West Ham United statement

WH Holding, the parent company of West Ham United, is pleased to announce that it has appointed Shore Capital and Corporate to conduct a fundraising for the club of £20-40m. The purpose of the fundraising is to strengthen the club's balance sheet.

The fundraising is not open to the general public, but the club will consider whether in due course to enable a wider participation by retail investors.

David Sullivan, West Ham United joint-chairman, said: "These are exciting times for the club and David Gold and I have a clear vision to take us forward. We are looking for people to share in the adventure. This is a big challenge but we are going to make West Ham great again."

Karren Brady, West Ham United vice-chairman, said: "Although this fundraising is initially aimed at professional investors, I would love to be able to bring in our loyal and fantastic fan base as investors further down the line so that they can share in the club's great future, on and off the pitch. This is an option which we have seriously under review."

For more information, contact [email protected]