Reports in the last few days have suggested that Zabeel Investments had turned their attentions from Charlton Athletic to West Ham United, whose Icelandic owner Bjorgolfur Gudmundsson’s assets have been rocked by the international financial crisis.
Gudmundsson was a major shareholder in Iceland’s second-biggest bank, Landsbanki, prior to its emergency nationalisation last week.
That developent prompted speculation that Gudmundsson might consider selling - or be forced to offload - the Premier League club.
However, Zabeel Investments made it clear on Tuesday that they were not interested in buying the Hammers.
The group lodged a bid for Charlton last Friday, and insist they are committed to buying the Addicks.
In a statement, a Zabeel spokesperson said: “There is no truth to media reports that Zabeel Investments made an approach to West Ham Football Club yesterday.
“Zabeel Investments has not approached any club since it made an indicative offer for Charlton Athletic last Friday, nor has it authorised any approach on its behalf.
“Zabeel Investments is currently in the due diligence phase of its offer to Charlton Athletic and it is therefore inappropriate to comment further at this stage”.
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November 16th, 2008 at 5:39 am
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