CB Holding do not intend to sell West Ham in a hurry

CB Holding, the main shareholder of West Ham, is part of Straumur-Burdaras Investment Bank. The Icelandic bank nearly went bankrupt, however, it had its debt payments frozen until Spetember 2010. Therefore, the holding will not be in a hurry to sell its assets, and West Ham could remain under their management. The former shareholders of Birmingham David Gold and David Sullivan made an offer of £50m for the club, only to be rejected by CB Holding.

Despite the positive development, the Hammers manager Gianfranco Zola may find himself in need to sell part of the most valuable players of the club - Matthew Upson, Scott Parker and Carlton Cole. "The only thing I know for sure is that before then we have three games coming up that are very, very important and I want to focus on them. That's the main thing, the rest is out of my control.", said Zola at a news conference on Wednesday.