West Ham Joint Chairman David Sullivan has dismissed an informal approach to buy the club as “derisory” and says he has “no desire” to sell West Ham United to a consortium after being quoted by the BBC
“The offer was derisory,” Sullivan explained..
“They never produced any proof of funds and were looking to raise funds to do the deal.”
Sullivan says he felt it was a “property not a football deal” and that the “vague proposal was not in the best interests of West Ham, its shareholders or supporters”.
A Daily Mail report suggested the consortium was prepared to give manager David Moyes funds to strengthen his squad.
However, Sullivan said: “At no time did they mention any money being available for new players.”
Sullivan said: “We have no desire to sell the club but get approached by many weird and wonderful people who lack the funds and have no experience in running a football club.
“Mr Beard did a truly exceptional job at QPR working with Tony Fernandes. Having done so well there he no doubt wanted to repeat the success at West Ham.”
ClaretandHugh says: Time and again it gets mentioned. Time and again it gets denied and the simple fact appears to be that neither David Sullivan or David Gold have any desire to sell West Ham United. We had stories of an American consortium being ready to move in last year and it didn’t happen. And until any of those involved in the attempted takeover this time around come out and state their case of position now we will need to accept the version of events as given. One has to wonder whether with the pandemic allegedly devastating football’s finances whether this is the right time for a takeover anyway.