Pardew upbeat over possible takeover

WEST HAM manager Alan Pardew yesterday welcomed the possible €295 million takeover bid from Iranian-born businessman Kia Joorabchian as proof the club is on the up.

Fri, 19 Aug, 2005 - 01:00

Alex Lowe

Joorabchian, the head of London-based consortium Media Sports Investment, is considering a bid to transform the Premiership club.

It has been suggested a bid would value West Ham at €65m, clear €44m of debt and inject another €148m into the coffers at Upton Park.

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Courts Soccer Place: West Ham Place: London Place: Upton Park Person: Pardew Person: Alan Pardew Person: Kia Joorabchian Person: Joorabchian Person: Terence Brown Organisation: Media Sports Investment Organisation: West Ham

<p>The matter was discussed at an emergency meeting of the FAI board on Thursday. Pic: Paul Phelan/Sportsfile </p>

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