West Ham co-owners David Sullivan and David Gold increased their stake in the English Premier League soccer team to 60 percent, the east London club said on its website .
Premier League soccer team West Ham United’s fiscal-year loss widened because of costs related to firing its former manager and a lower league position last season.
This story was produced by InsideClimate News in collaboration with the Center for Public Integrity and The Weather Channel.
The owners of West Ham United Football Club PLC rejected an offer by Malaysian businessman Tony Fernandes to invest in the English soccer club after it was demoted from the country’s Premier League last month.
West Ham and former coach Gianfranco Zola reached an agreement to settle all issues in relation to his departure from the English Premier League soccer club.
West Ham United co-owner David Gold said investors have been scared off by the team’s winless start in the English Premier League.
West Ham United fired manager Gianfranco Zola after the club finished one place above the relegation positions in soccer’s Premier League.
West Ham United has offered Barcelona striker Thierry Henry a two-year contract worth more than 7.5 million pounds ($11 million), the Sun reported.
"It's ridiculously low."
- David Sullivan on Aug 19, 2011