Financial meltdown hits West Ham
By: Ted | October 8th, 2008
Today for the first time our current economic woes became worth talking about, with the news that West Ham will not be able to spend money on new players any time soon. This news was followed by several reassurances from club insiders that the chairman still has significant resources and a commitment to invest in the club. However, recently the club has consistently taken less than a day to contradict its own statements, and quash newspaper reports that have invariably been proven to be true. Our chairman’s home country of Iceland has been suffering an economic crisis of astronomical proportions. It was only a short time before its largest bank, Landsbanki, our owner’s most important asset went under. Now he has been fired as its chairman, and the summer transfer activity is becoming harder and harder to defend as shrewd business, and looking more and more like a way to make some fast cash, or even asset stripping. Well, I for say that because these owners are not West Ham through and through, all I care about is their money. If they don’t have enough, then it’s time to move on. There has been talk about a certain Indian who is the world’s sixth richest man taking over. Noone is doing all to well at the minute, but this guy has more dough than Abramovic, so I would welcome him. West Ham was a club that up until not too long ago had had less than ten managers and essentially the same families owning it for its entire history. Although I liked that kind of loyaly and stability, it seems a long time ago now. So the club must move on. If the Icelanders can’t guarantee any kind of investment then hopefully some rich fatcats will come in and show some sense and a lot of green to bring some long overdue glory to West Ham. The club might be a pretty attractive proposition at the moment, being located in London and possibly available at a knockdown price. In any event, the worldwide financial crisis just got serious.
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Comments
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so with the crisis and all do you think Behrami could be sold?
i don’t usually give much thought to stuff posted on goal but this interests me as its looking like there could be some truth to it: http://www.goal.com/en/Articolo.aspx?ContenutoId=916805
how much do you think he’s worth?Posted from
Belgium
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I dont know if Behrami would be interested in taking a step down at this point in his career
Posted from
United States -
u never know playing in europe could tempt him
Posted from
Spain -
not when you’re losing against semi-professional teams from Romania
Posted from
United States
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