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Report: US consortium ready to come back in with fresh offer for West Ham after rejected £350m bid
Photo by Catherine Ivill - AMA/Getty Images

Report: US consortium ready to come back in with fresh offer for West Ham after rejected £350m bid

According to a report from the Guardian, an American consortium are set to step up their interest in taking over West Ham after they saw their £350 million bid rejected for the club last month.

Opinion: Moyes has actually benefitted from West Ham fans’ constant beef with owners

Tensions are running high between the board and the fans at the London Stadium at the moment.

They reached boiling point a couple of weeks ago when Grady Diangana was sold to West Brom.

Even if West Ham made a couple of good signings between now and when the transfer window slams shut, it could be argued that the owners’ relationship with the fans is beyond repair.

Karren Brady, David Gold and David Sullivan (Photo by Michael Regan/Getty Images)

The Hammers faithful are desperate for new owners to take over and invest in the club. David Moyes surely is as well.

And the Guardian claims that that could be a very real possibility. They suggest a mystery American consortium, who are involved in US sport, lodged a £350 million bid for West Ham last month.

Their offer was based the proposed £300m takeover of Newcastle by a Saudi Arabian consortium plus an extra £50 million because of the Hammers’ London location.

David Gold, Karren Brady and David Sullivan (Photo credit should read IAN KINGTON/AFP via Getty Images)

Another bid incoming?

The Guardian reckon a fresh bid is expected next month. It will have to be a huge increase on their opening offer, however, if they are to match Sullivan’s eye-watering £800 million valuation of the club (Claret and Hugh).

Some common ground clearly needs to be found. We don’t even own our stadium! £500-600 million seems like a more realistic price. But it just remains to be seen whether the US consortium are ready to splash that kind of cash on the Hammers.

We desperately need new ownership if we are to kick on and realise our undoubtedly massive potential. Let’s just hope that it could be just around the corner. There is hope on the horizon. This football club will outlast the three who have ruined it almost beyond repair. We will bounce back and become bigger, better and stronger than ever before.

The bad new is that that process may be a long and arduous one.