Filed: Tuesday, 9th June 2009
By: Staff Writer
Scott Duxbury has revealed that the Hammers are close to boosting their squad with the arrival of three new players.
In an interview with Sky, conducted 24 hours after the club's new owners were announced the CEO confirmed that the club hope to sign the unnamed trio within 'a fortnight'.
"He [Gianfranco Zola] has indentified three positions where he wants to bring players in whom he believes will improve the squad and the first team," said Duxbury. "We're close to securing those those three players."
When asked when that may be, Duxbury replied: "All three in question hopefully within the next couple of weeks. But there's still a little way to go before we can conclude them."
You can see the full interview with Sky below.
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07:53AM 10th Jun 2009
''"Self sufficient well run football club?" I wouldn't like to see a badly run football club. £75m debts when the PLC makes no profit. How are these debts going to be repaid? How much is the interest on this debt to the club each year (although some of the £75m debt may be deffered)? I can only envisage massive financial problems for the club in coming years.
In all honesty these Icelandics would be lucky if they got £20m for the club because with £75m of debt that's basically all it's worth. If you're sadled with massive debt and don't make a profit that for any PLC is the slow road to bankrupcy. Sooner or later the creditors will want their money owed.
West Ham are not the only club in this financial position, Liverpool pay £36m in interest on their £400m debts. Eventually all these massive debts with bring down the majority of Premier League teams. The Premier League is a business bubble that's about to implode on itself. Contracts and signings must only be made with the financial interests of the PLC in mind. The club must live within its financial means which it doesn't look to have been the case under Brown and the Icelandics. I personally think the club will have no choice but to sell players.
It's like the watchman on the Titantic shouting "Iceberg" ahead with Captain John Edward Smith shouting back "don't worry it's only really water!" Who next for the West Ham board, Fred Goodwin?''
07:53AM 10th Jun 2009
''Does Scott Duxbury pluck his eyebrows (or get 'em plucked by someone else)?''
12:19AM 10th Jun 2009
''I hope his first investment is in a team doctor...''