Businessman sees West Ham as real estate opportunity

The Israeli businessman linked to the consortium considering a possible takeover of West Ham is reported to be interested because of the “real estate opportunity”.

Eli Papoushado, a property magnate with hotel interests in several countries, has been named as a potential investor with Kia Joorabchian, the 35-year-old Anglo-Iranian entrepreneur who facilitated the club’s signing of Argentinians Carlos Tevez and Javier Mascherano last month.