Sullivan and Gold do not want to sell West Ham as informal approach rejected
West Ham owners David Sullivan and David Gold have rejected an “informal approach” to buy the club, according to Sky Sports.
The broadcaster claims it was turned down because they didn’t feel as though it was in the best interests of the club, supporters and shareholders while they were also concerned about it being viewed as more a “property deal” than a football one.
It is understood that the reported approach failed to include proof of funds and there was no mention of investment in the squad.
The newspaper claimed that a £400million bid had been made, which sounds different to an “informal approach”.
It was also reported that David Moyes would have been handed a big transfer budget if that takeover was to happen.
However, there are similarities in the fact that ex-QPR chief executive Philip Beard was named as someone with an interest in investing in the Hammers and that Sullivan had turned down the offer.
It remains to be seen what will happen next but the current West Ham owners do not seem keen to sell up.
We’ve got to give them some credit for re-hiring Moyes after Manuel Pellegrini left because ever since then, it’s all been very rosy in East London.
But ultimately, the good work that has happened since Moyes’ return has been down to Moyes, the coaches and the players.
The best thing Sullivan did was step back from transfers.
Either way, it would still be nice to see them gone.
In other West Ham news, the Irons are keen to sign this 26-year-old after he was a mainstay for Barcelona last season.