The newspaper claimed on their website that after Albert Smith purchased a 10% stake in the Hammers last season, talks have been held with a number of potential investors from America over potential offers.
The Daily Mail have reported that the £600million price tag placed on the club by co-owner David Sullivan is proving to be quite off-putting for any investors.
West Ham were first valued at £105million when Sullivan first bought a 50% stake in the club in 2010, and it is suggested that he is in no rush to sell his stake.
There is so much to digest when looking at the fact that both Sullivan and David Gold are considering a potential sale of the club going forward. After splashing the cash in the summer window, it is strange that they would now be tempted to jump ship, but at the end of the day it all comes down to the business side of things, and the Hammers’ owners clearly appear to be ready to let their stakes go. When you consider that businessmen are fronting £300million offers for Newcastle United [Daily Mail], it comes as no surprise that a valuation of double that is said to be putting people off. Should West Ham continue to rise up the Premier League table, their price tag will also rise, and that is why Sullivan may not be in a rush, as he will have a goal to keep pushing the Hammers forward with the continued backing of his manager Manuel Pellegrini.