don't need to dredge up the Tevez affair. West Ham and the Blades are in the process of a negotiated settlement, which is part of the buy package. The before mentioned paper reported that the number of 8 million has been talked about by both parties, the hold up is the sale…

What annoys me about these sorts of posts is that the Gaffer pulls out chunks of the story. and the logic. a person who owns a 41% share isn't going to provide the full bail out of the bank with a sale of a personal asset… unless it will make him a LOT of money in the long run, it doesn't make sense. and lets not forget a few weeks ago it was by Christmas that West Ham would go into administration.

also from the story “”It is very difficult to sell any football club right now, it is hard to maximise value,” the source said. “But Mr Gudmundsson will not accept an unsatisfactory amount, he is prepared to wait for the right offer to come along.” He also said Hansa had options for paying back creditors other than selling West Ham.”

sounds to me like BG is hedging the sale of WHU to buy all of Landbankski. With Iceland already at rock bottom, there is nothing up up if you can survive the crisis.

not to mention that if BG lets the Hammer go into administration his asset become real quick red ink and any hope of profiting on the crisis up in smoke.

So to believe this stuff, you have to believe that the owner of the club, is as dumb as dirt.

and yeah I don't think he'll get anywhere near 230 for the club, but 150 isn't out of the question and that is nearly double what he paid, and a nice way to grab some more shares of the bank…

just sayin…

Either way the FA and Premiership need some blood on their hands over this too. They are the ones who OK players to play. It always takes months for the FA to sort out the smallest of things (see the battle of Stamford Bridge).

For them to not realize Tevez was ineligible until after the season and Sheffield United made a stink is simply unacceptable. Both the FA and PL owe it to Sheff United AND West Ham to protect them from silly mistakes that turn onto £30 M disaster.

If a player has to sit until his paperwork is authorized, so be it. Better safe than sorry.

SB