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West Ham (a nidges nadge over half) sold

Does exactly what it says on the tin - the forum for football-related discussion.

Moderators: sicknote, Rio, Gnome, Northern Paulo, Romford, Lost Hammer, bonehead, chalks, goes2eleven

Re: West Ham for sale (again)

Postby Trap1 on Sun Oct 18, 2009 2:02 pm

durham city hammer wrote:Trap

You have pretty much answered what i wanted to know mate in that cb holdings have changed their stance and are
now actively looking to sell the club :thup:



Ok Durham, apologies for not answering sooner. :thup:
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Re: West Ham for sale (again)

Postby tonkaman on Sun Oct 18, 2009 2:07 pm

Caltagir wrote:Comes from being shat on so regularly from a great height I s'pose. We're all dreadfully optiomistic - else we wouldn't be Hammers. Trouble is, anyone who's been a Hammer for more than 5 minutes will have that nagging light blinking in the back of their head about exactly that. It is a very odd felling this morning - is it a bright new dawn or just another set of headlights brightening the road for a second or so...


That bright light at the end of the dark tunnel? It's the train coming that's gonna run us down! :crest: crushing hopes and dreams since 1895 :lol:
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Re: West Ham for sale (again)

Postby the pink palermo on Sun Oct 18, 2009 2:07 pm

Durham

I'm not at all put out by Nidges scoop .I prefaced my comments with what I thought was an appropriate caveat , and parised both he and Trap .

But lets take another sense check .

Why pay the current regime a premium to "save" the club , when you would be better off paying them less and spending more on players ?

Secondly , there may be a clue in these peoples backgrounds - finance .Does anyone seriously think they would pay down the debt to any signficiant degree , or are they more likely to use their contacts to refinance the club , possibly using risky financial instruments, making themselves a fortune into the bargain, whilst leaving the club no better off in reality .

Thirdly , what do they know about the economics of football clubs , at least Sullivan has been wearing the T shirt for the last 16 years .

Fourthly , have they only just won the pools , where were they when Brown was selling up ? Sullivan had coverted WHU for the best part of 2 decades , so who's the real fan ?

So without being negative on looking a possible gift horse in the mouth , I'll stand my ground , and remain sceptical about this "bid" .
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Re: West Ham for sale (again)

Postby SUSSEXIRONS on Sun Oct 18, 2009 2:10 pm

cb when i went on to intermarket to have a sniff round i didnt see anything that really bought amazon out front. These guys are all involved in FIS. and based states/europe/asia. Its through this i can see the consortium possible. You could include g/s/b as cover if you want but they do have serious money.

Hence my change of tune somewhat. Straumer would be stupid to bypass this or wouldnt they . :thup:
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Re: West Ham for sale (again)

Postby ereader on Sun Oct 18, 2009 2:11 pm

some info on jimbo

Mr. James Bowe is a Director on the Board of Directors of The Volatility Exchange Corporation. He is currently Financial Services Consultant and President of the CAM Fund Platform Ltd. and CAM Investment Management Ltd. and of the Devonshire Fund Platform Ltd. and evonshire Investment Management Ltd. He was co-founder of Illington Fund Management Ltd, an SEC registered investment advisor, and served as its President from 2003 until December 2007, when the company was sold to its largest client.

In 2001 and 2002, Mr. Bowe was a partner in the office of UBS/PaineWebber in Sonoma, California, where he traded futures and options for institutional hedging clients. In 2000, Mr. Bowe was Senior Executive Vice-President at the Pacific Exchange, managing all aspects of the equity options business and developed strategic relationships with floor market-makers and major brokerage firms. In 1996, the Coffee, Sugar & Cocoa Exchange Inc. (“CSCE”) appointed Mr. Bowe as President & Chief Executive Officer where he oversaw the subsequent successful merger with the New York Cotton Exchange Inc. (“NYCE”), which formed the New York Board of Trade (“NYBOT”). Mr. Bowe was named as President and Chief Executive Officer of the NYBOT.

