West Ham deny being under pressure for quick sale

23 December 2009 21:23
West Ham United have dismissed suggestions that a new owner must be found for the club as a matter of urgency.

Recent reports had claimed that CB Holding, the company formed by the creditor which runs the Hammers, was looking for immediate sources of new investment.

However, a club statement insists that finding a new owner for the Upton Park club remains a long-term goal.

"Our shareholder CB Holding has made it clear it would like to find new owners for the club in the next three years and that is still the case," it read.

"In recent months we have had a number of approaches from parties interested in investing in West Ham United. The club have held a number of discussions with those parties and the talks are ongoing.

"CB Holding is not under pressure to conclude an agreement in the immediate future, but the club will keep supporters informed of any developments when appropriate."

Earlier in the month, Former Birmingham City co-owners David Gold and David Sullivan tabled an initial takeover deal for the club.

Source: DSG