Ferdinand joins PAI Capital in takeover bid for West Ham

Football
6 Aug 2021 • 5:12 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

Former West Ham United defender Rio Ferdinand has backed PAI Capital over their £400m takeover bid for the Irons.

PAI Capital have announced they have agreed a deal in principle with London Stadium owners, the London Legacy Development Corporation, for a long-term lease that would see them "taking full control of the stadium" were they to agree a deal to buy the club.

Ferdinand said: "We love this club with a passion, both Anton and I are really happy that PAI want to come in and help improve the experience for fans and I'm delighted they have asked us to play a big part in the club if their bid succeeds."

The consortium have seen their approach - described as informal by Hammers insiders - rejected by the club's majority shareholder David Sullivan.

But they have stepped up their attempts to secure the club and gain the support of fans with their move for the stadium and revealing plans to upgrade it.