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US takeover rumours lack substance

Rumours of a reignited US takeover of West Ham continue to lack any real substance, recent reports have resurfaced over the International break but nothing has changed to warrant these reports. US billionaire Michael Dell is the latest name to be thrown in the ring after his company MSD Holdings loaned the Hammers £120m over five years.  In reality, his investment company has loaned money to a number of football clubs including Derby County, Sunderland, Burnley and Southampton and appears to have no interest in takeovers and it focuses on the profit it makes loaning money to football clubs .

American investor Joseph DaGrosa, chairman of Kapital Football Group (KFG) is another name frequently mentioned but as he said Southampton was too expensive he is unlikely to be a serious suitor for the Hammers who is valued far higher.

American billionaire Todd Boehly is another name alongside an unnamed US consortium is supposed to include 10% share holder Tripp Smith.

Perhaps the most bizarre rumour is American talent and sports agency CAA who are based in Los Angeles, California.

None of these names is new and all have had plenty of time to make their move with a formal approach or even go public to get supporters onside.

Claret and Hugh understand no serious bids have been received in the last twelve months and nothing has changed in recent weeks.

 

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

One comment on “US takeover rumours lack substance

  1. I believe GSB are unlikely to sell in the short term when the prospect of a place in Europe is on offer. If successful in qualifying for the Champions League the income potential, even for one season, is vast. I can’t see them walking away from that.
    David Moyes has transformed the fortunes of the Club. His mission is not yet complete and I believe he will add further value next season as the team develops and progresses. When the time is right for them they will sell. But make no mistake it will be on their terms for the absolute maximum profit.

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