ON 18 August 2005, Media Sports Investments Limited ("MSI") announced that Kia Joorabchian and his consortium are interested in making an offer for West Ham United. This follows recent speculation in the press, which has continued since the announcement was made.
There is currently no proposal for the Board to consider.
The Board can assure shareholders of West Ham United and fans of the club that, should any proposal be made in the future which could result in a change of control, the Board will take into account all relevant considerations, including the status of the potential offeror as well as the value and financial structure of any offer and any impact these considerations may have on the future operation of the football club.
In the meantime, the shareholders of West Ham United and fans of the club may be assured that the club remains active in the transfer market and will take advantage of appropriate opportunities to strengthen its squad.
Press Speculation Regarding A Possible Offer For The Club