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US tycoon leads 100 m pound bid to buy UK club West Ham |
The London-based Inter-market Group began negotiations on Friday night and are confident of landing the club in time to hand boss Gianfranco Zola a substantial budget for the January transfer window. According to The News of The World, the multinational consortium is made up of wealthy West Ham fans and is led by Inter-market Group chief executive and Wall Street mogul, Jim Bowe.
Bowe is the former head of the New York Board of Trade and is a hugely successful
businessman in his own right. He was recruited specifically to oversee the deal
and the group made contact with Andrew Bernhardt, chairman of CB Holdings, the
company that runs West Ham. The bid is being prepared in New York. "My colleagues
and I have been approached by the consortium with the aim of buying West Ham in
its entirety. We are not interested in just taking on the debt, or securing a
percentage. We want to get West Ham back on track for the upper echelons of the
Premier League," Bowe was quoted, as saying. "We want what the fans want and there
is no restriction on us as to how we achieve that aim. We are in the early stages
of our discussions with the club. But we are optimistic that we can develop a
proposal that will benefit all parties. The best deal is the deal where everyone
feels that they've won," he added. "The consortium comprises West Ham supporters
who have made serious money in the City, the United States and elsewhere and who
see the potential in the club, its fan base, academy and playing staff. The people
involved have the money required, and, more importantly, the right sentiments,"
he said. |
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