Icelandic businessman to buy West Ham Skip to content

Icelandic businessman to buy West Ham

Eggert Magnússon, head of Iceland’s football federation (KSÍ), is considering buying English football club West Ham.

Telegraph.co.uk reports that Magnússon, who is also a member of the UEFA executive committee, and his partners have made a formal takeover approach to West Ham.

Magnússon made an informal bid, offering a provisional GBP 75 million (EUR 110 million, USD 139 million) for the East London football club. The club’s future has been uncertain for a long time.

The Icelandic businessman and football lover told Morgunbladid that the deal is still in the beginning phases. He thinks West Ham is a great football club with a lot of history, an excellent manager, players and supporters.

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