Last transfer news West Ham: Maguire - Sullivan's £600m valuation is right on the money breaking sport news
Premierleague-News.com - David Sullivan's mega-money valuation of West Ham is bang-on — the club's location and stadium capacity make it a supremely attractive investment.
PremierLeague-News.Com - Breaking Sport Transfer News ! 521084161">David Sullivan’s mega-money valuation of West Ham is bang-on — the club’s location and stadium capacity make it a supremely attractive investment. That is according to finance guru and new Football Insider columnist Kieran Maguire, speaking exclusively after this site revealed David Sullivan held talks with a number of potential buyers but is holding out for his £600million valuation of the club. Billionaire investor and former Bordeaux owner Joseph DaGrosa is on the hunt for a Premier League investment, with West Ham one of several clubs linked. But his negotiations to purchase a controlling stake in Southampton stalled over the current owner Gao Jisheng’s £200m asking price. Sullivan wants three times that for West Ham. Maguire claims that the hefty valuation is by no means outlandish, citing the “London factor” as a key reason. Subscribe to Football Insider TV now He told Football Insider correspondent Adam Williams: “£600m I don’t think is unreasonable, except for the fact that they don’t own the stadium.
News source = PremierLeague-News.Com
. It’s effectively being subsidised by the taxpayer.
“The potential is massive with a 60,000 capacity stadium and the London factor. London is very attractive to football tourists. If you got to Tottenham’s new ground at the weekend, the number of Asian fans as a result of the Son factor is phenomenal. Every single one of them goes into the Spurs megastore and buys the shirt with ‘Son’ on the back.
Source = Premierleague-News.com