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Report: Americans consider third Hammers bid

The American consortium bidding to take control of West Ham are planning another bid for the club after seeing their second offer rejected.

Per The Guardian, the group made a first offer of £350m that was knocked back, before returning with a £400m offer that has also been snubbed by David Gold and David Sullivan.

They have now entered a cooling-off period following their two bids, but are said to be monitoring developments with a view to making another offer.

They have insisted that their interest is genuine, per the report, and are aware that they could capitalise on a delicate situation if results do not pick up across the next month.

The sale of Grady Diangana to West Brom has only served to inflame tensions and has led to protests from fans.

Nevertheless, the group are said to be acutely aware of how difficult it will be to buy West Ham, especially considering Gold and Sullivan will have to pay a fine if they sell the club for more than £300m before 2023.

The prospective new owners, though, are said to think they can strike a deal that would see the pair compensated properly and receive a return on their investment.

The club has claimed throughout that there has been no proof of funds provided.

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About Dave Langton

A journalist with 10 years' experience of working on National newspapers, now chief reporter covering the club that I've loved since I was a boy. Upton Park remains the greatest football stadium ever built.

2 comments on “Report: Americans consider third Hammers bid

  1. This sounds a typical consortium that says all the right things to get the fans on side.
    New ground within 24 months , really, it took Arsenal and Spurs 4 years to get planning in London and then 2 years to build.
    Oh and what about the 100 year lease ? 250m plus to buy there way out of that? Me thinks not.
    Timing of this all seems a bit funny and perfect for the media to whip up even more disharmony.

  2. The media really have it in for WHU don’t they! It’s about time WHU gives them something to really cry about – like victories week in, week out! And shutting the likes of that muppet Bent up whilst we’re at it. Anyway, on to any potential takeover – the investors must provide proof of funds and a detailed business plan at the very least. If they come in with a figure and are unable to back it up with the aforementioned, it’s only right to stay well clear of them. Irrespective of the current ownership fiasco we have going on these days, the club should only ever be sold to investors who are hungry to succeed and want to build onwards and upwards. Any talk of a new stadium would be a nonsense straight away. The LS is a brand in itself and that’s one of the reasons investors will be interested. As for dodgy owners, we’ve had our fair share of them – Brown being one of the most moronic and greedy of them all, not to mention the Icelandic dudes. The new owners must ensure we will never be a selling club, will invest in the squad from top to bottom and ensure we have every chance of competing. We don’t want to be another Watford, saking managers willynilly and getting relegated through bad decisions. Even worse, Leyton Orient with their previous Italian owner who got them relegated through his misdealings and pathetic attitude. Yes, our owners need to wake up to reality and show us fans more respect, and Yes, I’ve come to realise they haven’t really backed up what they said they’d do several years ago (apart from rescuing us from administration and backing MP under fan pressure), but the club must be diligent and ensure any new ownership can meet every single requirement. Once that is achieved, I welcome any new ownership that can take us forward for sure!

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