• West Ham bid to raise £40million

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its a crying shame, that a family club like west ham has been royally turned over by icelandic/delusional money management and got way in over their heads. when they go down the medicine is going to hard to take, once in the championship they wont be back in undern 7 years. the place will implode due to the financials. tragic/comical even.

- Mike, north london ,, 08/03/2010 09:51
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get rid of sullivan see what he did to birmingham
martin
ireland

- Martin, navan co meath ireland, 10/02/2010 00:25
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Armaggedon as in armageddon out of here?

- Alan, Chigwell., 09/02/2010 22:25
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Thanks Paul. Got the lottery numbers as well or are you strictly a pools man?

- Stu, Beckton, 09/02/2010 17:47
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Never understood why buy something with a massive debt tied to it ?
Where's the logic in that ?

- Joe, Swanley Kent, 09/02/2010 17:12
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Armageddon.........starring Gold and Sulliven.......

- Dave, Portugal, 09/02/2010 16:04
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Gold and Sullivan will make their money at West Ham and then leave, they will get their move to a rented Olympic Stadium and trouser the money for the sale of the Boleyn Ground.

I can see a big shock ahead for West Ham fans when they get their season ticket renewal forms

- Paul, Ealing, 09/02/2010 15:49
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Gaz, your point is a valid one and all makes sense... apart from the bit where you infer that Brown was a good chairman.

Brown did not put one penny of his own money into West Ham, he made absolutely fortunes off the back of the club and he said he'd only sell the club he "loved" if someone who could take it forward and, and I quote, "do a better job" came along.

Clearly he looked long and hard at that one once the offer was made to him.

Brown was a terrible chairman and an appalling man. Even with the disasters that have followed I'd rather anything (within reason) than us have him back.

- Stu, Beckton, 09/02/2010 13:08
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Perhaps all the Wenger haters should consider the plight of the Hammers. In 2006 they had debts of £20 million and Chairman Brown was critisised for selling players and being frugal. West Ham tried to buy success. Huge contracts were awarded to players as the Icelandic brigade courted media praise. West Ham won nothing and now have debts of 110 million and are a good bet for relegation. If Arsene gets it wrong, the club won't win a trophy this year but they will remain solvent. West Ham supporters would love this kind of "failure" Wenger cannot compete financially with Chelsea and Man City and is thus obliged to develop a more nuanced approach to building success. He might be right; who knows? But he obviously won't be influenced by headlines or armchair critics. And why should he?

- Gaz, n7, 09/02/2010 12:44
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Football clubs are seldom run as profit led businesses they need owners with deep pockets and big egos to win and do well at any cost Sullivan & Gold did well with birminham because they bought a small club and built it up in a proper old fashion business way they now find themselves with a big club that needs wholesale change from top to bottom but still win games and stay in the primier league with huge debts and losing money every week a huge challenge ahead time will tell if they can turn this around and survive

- Jack, MAYFAIR LONDON, 09/02/2010 11:12
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Answers on a postcard...

- Stu, Beckton, 09/02/2010 10:57
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He must have known how bad the finances were before he took over so this is just a smoke-screen (and if he didn't do a full due-diligence check pre-purchase then he's a complete fool!).

What will he do if the staff insist the club honours their contract and pays what it says? He can ask that they to voluntarily take a pay cut but but if they refuse I doubt that there's much he can do (and I doubt he'd want to pay a load of lawyers for a series of employment tribunals).

Instead of mucking about & talking the club down he should either be vocally supporting them or he should belt up!

- Ian, London, 09/02/2010 10:48
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What is happening down at Upton Park
Sullivan & Gold must have known that what had a huge debt the club had when they bought it
Players are highly ovetpaid for kicking a football around a big green field.
But blame the stupid Icelantic idiots who bought in players on £50K to £60K a week and players like
Matthew thinks he is England quality well the mistake he made
against Burney I would expect a 12 year old to make

Just sell him & Green in the Summer to whoever wants to take them on with high wages.

All the fans want to see is the hammers Winning
What the hell has gone wrong this season

Last season finishing in 9th Place and here we are struggling to avoid relegation

I think that Zola & Clark are to soft on the players

I am fed up seeing bad news about West Ham in the papers every day
They Love it (Nothing else to print)

Maybe Tony Fernadies might have second thoughts and buy the over 50% of the club
Sort things out Mr Sullivan & Mr Gould your like
Morcambe & Wise

- Bobby O, london, 09/02/2010 08:56
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