From 1981 to 1996, Mr. Bowe was Senior Vice-President of Market Development and Planning at CSCE. He has also held positions of increasing responsibilities in securities and futures regulation with the National Association of Securities Dealers and the Commodity Exchange Inc. He received his M.B.A. in Financial Management from the Hagan School of Business at lona College, and a B.S. in Economics from Manhattan College. Mr. Bowe has served on the boards of the Options Clearing Corporation Inc., NYBOT, CSCE, NYCE, and the National Futures Association (“NFA”).
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Re: West Ham for sale (again)

Postby ToiletDuck on Sun Oct 18, 2009 2:18 pm

Do these guys have anything to do with Shane Mcmahon (wwe chappie) ? now before i get told to sod off baldrick with my crackpot wwe theory (based entirly on stone cold steve austin showing up) he has just resigned as vice chairman to focus on other projects
he is fithy rich (his wife is the sole hier to the Mazola oil compnay) and knows how to put on show and build a brand. could be just what we need to be fair.

stand back putson helment and waits to get pelted with rancid tomatos
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Re: West Ham for sale (again)

Postby Hummer_I_mean_Hammer on Sun Oct 18, 2009 2:18 pm

ereader wrote:some info on jimbo

Mr. James Bowe is a Director on the Board of Directors of The Volatility Exchange Corporation. He is currently Financial Services Consultant and President of the CAM Fund Platform Ltd. and CAM Investment Management Ltd. and of the Devonshire Fund Platform Ltd. and evonshire Investment Management Ltd. He was co-founder of Illington Fund Management Ltd, an SEC registered investment advisor, and served as its President from 2003 until December 2007, when the company was sold to its largest client.

In 2001 and 2002, Mr. Bowe was a partner in the office of UBS/PaineWebber in Sonoma, California, where he traded futures and options for institutional hedging clients. In 2000, Mr. Bowe was Senior Executive Vice-President at the Pacific Exchange, managing all aspects of the equity options business and developed strategic relationships with floor market-makers and major brokerage firms. In 1996, the Coffee, Sugar & Cocoa Exchange Inc. (“CSCE”) appointed Mr. Bowe as President & Chief Executive Officer where he oversaw the subsequent successful merger with the New York Cotton Exchange Inc. (“NYCE”), which formed the New York Board of Trade (“NYBOT”). Mr. Bowe was named as President and Chief Executive Officer of the NYBOT.

From 1981 to 1996, Mr. Bowe was Senior Vice-President of Market Development and Planning at CSCE. He has also held positions of increasing responsibilities in securities and futures regulation with the National Association of Securities Dealers and the Commodity Exchange Inc. He received his M.B.A. in Financial Management from the Hagan School of Business at lona College, and a B.S. in Economics from Manhattan College. Mr. Bowe has served on the boards of the Options Clearing Corporation Inc., NYBOT, CSCE, NYCE, and the National Futures Association (“NFA”).


I'm impressed.

Did he apply for job with you in the past and send in his CV, or what?? :lol:
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Re: West Ham for sale (again)

Postby MikeNewell'sOldBoys on Sun Oct 18, 2009 2:20 pm

Trap1 wrote:Mike,

If i were Mr Berniehard I'd tell them to reveal themselves or jog on.

After all they wouldn't want to sell to someone that could cause maximum political embarrasment back home.


Fair enough. To be honest I've got no idea how these things work.
Surely they could just lie and say the investors are mr x and mr y and not tell them about mr z who's waiting in the wings?
Thus enabling them to avoid man city/chelsea style buying inflation?
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Re: West Ham for sale (again)

Postby ereader on Sun Oct 18, 2009 2:23 pm

[/quote]

I'm impressed.

Did he apply for job with you in the past and send in his CV, or what?? :lol:[/quote]

nah just nicked it off there site lol
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Re: West Ham for sale (again)

Postby Matt of iron on Sun Oct 18, 2009 2:25 pm

ToiletDuck wrote:Do these guys have anything to do with Shane Mcmahon (wwe chappie) ? now before i get told to sod off baldrick with my crackpot wwe theory (based entirly on stone cold steve austin showing up) he has just resigned as vice chairman to focus on other projects
he is fithy rich (his wife is the sole hier to the Mazola oil compnay) and knows how to put on show and build a brand. could be just what we need to be fair.

stand back putson helment and waits to get pelted with rancid tomatos


:lol:
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Re: West Ham for sale (again)

Postby ereader on Sun Oct 18, 2009 2:25 pm

ToiletDuck wrote:Do these guys have anything to do with Shane Mcmahon (wwe chappie) ? now before i get told to sod off baldrick with my crackpot wwe theory (based entirly on stone cold steve austin showing up) he has just resigned as vice chairman to focus on other projects
he is fithy rich (his wife is the sole hier to the Mazola oil compnay) and knows how to put on show and build a brand. could be just what we need to be fair.

