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Straumur deny Magnusson claims


Filed: Thursday, 8th October 2009
By: Staff Writer

The Communications Director of Straumur has denied reports that former Chairman Eggert Magnusson has made an approach with regards to purchasing West Ham United.

The Sun reported this morning that Magnusson - who was fired by former friend and colleague Bjorgolfur Gudmundsson in December 2007 - is planning to become the club's new owner.

The story further claims that Magnusson - whose stake in West Ham was worth around £5million when he and Bjorgolfur Gudmundsson purchased the club for around £85million in 2006 - has made his interest known, with West Ham's non-executive Chairman Andrew Bernhardt being notified of that interest.

However the story was refuted today by Georg Andersen, Straumur's Communications Director, who has issued a statement denying any contact with Magnusson - whilst adding that there are currently no plans to sell West Ham United FC.

Never a dull moment: Magnusson at West Ham

10th October 2006: UEFA bigwig Magnusson is named as the head of an Icelandic consortium bidding for control of West Ham United.

21st November: Magnusson states that 'we can build something very special here' on the day the Icelandic consortium's £85million takeover is confirmed.

1st December: Popular Managing Director Paul Aldridge - who backed the alternative Kia Joorabchian-led bid - leaves the club 'by mutual consent'.

4th December: Magnusson slams his predecessor Terry Brown for the deal which saw Carlos Tevez and Javier Mascherano arrive at West Ham.

11th December: Alan Pardew is sacked following a string of poor results that leave West Ham in deep trouble at the foot of the Premiership.

13th December: Alan Curbishley is named as Pardew's replacement less than 48 hours after the latter is fired.

January 2007: Magnusson sanctions the signings of Luis Boa Morte, Lucas Neill, Matthew Upson, Calum Davenport and Nigel Quashie in a desperate attempt to stave off the looming threat of relegation.

27th February: Former Chiarman Terry Brown steps down from his role as Honourary Life Vice-President in the wake of claims that the new owners are set to sue him for damages relating to the Tevez/Mascherano signings.

22nd March: Magnusson admits that 'it is not West Ham who owns Tevez' but adds 'my lawyers tell me there are no problems with the registration of these two players'.

27th March: Magnusson tells KUMB.com in an exclusive interview that 'the average salary of a West Ham supporter who comes to the games here is second highest in the league - it's just below Chelsea, and I think it's around £60,000 per year.'

26th April: A Premier League enquiry fines West Ham a world record £5.5million in relation to the transfers of Tevez and Mascherano - but crucially fails to deduct any points. Magnusson reveals plans to sue Terry Brown for the full amount.

28th April: Tevez plays in West Ham's 3-0 win at Wigan - and for the rest of the season after Magnusson cuts a deal with the Premier League.

4th May: Terry Brown prepares legal action to counter-sue his successors for breaking contractual agreements.

13th May: West Ham survive with a 1-0 win at Old Trafford on the final day of the season. Sheffield United, who lose at home to Wigan, are relegated instead.

14th May: Magnusson reveals plans to 'spend big' in the summer. West Ham go on to sign the likes of Scott Parker, Kieron Dyer, Craig Bellamy and Julien Faubert.

14th June: Darren Bent rejects a move to West Ham after a £16million fee is agreed with Chalrton. He eventually joins Spurs.

18th June: Sheffield United's 'Campaign For Fairness' (nobody mention Paddy Kenny, Chris Morgan, Steve Kabba or Neil Warnock) rolls into London on the day the Blades take their bid to have West Ham relegated in their place to arbitration.

3rd August: Carlos Tevez signs for Manchester United following weeks of legal wrangles and uncertainly.

9th August: Magnusson confirms his ambition to make West Ham a top four club within five years. He also confirms that Terry Brown is no longer welcome at the club.

25th August: Magnusson warns Sheffield United that he will 'not allow their attacks on West Ham United to go unchallenged'.

18th September: The club issue a statement confirming that Magnusson will be relinquishing his position as Chairman and moving to a 'non-executive role', overseeing a new team charged with the daily running of the club.

13th December 2007: West Ham confirm Magnusson has left the club having sold his 5% stake to Gudmundsson. The Carlos Tevez affair eventually costs West Ham United a further £25million in damages whilst Gudmundsson is forced to hand over the club to creditors in the wake of the world banking collapse.


Related News

   arrow   Quashie gone - for good [22nd Jan 2010]
   arrow   Eggy passes the buck [21st Jan 2010]
   arrow   Fernandes tops readers poll [30th Dec 2009]
   arrow   No deal, Straumur tell Gold [15th Dec 2009]
   arrow   Straumur deny Magnusson claims [8th Oct 2009]
   arrow   Neill finds a club [17th Sep 2009]
   arrow   Skint [3rd Sep 2009]
   arrow   Cottee slams CB Holdings [2nd Sep 2009]
   arrow   Bruce in for Neill? [5th Aug 2009]
   arrow   KUMB.com Q&A: Scott Duxbury [28th Jun 2009]


Your Comments


by Steve P
06:54PM 8th Oct 2009
''On a side issue should we now be trying to reduce if not completely wipe out the damages to Sheff Utd as obviously they were playing a goalkeeper who had no right to appear on the park given his admittance of drug taking and I'm certain that he was worth a darn site more than 3 points to them.''

by g portugal
03:17PM 8th Oct 2009
''Raymond Lucas's comment is spot on - it summarizes the whole issue: IF THESE MUGS HAVE NO INTENT TO SELL THE CLUB AT PRESENT, THEN WHY ARE THEY ASSET-STRIPPING IT AND RUNNING IT IN A MANNER THAT DEVALUES "THEIR" ASSET?

If they have no plans to sell, then they better get on with doing everything in their power to help ensure that the club remains in the Premier League. Which means not hacking off West Ham players, managers and supporters.

Because if these mugs don't turn things around THEY WILL NOT HAVE AN ASSET LEFT TO SELL.''

by raymond lucas
01:34PM 8th Oct 2009
''Whether it's true or not about Magnusson planning a takeover, why have Straumur stated that they have no intentions of selling the club at present? What are they intending to do with it? It would appear that they have no idea how to run a football club, and what might be an asset now will become a liability before long and the club will be unsaleble. Their best bet is to sell to the first offer nearest to what they paid for it and let someone who is interested in West Ham United own it, such as Magnusson.

By they way can anybody translate the statement issued by Straumur?''

by Stanley
12:08PM 8th Oct 2009
''Interesting series of events as we all know. I think like most WHU fans then we all want answers to key questions since the Icelandic show rolled in to town:

1) did we sue Terry Brown for his part in the Tevez affair and not just strip him of his annual benefits?

2) Why were Paul Aldridge and Duxbury never brought before the EPL during their investigations?

3) 27th March - lost in translation?

In trying to get away from TB we have clearly stepped out of the fire into the frying pan, wonder if we had been so unlucky with Kia at the helm? ''



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