Going down?

Is West Ham going to be the new Leeds?

If Bjorgolfur Gudmundsson cannot find buyers for his Premier League club then you might start to see similarities. Björgolfur bought the club two years ago and started spending money like it was going out of fashion. Unfortunately that was on players like Kieron Dyer, Lucas Neill and Freddie Ljungberg who talked of having hit a financial jackpot after several title-winning years at Arsenal.

West Ham currently takes the field without a sponsor’s logo on its shirt, XL leisure having gone bankrupt in the autumn. One of XL’s biggest lenders had been Landsbankinn, Bjorgolfur’s bank at the time.

So the famous Academy of Football might just join Icelandic citizens as the unsuspecting victims of Bjorgolfur’s economic hit and run.


0 Responses to “Going down?”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: