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Nice try but PAI no cigar

The West Ham takeover that never was is now official over before it began….if that makes sense.

In February this year, the little known investment vehicle called PAI Capital approached West Ham majority shareholder David Sullivan.

That informal approach was rejected as a property deal with no formal bid nor legal proof of funds provided say club insiders.

Despite all the talking to the media and ill-conceived press statements, a senior club insider claims they never heard from the outfit again after that initial contact.

Anton and Rio Ferdinand must be feeling a bit stupid right now in the way they were taken in by the phantom takeover group.

My real sympathy goes out to Tony Cottee who must be feeling he was duped into believing the master plan.

He continues to work with the club in a media role showing the owners hold no ill-feeling towards the former Hammers hero.

It is probably no consequence that PAI decided to release yet another meaningless press statement today, they went as they came in by doing their talking through the media.

Hopefully, this is the last we have hear their name, time to move on, nothing to see here.

Nice try – well ‘ish’ – but no cigar PAI!

 

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About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter

2 comments on “Nice try but PAI no cigar

  1. Nice try but it’s all PAI in the sky.

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