London Football News

Former QPR chief is part of bid to buy West Ham

A group of UK-based investors have reportedly made a takeover bid for West Ham.

A group of UK-based investors have made a takeover bid for West Ham, according to the Daily Mail.

Former QPR chief executive Philip Beard is said to be part of a consortium which offered in excess of £400m to buy the club.

The Mail say the offer was rejected by Hammers majority shareholder David Sullivan.

The newspaper reports that “sources claim the proposal would arm manager David Moyes with significant transfer funds and transform the London Stadium and surrounding area.”

Beard was at QPR during the ill-fated early stages of Tony Fernandes’ ownership of the west London club.

Fernandes, a West Ham fan, himself tried to buy the club he supported but was rebuffed by Sullivan and David Gold.

The Malaysian later turned his attention to Rangers and installed Beard to take day-to-day charge at Loftus Road when a takeover from Flavio Briatori was completed in the summer of 2011.

Beard had previously worked as part of the London 2012 bid and was chief executive of the O2 Arena.

He worked on the redevelopment of Greenwich Park – and a similar revamp of the area around the London Stadium is said to be part of the group’s West Ham bid.

The club have said that no formal offer has been made.

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