Hammers debt is 110m - Sullivan

Published : 19 Jan 2010 15:49:18

West Ham's new owner David Sullivan has revealed the club is £110m in debt as it battles for Premier League survival.Former Birmingham owners Sullivan and David Gold now control the Hammers after buying a 50% shareholding. "It makes no commercial sense to buy this club," said Sullivan after laying out the scale of West Ham's borrowing. "If there was any other club in this situation, then we would not be buying it. We bought this as supporters, not from a business point of view." CB Holding.... read more