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West Ham bank deal 'not certain'

20 Apr 2009 13:32:58

West Ham bank deal 'not certain'

A takeover of football club West Ham United by Icelandic bank Straumur looks unlikely at present, the BBC has learnt from industry insiders.Reports had indicated that Straumur was poised to take on ownership of the club from its owner Bjorgolfur Gudmundsson. But Straumur is restructuring and at an effective business standstill. The BBC also understands that any potential takeover by the bank in the future is only one of a number of options that West Ham is considering. 'One option' On.... read more


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