Government want West Ham bidders
named
tribalfooball.com - September 04, 2006
Sports minister Richard Caborn has called on the mystery bidders
behind a possible takeover of West Ham to reveal their
identities.
Caborn believes there should be much more openness surrounding
football club takeovers, especially when foreign investors are
involved.
UEFA have also called for an investigation into the growing trend
of foreign money being invested in British clubs.
Caborn said: "I would urge those involved to be as open and
transparent as possible."
The issue of club ownership was covered by the recent European
Sports Review, which also urged greater transparency and
regulation.
Caborn added: "As the Prime Minister pointed out recently, those
aspects of the review that try to bring greater integrity to the
way in which the financial transactions are conducted are
especially worthwhile."
UEFA want Government probe into foreign Premiership club
ownership
tribalfooball.com - September 04, 2006
UEFA have called on the Government to investigate the growing trend
of foreign money being invested in British clubs.
West Ham are the latest club to be linked with a takeover, with
businessman Kia Joorabchian and several foreign investors suggested
as potential new owners.
But UEFA director of communications William Gaillard has raised
concern with Manchester United and Aston Villa now owned by
American money.
"We certainly are concerned by what is going on because it seems to
be following a worrying pattern."
Gaillard told the Daily Telegraph: "The trend is going against what
we want to see - more clubs being owned by the community and the
people who really care for them.
"This is a wake-up call and the UK Government have a responsibility
to start investigating. After all it's a part of the UK
economy."
West ham bigger than chelsea ? unless
they can win more trophy or buy more quality players like Teves and
Javier.M