web analytics

Fernandes’ ridiculous offer for Irons!

BradyTony Fernandes wanted  to buy West Ham for nothing declaring it would be worth 100 per cent more with him running it than David Gold and David Sullivan!

The Championship outfit is of course now £65 million in debt and facing a seriously worrying future – so thanks for that TF!

Karren Brady – writing in her national newspaper column today – said: “Whenever I hear the name Tony Fernandes I do have to smile. He once offered David Sullivan and I the chance to go into business with him.

He offered to buy half our club for nothing, on the basis that it would be worth more with him running it, than 100 per cent would be worth with us running it. We politely declined!

What he didn’t understand is football is not like running a normal business and many talented people have failed to be even moderately successful in football. In numerous cases, from Derby to Palace, the club has taken the owner’s entire wealth and left them with nothing.

Start supporting Claret and Hugh today Claret & Hugh’s team of creators work with passion and pride to bring you the quality of content that keeps you coming back for more. Support for our creators, however big or small, will help us keep your Hammers content fresh, frequent and loyal to the club. £5 per month £10 per month £20 per month £50 per year

West Ham, on the other hand, will be posting profits this year and our revenues are now the eighth highest in the Prem.

Plus we are moving to the third largest stadium in the PL in 2016 and turnover is up over £120million.

Some say that if you want to make a small fortune out of football, start with a large one!”

Click Here for Comments >

About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon