Hammers owners seek Dubai investment
Published 23:00 30/03/10 By Neil McLeman
West Ham co-owner David Sullivan was in Dubai yesterday seeking new investment at Upton Park.
Sullivan and David Gold bought 50 per cent of the club for around £50m in January but the other half remains with Icelandic company Straumur.
And the new owners are seeking fresh money to buyout Straumur while keeping their share.
Sullivan said: "I have good horse-racing connections over here. We only want people to take up the Straumur percentage of the investment. English people are a bit reluctant because of the team's position in the league but we're working hard."
The value of club will be sharply reduced if West Ham are relegated.
Zola's side have lost six straight matches to remain out of the bottom three only on goal difference.
