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West Ham Buyout Talks Begin


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Oh Dear this is the price for Tevez and Mascherano coming in... :no:

West Ham are having "exploratory discussions" over a possible takeover.

The move comes hot on the heels of the club luring Argentine pair Carlos Tevez and Javier Mascherano to the club.

"Discussions are at an early stage and there can be no certainty that an offer for West Ham will be forthcoming," said a club statement to the Stock Exchange.

"The board also confirms that there is no contractual link between the signing of the players (Tevez and Mascherano) and the bid discussions."

Media Sports Investment (MSI) owned the rights to the Argentine stars, who signed from Corinthians on transfer deadline day.

MSI have a stake in the Brazilian club and Kia Joorabchian is the company's president.

MSI pulled out of a potential takeover of the Hammers in November 2005 after failing to agree a price with the club's directors.

West Ham would not be drawn on revealing who they were in discussions with about the possible takeover.

But Joorabchian told BBC Radio Five Live on Thursday: "MSI is a company that will not invest in European football as such by investing in a club, so that speculation is out for sure."

(BBC)

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