Asians target West Ham takeover

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According to The Mirror, English West Ham United is negotiating a possible takeover of the club by an Asian consortium whose investors are predominately from Thailand.

Altough the group is offering GBP 75 million for the club, West Ham owners, asset management company CB Holdings, is asking for GBP 125 million.

The takeover move is fronted by Pairoj Piempongsant, the Thai businessman who brokered the takeover of Manchester City by Thaksin Shinawatra.

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