West Ham United’s Icelandic owners are hoping for a three months’ breathing space to complete the sale of the club. Talks have been held with five potential bidders, including an Asian consortium, but no firm offer has yet been made. A creditor, who is owed about £4m, has been seeking to freeze some of the assets of Bjorgolfur Gudmansson, the club’s owner. A court in Reyjkavik adjourned its decision after a hearing last Friday. The takeover process, which it is hoped can be completed by the summer, is being led by banks owed money by the club.
West Ham United’s Icelandic owners are hoping for a three months’ breathing space to complete the sale of the club. Talks have been held with five potential bidders, including an Asian consortium, but no firm offer has yet been made. A creditor, who is owed about £4m, has been seeking to freeze some of the assets of Bjorgolfur Gudmansson, the club’s owner. A court in Reyjkavik adjourned its decision after a hearing last Friday. The takeover process, which it is hoped can be completed by the summer, is being led by banks owed money by the club.