From the Sam Wallace column in todays Telegraph - A spokesman for PAI told the Sunday Telegraph that a new bid will be made this week which it says it hopes will “allow us to close a deal in the coming weeks”.
Also - As for the questions on PAI’s side, it says that there is no ongoing investigation into Piriyev’s father Nizami who was arrested in Azerbaijan in 2015 and subsequently released. It says the episode was linked to the collapse of a state-backed bank which then recalled loans to companies including those owned by Nizami. “A difficult decision”, PAI says, was made to sell the family’s main asset in the country, a petrochemical plant, to “enable the release” of Nizami . An Interpol arrest notice against his son Nasib, PAI says, has since been revoked.
Unless they make a massive bid, along the lines of 700 million, then Sullivan might accept bid, very much doubt the bid will be more than 500 million though, which won't be accepted.
Cottee was employed by West Ham as a match day "meeter-and-greeter" in the corporate hospitality lounge when the press broke the story that he was trying to buy the club and was told that he wouldn't be welcome back at Upton Park
And we wonder why football players need agents to sort out their contracts...
All a bit weird, really. For people that were hard-over that they wanted the club, they seem to have given up and accepted Sullivan's 'no' quite quickly.
It's gone away as quickly as it arrived and has left me wondering whether it was a PR stunt all along. Very amateurish from the off and no real substance or professionalism to any of the press releases.
So my original comment stands. Ex-players are rarely good businessmen (Francis Lee was an exception.) I don't mind them endorsing a takeover/change of manager AFTER it has happened, but this looked like a vote for Qatar's World Cup bid - purely driven by money.
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A spokesman for PAI told the Sunday Telegraph that a new bid will be made this week which it says it hopes will “allow us to close a deal in the coming weeks”.
Also -
As for the questions on PAI’s side, it says that there is no ongoing investigation into Piriyev’s father Nizami who was arrested in Azerbaijan in 2015 and subsequently released. It says the episode was linked to the collapse of a state-backed bank which then recalled loans to companies including those owned by Nizami. “A difficult decision”, PAI says, was made to sell the family’s main asset in the country, a petrochemical plant, to “enable the release” of Nizami . An Interpol arrest notice against his son Nasib, PAI says, has since been revoked.
Wait and see time.
Maybe the next home game's programme will be more telling.
Cottee was employed by West Ham as a match day "meeter-and-greeter" in the corporate hospitality lounge when the press broke the story that he was trying to buy the club and was told that he wouldn't be welcome back at Upton Park
And we wonder why football players need agents to sort out their contracts...
https://www.standard.co.uk/sport/football/west-ham-takeover-david-sullivan-david-gold-pai-capital-rejected-b956976.html
It's gone away as quickly as it arrived and has left me wondering whether it was a PR stunt all along. Very amateurish from the off and no real substance or professionalism to any of the press releases.
Mathieu Flamini founded a successful bio chemicals company