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 [...]

Despite the statement from Duxbury on the the WHUFC website, it is now known that another director Gudmundur Oddsson has quit the Hammers board shortly after Mike Lee quit his post as Non Executive Director.
This could easily be due to the fact that the club have decided to streamline or could be signs that the [...]

[Moderated]
Mathew Etherington had to go to his West Ham bosses and beg them for an advance on his wages after receiving death threats on his his wife.
He has massed a total of around £800,000 in debts with a east London bookies who do not send final demands but Jason Statham lookalikes.
West Ham are willing to [...]