The English football club West Ham , or called te HAMMERS. Are facing new problems. and deffinately facing more financial problems . First their shirt sponsors X L Leisure Group collapsed last month. They used to take tourists on holidays by their own X Lplanes. But they even stranded the people on their holiday sights.
Now the Icelandic bank Landbanki has faultered and the goverment has acted swiftly and has now completly taken charge of the bank As it trys to avert a financial meltdown.
The chairman and large shareholder of the bank was none other then Bjorgolfur Gudmundson the owner of the E.P.L.club West Ham., And what affect it has on the club is not certain now , but one thing is certain money will be very scarce in the january window during the transfer time.
For those who are not aware that Mr Bjorgolfur Gudmundson made his millions from his biscuit buisness.
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