Former West Ham owner files for bankruptcy
The second richest man in Icelandic history has filed for bankruptcy, his spokesman said today.
Bjorgolfur Gudmundsson, the brewer-turned-billionaire and former owner of West Ham United football club, applied for bankruptcy protection at Reykjavik district court, 96 billion Icelandic kronur (€540m) in debt, Asgeir Fridgeirsson said.