Last Updated: Fri, 05 Feb 2010 14:36
West Ham's new owners have unveiled their plan to raise between £20m and £40m from professional investors.
Former Birmingham City owners David Sullivan and David Gold took over last month in a deal that valued their 50% stake in the club at £105m, telling everyone that wealthy fans would be able to invest in the club.
But now Shore Capital and Corporate is to seek city investment on behalf of the new regime, although deputy chairman Karren Brady maintains that the opportunity to buy a bit of the club may be opened up to supporters at some time in the future.
"Although this fundraising is initially aimed at professional investors, I would love to be able to bring in our loyal and fantastic fan base as investors further down the line so that they can share in the club's great future, on and off the pitch," she said.
"This is an option which we have seriously under review."