West Ham has been subject to a potential takeover in recent weeks after it emerged a consortium by the name of PAI Capital were interested in buying the club.
Reports of an official bid were believed to be wide of the mark as current owners David Gold and David Sullivan continue to insist the Hammers are not for sale.
On the field, the Irons are preparing to embark on a season containing Europa League football, albeit further activity is required before the end of the transfer market.
Former QPR chief executive and head of the takeover group, Philip Beard, appeared on talkSPORT on Monday to face questions surrounding the intentions.
Twitter:
“With the right investment we can improve the stadium.”
“We’d create activities in the Olympic Park to generat… https://t.co/noePA5S5Lf (@talkSPORT)
Beard also stated that a bid had been made, however, the current occupants hold the club at a ‘much higher value’ than the perceived ‘realistic valuation’.
Beard added: added: “We are preparing a second bid. My key message is we are serious about this.”
READ WEST HAM VERDICT
On the face of matters, it would seem the group have the club’s best intentions at heart – with talk of on-field investment being high on the list of priorities.
The stadium and its uses seems to be another topic high on Beard’s agenda – a situation that has wrangled with many Hammers since moving from the Boleyn Ground.
Whether or not the takeover is a possibility remains to be seen, but uncertainty over the ownership cannot help matters when it comes to helping David Moyes with investment now, something that is desperately required before August 31.
