Tuesday, October 24, 2006
Hammers Deal Close
The next week could be a crucial one in the history of West Ham, with the board eager to make a decision on a proposed takeover in order to bring some stability to a season that is rapidly turning sour.
The chairman, Terry Brown, and chief executive, Paul Aldridge, are keen to tie up a deal in order to end speculation over the fate of the manager, Alan Pardew, but may wait until the summer if nothing is sealed in the next 10 days. Their haste suggests that the consortium led by Kia Joorabchian is favoured within Upton Park. Brown has not yet met Eggert Magnusson, the head of the rival Icelandic-backed bid, and has no plans to do so.
Further meetings with Joorabchian, whose main backer is the Israeli property magnate Eli Papouchado, are imminent.