West Ham fans can breathe a sigh of relief

Spare a thought for Hammers supporters, who’ve had to endure a tough few months. Thanks to the catastrophic collapse of Iceland’s banking sector, Björgólfur Guðmundsson – the “billionaire” (on paper at least) owner of West Ham found he actually had very little money left, as creditors seized the club’s holding company (and those banks he owned).

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