Where’s wallets?

By on November 28, 2010 - 33 views

This weekly column puts the shifty past and present owners of our beloved football clubs under the microscope. Next up… None other than Eggert Magnusson, ex-West Ham chairman.

Making his millions in exporting and importing bread and biscuits, Eggert Magnusson spent his dough on West Ham in an £85 million takeover deal.

After just three weeks, the Icelandic businessman began making his stamp on the club by sacking Alan Pardew and replacing him with Alan Curbishley. However, Magnusson sank the club into financial uncertainty with the signing of Frederik Ljungberg and Argentinean imports Carlos Tevez and Javier Mascherano, adding an extra £200,000 a week onto the wage bill.

‘Eggy’ shortly departed after just a year at the helm, however, he can now be found shopping for Football League clubs. More recently, he failed to land Sheffield Wednesday in August this year.

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Steve Morris

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