February 5 – West Ham United have announced that they will undertake a fundraising programme to raise up to £40 million to strengthen the club’s financial position.
WH Holding, the club’s parent company, have appointed Shore Capital and Corporate to help attract professional investors and reduce the Premier League club’s debt of £100 million.
West Ham joint chairman David Sullivan told the club’s official website: “These are exciting times for the club and [co-chairman] David Gold and I have a clear vision to take us forward.
“We are looking for people to share in the adventure.
“This is a big challenge but we are going to make West Ham great again.”
Karren Brady, the Hammers’ vice-chairman added: “Although this fundraising is initially aimed at professional investors, I would love to bring in our loyal and fantastic fan base as investors further down the line so that they can share in the club’s great future, on and off the pitch.
“This is an option which we have seriously under review.”
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