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 [...]

Hansa, the holding company of English football club West Ham, requested a moratorium (permitting temporary suspension of payments) yesterday. Björgólfur Gudmundsson, former majority owner and chairman of Iceland’s Landsbanki bank, is the majority owner of Hansa.
According to Ásgeir Fridgeirsson, vice-chairman of the board of West Ham and spokesperson for Gudmundsson, the moratorium was requested to [...]

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.