West Ham United’s owners will never sell the club to PAI Capital according to a report from the Evening Standard.
PAI Capital released their highly anticipated statement yesterday regarding their plan to take over the Hammers and their hopes of owning the London Stadium outright.
In the statement, PAI confirmed that they have reached the core principles of agreement with LLDC regarding a long term lease over the London Stadium that would see PAI taking full control of the Stadium.
Whilst they didn’t reveal any kind of plans for investing into the team, many West Ham fans were pleased with the news that should PAI come in as our new owners, we would then own the stadium outright.
West Ham won’t sell to PAI Capital
The Hammers fans who were excited by yesterday’s statement will have to calm themselves down if a report from the Evening Standard is to be believed.
David Sullivan and David Gold will allegedly never sell to PAI Capital.
That is because GSB believe that PAI are property investors and not fit to be football owners. Talk about the pot calling the kettle black!
Well, unless PAI come in with an offer that exceeds GSB’s valuation of the club, or matches it at the very least, it seems as though Sullivan, Gold and Karren Brady won’t be going anywhere.
Until 2023 at least.
Who knows what will happen. All of this just seems rather bizarre at the moment if we’re honest.
Both sides are accusing the other of not being truthful.
Only time will tell as to which party is actually being the most honest, however.