stand back putson helment and waits to get pelted with rancid tomatos


he leaves his position on the 1st of january :think:
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Re: West Ham for sale (again)

Postby mickfbrown on Sun Oct 18, 2009 2:26 pm

This is excellent news as it puts the pressure on Sullivan and any other interested parties to up their game.
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Re: West Ham for sale (again)

Postby the pink palermo on Sun Oct 18, 2009 2:31 pm

mickfbrown wrote:This is excellent news as it puts the pressure on Sullivan and any other interested parties to up their game.


Not neccesarily .

Might make them walk away ..........avoid a bidding war etc .

The only benefit to us as fans of a high bid is to get shot of the current owners , but haven't we been down this route before ?

Credible, sensible bids may be preferable .
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Re: West Ham for sale (again)

Postby mickfbrown on Sun Oct 18, 2009 2:34 pm

the pink palermo wrote:
Not neccesarily .

Might make them walk away ..........avoid a bidding war etc .

The only benefit to us as fans of a high bid is to get shot of the current owners , but haven't we been down this route before ?

Credible, sensible bids may be preferable .


I can't see there being a bidding war for the club at the moment, can you ?

It should speed up realistic bids though as opposed to speculative offers.
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Re: West Ham for sale (again)

Postby ToiletDuck on Sun Oct 18, 2009 2:35 pm

Dear Shane McMahon,
please by West Ham United and have the WWE DIVAS as the new hmmerettes!
oh and get Mazola to sponser us
ta very much

Rob
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Re: West Ham for sale (again)

Postby last.caress on Sun Oct 18, 2009 2:39 pm

Well, I suppose there's some entertainment value to be had from the possibility of a back four comprised of The Undertaker, Kane, The Great Khali and John Cena. We could install Ric Flair as manager, and have a good laugh watching him put Fergie in a figure-four leglock the second he tries his lame 'hairdryer' move.
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Re: West Ham for sale (again)

Postby Bishy on Sun Oct 18, 2009 2:42 pm

ToiletDuck wrote:Dear Shane McMahon,
please by West Ham United and have the WWE DIVAS as the new hmmerettes!
oh and get Mazola to sponser us
ta very much

Rob


I like your thinking. :think: I hope you are right!
If ya smeeeeeeeell what Toilet Duck is coooooking!
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Re: West Ham for sale (again)

Postby jack the hammer on Sun Oct 18, 2009 2:44 pm

ereader wrote:some info on jimbo


futures?! hedge funds!? f***ing cocoa exchanges!!

sounds like a proper f***ing chancer to me...
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Re: West Ham for sale (again)

Postby ToiletDuck on Sun Oct 18, 2009 2:46 pm

lalalallalalalalallalalalalallalalallalalalalallalalalalalalalalalalallalallallalalalalalalallalala

( i could carry on with spurious wwe-esque things as i am quite sad and even the thought of a mcmahon take over {wish it was stephanie though mmmmmm} has me moist in my special places)
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Re: West Ham for sale (again)

Postby nidgehammer on Sun Oct 18, 2009 2:49 pm

My last post until I hear more from my source.

I'm a little surprised by some of the negative comments here but I guess that's more about people's personalities then anything else. I don't know who the big backers are, I didn't even ask their names as I wouldn't want to put my source at risk or compromise their position in these negotiations.

Maybe I'm in the minority but I'm a naturally optimistic person when it comes to our club and when I was told "tell 'nidge' it's a fantastic deal for WHU, there will be good investment and stability AND they're West Ham fans" back in June (just before my first holiday) I was clearly excited and it led to my first post on the subject.

I was told about 8 weeks ago (before my second holiday) that it was only 60/40 in favour of it happening due to delicate negotiations and Straumurs intransigence with regard to the price. I wasn't happy with those odds and thought it might be drifting away until a meeting a couple of weeks back when I was told "100% on.!"

Everybody wants to know everything and I spose that's normal but I'm just happy in the knowledge that, all being well, we'll soon be where we want to be regarding ownership. Of course that doesn't include those that want Sullivan/Gold or Arabs or something else but my understanding (and I only know a little more than I've said) is that it's all good and I trust the person who told me implicitly.
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