West Ham United vice-chairman Karren Brady may have let slip the huge valuation placed on the club by co-owners David Sullivan and David Gold… on her personal website.
ExWHUemployee says West Ham takeover claims are true as US consortiums and Qatari group show interest
The atmosphere surrounding West Ham has turned toxic a week before the new season begins.
West Ham fans were already angry at the lack of investment in the squad.
And when Sullivan and Gold sanctioned the sale of young star Grady Diangana – against the wishes of David Moyes (Daily Mail) – it sparked a furious reaction from supporters AND players, led by captain Mark Noble.
New West Ham takeover rumours emerge
There was a glimmer of hope for West Ham fans last week when takeover talk re-emerged.
Reliable insider ExWHUemployee confirmed there is interest from two US consortiums and a group of Qatari businessmen (The West Ham Way podcast).
But he also said Sullivan and Gold’s huge valuation of the club was a major sticking point.
“There’s definitely been interest,” ExWHUemployee said on The West Ham Way podcast on September 2nd 2020.
Insider hinted at Sullivan and Gold’s huge valuation putting off potential bids
“However there has been no bid formally submitted. David Sullivan would be very reluctant, I believe he is not interested in selling the club before 2023.
“If he did sell it before then it would be for a large figure. (It is) a figure I have heard, and a figure that in my opinion is too high for the valuation of West Ham.
“It is felt the ground could be officially handed to us by then (2023). I wouldn’t get hopes up on a bid soon. I do believe the figure is too high particularly at this current time as well. They are looking for investors… they would welcome that.”
While ExWHUemployee was reluctant to name the valuation, has it been revealed on vice-chairman Brady’s personal website?
In the biography section of karrenbrady.com it lists West Ham as being worth an eye-watering £800 million.
Brady’s website lists valuation which is a whopping 700% mark up
That is 700% mark up on what Sullivan and Gold paid for West Ham a decade ago.
And that is despite West Ham not owning their own ground, having poor quality training facilities by Premier League standards and possessing just one high value playing asset in Declan Rice.
It also comes after Mike Ashley struggled to get the £300m he wanted for Newcastle United.
“Voted Business Woman of the Year, Ultimate Entrepreneur and rated among the 50 most inspirational people in the world, she is passionate about business and the promotion of women in business in the UK,” Brady’s website states.
“Karren is CEO of West Ham United Football Club, one of the leading London Premier League football clubs and currently valued at £800,000,000. She has also previously been a key consultant for Syco Entertainment, a company jointly owned by Simon Cowell and Sony Music Entertainment.
“Having turned Birmingham City around, Karren sold the club in 2009 for £82,000,000. She joined the board of West Ham United in January 2010, and negotiated a successful bid for the club’s move to London’s iconic 60,000-seat Olympic Stadium. Under her leadership, West Ham has become one of the five fastest-growing brands in world football.”