By ClaretandHugh staff reporters
Two Chinese ‘parties’ are said to have joined the battle for control of West Ham as the American consortium which has failed with two bids muses over its next move to get the club.
A Twitter user calling himself Secret Agent – who was responsible for first revealing on Spencer Owen’s YouTube of the American interest – claims in an update the Chinese have entered the fray and that club is to have new owners this year.
The self-styled ITK who claims to have worked for a football agency for 12 years said there’s further interest in #WHUFC since the owners have refused to entirely kill off the bidding war.
He adds: ” 2 Chinese parties. * Americans to bid again imminently. * WH legend helping to negotiate the deals and will take board seat. * Offer accepted in the next 2/3 wks. * Club to have new owners this year.”
The Chinese connection, however, looks very unlikely as the Premier League with tensions aflame between themselves and the country.
The league actually terminated their broadcasting rights deal with Chinese digital broadcaster PPTV at the start of the month.
The Financial Times reported at the time that the deal was worth a total of $700m (£539.8m) and was “abruptly terminated”.
That deal had been set to expire in 2022, and its cancellation was sparked by PPTV withholding payment to the league when the division was shut down by COVID.
Secret Agent’s claim that we could have new owners this year also seems miles wide of the mark given the various issues involved.
Mike Ashley’s hopes of selling Newcastle crashed after months of negotiations and such considerations as the 2023 clause on Hammers paybacks to Government in the event of a sale has to be considered.
There’s also the question of the takeover price, should the Hammers collapse into the Championship along with uncertainty that Gold and Sullivan are ready to sell at all!
Should such complicated issues be settled the Americans are well to the fore in any takeover with the mystery bidders