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HEADLINES:

West Ham chief hit by cash blow


07.10.08

West Ham insisted today it was business as usual after the bank controlled by the club's chairman Bjorgolfur Gudmundsson went into receivership.

Landsbanki, Iceland's second-largest bank, is the latest victim of the meltdown which has engulfed the world's money markets.

But Hammers sources stress Gudmundsson has diverse business interests and the club will be unaffected.

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