West Ham are in dire straits at the moment.
Manuel Pellegrini and his players have received plenty of criticism from the fans and the media.
But should the blame be aimed at the owners?
David Sullivan and David Gold have spent heavily over the past two years, but they have also recouped a lot of money by selling players.
The general consensus is that West Ham will not really progress until they are under new ambitious ownership.
As things stand, however, it seems as if Sullivan and Gold are going nowhere anytime soon.
And according to Football.London, one of the main reasons for that is Sullivan’s extortionate £600 million valuation of the football club.
This really does highlight the 70-year-old’s utter delusion.
The Hammers do not even own their own stadium, and it is clear to see that nobody in their right mind would pay that much for a football club who have achieved next to zero success over the past 39 years.
In order for the east London outfit to move on and start challenging for the top four, they need to be led in a new direction by a fresh team of owners.
That’s looking highly unlikely at the moment, however.
Either the West Ham owners lower their valuation, or they remain in control and continue to oversee mediocrity.