ExWHUemployee has delivered an update on a potential West Ham United takeover amidst recent reports suggesting that American billionaire Joseph DaGrosa could be eyeing up a bid for the East London club.
The Athletic claimed last week that DaGrosa is considering switching attention from taking over Southampton to the Hammers.
DaGrosa’s Kapital Football Group has told Southampton’s majority owner Gao Jisheng to lower his price for the club, according to a report from the Athletic.
It is suggested that the American billionaire could switch his attention to West Ham if talks with the Saints fail to progress (Athletic).
ExWHUemployee delivers West Ham takeover update
And DaGrosa himself told Off The Pitch yesterday that he could buy a Premier League club right now if he wanted to.
ExWHUemployee cleared up the situation when speaking on the West Ham Way podcast last night (Wednesday, February 17th):
“There’s talk of a takeover. David Sullivan has been quoted as saying that he would only sell the club for approximately £600 million which is the figure that I have said before. I would say it probably is true. That’s the figure that I was given but I don’t think that there are any parties that are prepared to pay that much for West Ham. He (Sullivan) is possibly over-valuing us, particularly because we don’t own the stadium. So I can’t see anyone coming up with that, I think they’ll be here until at least 2023.”
The West Ham fans have become disillusioned with the ownership of David Sullivan and David Gold.
The day to day running of the Hammers has been shambolic to say the least over the past few years.
The sooner that GSB move on the better for West Ham.
Whether Joseph DaGrosa is the answer, however, is another matter entirely. Let’s just hope that whoever takes over the club eventually has the right intentions and the ambition needed to take the Hammers to the next level.