Hammers set for new owners
Sky Sports News understands takeover talks at West Ham are "progressing well" and the club are set for new ownership at the end of the season. [LNB] A consortium, led by Icelandic bank Straumur, is expected to take control of the club after the collapse of West Ham's holding company, Hansa, which is owned by their chairman Bjorgolfur Gudmundsson.[LNB]Straumur, Hansa's major creditor, is likely to take over at the end of the season in a move that, sources say, will have little impact on the day-to-day running of the club. [LNB]Sky Sports News' chief news reporter Bryan Swanson understands West Ham are waiting for the ownership issue to be concluded before they submit their accounts to a joint Premier League and FA committee to meet the demands of the UEFA Club license, which is necessary to enter all UEFA competitions.[LNB]West Ham missed the initial deadline to submit documents, 30th April, and one report claimed it could jeopardise their place in the Europa League next season, should they qualify.[LNB]But Swanson has been told the club's lawyers are "relaxed" they will meet the licence conditions by the end of the month.[LNB]
