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Joorabchian Puts His Side

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Chelsea is probably on another planet to every other club because their chairman is willing to plough money in for success without looking at the accounts.

But every other chairman in the Football League is looking for a profit. So are we wrong to suggest former West Ham suitor Kia Joorabchian had ‘pound signs in his eyes’ and the football was only second in his thoughts?

He admitted ‘the potential of gain’ was a significant factor in his consortium’s approach for the club. But is that any different to Man Utd, Arsenal or Liverpool?

Joorabchian: ‘We looked at West Ham initially as a potential takeover because it was a club which was closely held, three or four owners, and we thought it had the biggest amount of potential, in London, of clubs that were left – putting aside Arsenal and Tottenham, probably the two biggest at the moment, and Chelsea which had already been sold.

‘I’m involved in football and have been involved in football for many years and I did want to lead the consortium and wanted to take a big percentage in ownership of the club.

‘I was running a football club for a couple of years (Corinthians) and to own a Premiership club would mean the potential of gain and return on that would be huge, as well as to compete at the highest level of football.’

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