West Ham United are subject of alleged interest from a high-powered United Arab Emirates group claims the Daily Star today rehashing an earlier story from the Daily Mail . This is the fourth take over in as many months and the one thing they all have in common is they are all nonsense. Initially, it was suggested Saudi Arabia could turn their attentions to West Ham if their take over of Newcastle failed to materialise then later in April it was Red Bull that had re-entered the market keen to buy the Hammers for a knockdown price. Then last week rumours of an American consortium emerged led by West Ham director Tripp Smith, now it is a mega-powerful UAE investment group. I am sure the rumour is implying is the Abu Dhabi Investment Authority (ADIA) which is a sovereign wealth fund owned by the Emirate of Abu Dhabi who already own Manchester City and therefore cannot own a second club. The recent articles have contained a number of inaccuracies so shouldn’t be taken seriously, Smith stepped down from Blackstone at the beginning of 2019 and although he is a very wealthy indivdual he is not a billionaire and is not listed by Forbes in the US. The covenant that the Mail talks about does not expire next year as they suggest and in fact, is in place until March 2023. Smith often comes to West Ham games when he is in the UK but prefers to keep a low profile and avoids the limelight.
Previous rumours suggesting David Gold as a source were denied. On that occasion David Gold spoke to Claret and Hugh to say “It’s astonishing to see things such as this appearing and given my name is attached to it I have to put the record straight.“ have absolutely no knowledge of anything like that at all. I have not heard of any interest from Red Bull. As far as my involvement is concerned this is not true. It is made up – a complete fabrication. There is no such interest.”
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