20 per cent of West Ham has been put up for sale in an effort to reduce the club’s debts. These stand at £110m, although half of that amount is owed to the owners.
West Ham was valued at £110m in 2010, but with the impending move to the Olympic Stadium, its value is now estimated at £400m, although that figure may be on the high side.
20 per cent of West Ham has been put up for sale in an effort to reduce the club’s debts. These stand at £110m, although half of that amount is owed to the owners.
West Ham was valued at £110m in 2010, but with the impending move to the Olympic Stadium, its value is now estimated at £400m, although that figure may be on the high side.
The interesting question is why someone should want to buy 20 per cent of a football club? With a conventional company, one might do so for the income stream from dividends or, more likely, in the hope of capital appreciation.
A 20 per cent stake is hardly a trophy investment, but it could be taken by someone interested in increasing their stake in the club in the long run and gaining knowledge and experience of it in the meantime.