Vital Football

Latest West Ham United News

Take Over Another Step Forward

Take Over Another Step Forward

Israeli businessman Eli Papoushado has confirmed he would back Kia Joorabchian if he succeeded in a takeover at West Ham.

Joorabchian paid for the club's signing of Argentinians Carlos Tevez and Javier Mascherano, and the deal seems on.

Joorabchian was reported to be looking for partners to help fund his £100million bid, of which £70million is needed to buy shares and £30million to clear the Hammers' debt.

Papoushado: 'This is to confirm that Mr Kia Joorabchian has spoken to me about leading a consortium of investors in football projects.

'After considerable thought, I have agreed to participate if Kia decides to go forward with any such project.

'I would like to confirm that I will not be taking part in any management but will be solely an investor.

'This statement does not suggest that there will or will not be a project in the near future, just a clarification of reports about my involvement as a potential investor with Mr Kia Joorabchian.'

Click here to join in the debate on the club forum.

Date:Friday September 22 2006
Time: 1:57PM


At least if they take over you'll be devoid of debt. As opposed to Man USA who were saddled with millions of it.
22/09/2006 15:46:00
Page 1/1
  1. 1

Login to post a comment

Recent West Ham United Articles

One Week On From That Day

It`s a week since our fine club hit the headlines for all the wrong reasons.

Who Makes Southgate's Squad For March

England manager Gareth Southgate has now confirmed his squad for the upcoming games in the month of March.

Noble Won`t Face Action After Grappling with a Fan

The sight of Mark Noble grappling with a pitch invader kind of summed up the madness of Saturday.

Gold Left in Tears After Fans Actions

The events of Saturday afternoon continue as you`d expect, this Monday morning, to generate column inches.

West Ham United Archived Articles

Vital West Ham articles from

Site Journalists

Editor email

Current Poll (see more polls)

Can the Move to the London Stadium Be Made to Work?
Suggested By: rossy
ScoopDragon Premier League Network Sites
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent West Ham United Results (view all)

West Ham United Fixtures

The Vital Football Members League