Congratulations to Matthew Upson for his goal and performance against Germany. And wasn’t it nice to see Craig Bellamy bag a great goal for Wales? One on Sunday at Sunderland would be nice too!
All the papers have been full of speculation in the last couple of days about the future ownership of West Ham. The Holding Company, Hansa, has gone into administration, which has no direct effect on the day to day operation of the club, but is a very worrying development, nonetheless. It shows why two of the directors felt the need to resign recently for personal liability reasons.
Everything points to the fact that the club will, sooner or later, be sold. The longer it takes, the more desperate the board will be, and buyers clearly know this So they will take their time. The price is said to be £150 million, not far off twice the sum the Icelanders paid only two years ago. In a normal market, this would not be an unreasonable price, but we are not in normal circumstances. The papers have been remarkably free of speculation about the identity of potential buyers. You can interpret this in one of two ways. Either it is a good sign of a leakproof sale process. Or that there are no buyers’ names to leak.
I have no idea which is true.