Text  Larger | Smaller | Default

NewsNow

Under pressure


Filed: Wednesday, 7th October 2009
By: Staff Writer


The pressure on CB Holdings to sell West Ham United FC intensified today after a story appeared in the press suggesting that Gianfranco Zola could be on the verge of resigning from his post.

The Daily Telegraph story, credited to Jason Burt, suggested that Zola - along with techical director Gianluca Nani and CEO Scott Duxbury - were the targets of Italian Serie A side Napoli, who defeated United in a pre-season friendly at the Boleyn back in August.

Napoli recently sacked Roberto Donadoni, who was on the shortlist at West Ham to replace Alan Curbishley last autumn. Although he has since been replaced by Walter Mazzarri the story suggests that should Zola be willing to return to Italy, a deal could be done next summer.

Although the majority of West Ham fans are unlikely to be too disappointed at the prospect of parting company with Duxbury and Nani, the quiet and thoughtful Zola has become hugely popular with supporters - although even he has not been without criticism following United's dreadful start to the current campaign.

CB Holdings - who represent former creditors of former Chairman Bjorgolfur Gudmundson - are thought to have received a number of enquiries with regards to the potential purchase of the football club but none have yet reached the stage of due diligence.

A string of parties are rumoured to be interested, including former board members David Gold and David Sullivan despite denials this week - but CB Holdings appear determined to hang on to the club for as long as possible, something described recently as 'the worst possible outcome' due to the finance group's continued policy of asset-stripping which has seen the club lose the likes of Craig Bellamy, Lucas Neill and James Collins from the first team during 2009.

Duxbury, who, it has been claimed, paid for the salary of new signing Guillermo Franco out of his own pocket (along with Nani) is thought to have threatened to quit his post, again, after CBH refused to sanction the signing of Alessandro Diamanti. The deal is said to have only gone through as a result of club sponsors SBO Betting providing next year's fees in advance.

CB Holdings' Andrew Bernhardt, also West Ham's non-executive Chairman has refused to be drawn on West Ham's parlous situation since the beginning of the season.

Speaking back in August ahead of the new season, he told whufc.com: "The club is on a sound financial footing. We fully support Scott and Gianfranco and endorse their continued efforts in strengthening the squad as quickly as possible, with a new striker their top priority."





Related News

   arrow   Nice work if you can get it [24th Jan 2014]
   arrow   Sullivan: we should have owned West Ham years ago [27th Aug 2013]
   arrow   David Sullivan gains control of West Ham [2nd Jul 2013]
   arrow   West Ham sold for 20million? [27th Jan 2011]
   arrow   Brown in [13th Aug 2010]
   arrow   Russian link dismissed [13th Jul 2010]
   arrow   Cellino hopeful [15th Jan 2010]
   arrow   Ownership latest [15th Jan 2010]
   arrow   Massimo attack [13th Jan 2010]
   arrow   Bowe blow for Intermarket bid [13th Jan 2010]


Please visit the KUMB Forum to comment on this story.


 
News Image




On This Day ...

One Year Ago
Schalke 0-0 West Ham Utd (West Ham win 7-6 on pens)
West Ham held hosts Schalke to a goalless draw at the Veltins-Arena this af...more
Three Years Ago
Oh no, Momo
West Ham's new signing Momo Diame could miss the start of the Premier League season after limping of...more
Five Years Ago
Pay on the door at Southend
Southend United have confirmed that supporters wishing to attend tonight's friendly with West Ham wi...more