Lo and behold, West Ham are officially up for sale and at £250m that should make BG a nice little earner for his 2 years of greif even after a probable payout to Sheffield Utd.
The vice Chairman Asgeir Fridgeirsson has admitted that BG has been considering a sale since November after a lot of interest [...]

Sheffield United v West Ham court saga looks like it might be coming to
an end. Though the Blades recently got the all clear to pursue their
case, it seems that they are now keen to settle given that West Ham
owner Bjorgolfur Gudmundsson has seen his fortune slashed by Iceland’s
financial implosion. Should the reported £25 million out-of-court
settlement [...]

After speculation that Bjorgolfur Gudmundsson is looking to sell West Ham United and that the club would be going into administration, news has arrived that Bjorgolfur Gudmundsson wants to reassure the fans that he has no intentions of selling his club and that administration is far from being true.