Search

Tony Fernandes holds talks with West Ham board members over investment

PUBLISHED: 09:13 18 May 2011 | UPDATED: 08:45 19 May 2011

Tony Fernandes receiving his CBE

Tony Fernandes receiving his CBE

Archant

CEO of AirAsia interested in investing in the club

CEO of AirAsia Tony Fernandes claimed on Monday that he has held talks with members of the West Ham board about possible investment into the east London club.

Fernandes wanted to buy the club when it was made available last year, but lost out to current owners David Gold and David Sullivan.

The 47-year-old, who Forbes Asia say is worth $330million, is a West Ham fan and through his twitter page announced that he had spoken to both Karren Brady and David Gold.

“If the fans want me to get involved I will. It’s a great club and we fans have suffered to long. Discussions have taken place. Long way to go but a good frank start,” he said yesterday, before posting this morning (Wednesday).

“All Hammers fans told you as much as I can. Have to go on radio silence now out of respect to the owners. I know what I need. Let’s see if we can do it. From dark days come lots of postive. Has happened to many many times. Love to all Hammers.”

When Gold and Sullivan purchased West Ham they encouraged others to invest and appealed to the likes Fernandes to get involved.

“We have bought 50% and I have an option to buy the other 50%. If they (wealthy fans) want to get involved with West Ham they will be very welcome,” Sullivan said.

“Anyone who wants to put in £10m or £15m can buy 10 or 15% of the club and come along and join us.

“We will be approaching Tony (Fernandes) in the hope that he will join us in a kind of national unity purchase of West Ham. We will welcome other investors.”

It seems he was not interested at the time, but with the club relegated to the Championship and set to lose £40m the help from the likes of the Malaysian will be needed more than ever.

After losing out in the battle to buy the east London club, Fernandes focused his efforts on the Lotus Formula One team and became Team principle of the organisation.

He continues to plough money into Lotus and in April of this year purchased Caterham Cars, a manufacturer of specialist lightweight sports cars.

For all the latest West Ham news, views, analysis and features follow us on twitter at www.twitter.com/ela_westham

Latest East London Sports News

48 minutes ago

The Victoria Park Community Cricket League has announced a likely suspension of their season for an indefinite period due to the coronavirus pandemic.

09:54

Following the early end of the 2019/20 rugby season in England due to the coronavirus pandemic, the RFU is announcing final league positions.

07:56

Football chiefs are set to continue seeking ways to salvage the domestic season as the sporting shutdown is extended due to the coronavirus pandemic.

34 minutes ago

Marathon man is slowly recovering from a new challenge

Yesterday, 18:26

Eoin Morgan can see the advantages in holding England matches behind closed doors, believing such a scenario would demonstrate the uplifting role sport can play in modern society.

Yesterday, 16:34

Wimbledon has become the latest big sporting event to be cancelled because of the coronavirus pandemic this week.

Yesterday, 14:00

Nearly 10 years ago, Leyton Orient moved to sack Geraint Williams and appoint Russell Slade to help them avoid the drop and was it ever a great journey from then onwards.

West Ham hero Alan Taylor talks us through the battle to the final

PROMOTED CONTENT

Festival organisers AEG Presents will once again be providing a variety of exciting opportunities for young people at this year’s event

Looking to rent in London? Securing the keys to a new home in any big city can be an ordeal but there is a way to avoid the common pitfalls of London rentals - dodgy landlords, dubious décor and downright dicey security.

Cauldron Foods’ comedy night will give vegans the last laugh as Vegan comics dispel vegan myths.

Most read sport

Digital Edition

cover

Enjoy the
Docklands and East London Advertiser
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now

Most Read

Latest from the East London Advertiser