Zabeel dismiss talk of West Ham Utd takeover

HAMMER TIME: Zabeel denied reports linking the company to a buyout of West Ham United. (Getty Images)

Dubai-based company Zabeel Investments have denied reports that they will launch a takeover bid for troubled Premier League club West Ham United.

The group, which is currently in talks with Championship side Charlton Athletic and has made an indicative offer for the club which is being considered, has denied that they are interested making a move for the Hammers.

A statement released by the group said: "There is no truth to media reports that Zabeel Investments made an approach to West Ham Football Club.

"Zabeel Investments has not approached any club since it made an indicative offer for Charlton Athletic last Friday, nor has it authorised any approach on its behalf. Zabeel Investments is currently in the due diligence phase of its offer to Charlton Athletic and it is therefore inappropriate to comment further at this stage.”

Speculation has been rife surrounding a number of potential suitors for West Ham after club owner Bjorgolfur Gudmundsson was sacked from his position as chairman of Icelandic bank Landsbanki after it was taken into receivership, in which he was a major shareholder.

The Hammers chairman has confirmed that the developments will bare no consequence on the club, although reports continue to suggest it may be put up for sale.

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