HISTORY BEGINS IN
0
0
0
DAYS
0
0
HRS
0
0
MINS
0
0
SECS
Forgot Password
Friday 13 August Updated Wednesday 18 February

Further funds raised

W H Holding, the parent company of West Ham United, is pleased to announce the club has raised £4m in new equity through a placing of shares, primarily with new investors.

The proceeds will partly be used to buy in some of the shareholding of CB Holding EHF, with the balance available to fund the further development of the club on and off the pitch. The placing was conducted by Shore Capital and Corporate Limited.

The new investors are John Harris CBE and Daniel Harris, and Terence Brown, former Chairman of the club. Daniel Harris is joining the board and Terence Brown is becoming Honorary Life President of the club. David Sullivan and David Gold also subscribed for further shares.

Terence Brown is well known to supporters having been involved with the Club for many years. Father and son John and Daniel Harris are lifelong supporters of West Ham and will also be known to many supporters. They previously built up the publicly listed Alba Group, which was founded by John Harris, and currently run Harvard Medical Devices.

Daniel Harris said: "My father and I have considered investing in West Ham on a number of occasions. We chose to do so now because we have confidence in the new management team and believe they are capable of fulfilling West Ham's exciting potential. We look forward to the future success of the club."

Related News
DON'T MISS
Reaction
Cresswell - 'We're buzzing'
Cresswell - 'We're buzzing'
West Ham TV
Hammer Time with Brooking, Noble and Dyer
Hammer Time with Brooking, Noble and Dyer
Reaction
Big Sam hails 'biggest win of the season'
Big Sam hails 'biggest win of the season'
Boleyn Hospitality
Go for glory with your team at the Boleyn Ground
Go for glory with your team at the Boleyn Ground
First Team
Amalfitano pens new deal
Amalfitano pens new deal
Opinion
Cresswell tipped for HOTY honours
Cresswell tipped for HOTY honours
Spire Roding Hospital
Saturday 21 March 17:30Boleyn Ground
1 - 0