A friend of mine who works for a 'city bank' just texted my cousin to say West Ham will go into administration today.
I hope not but I don't know enough about the finances of the club to say for certain.
I do know that the club is wholly owned by Bjorgulfor Gudmundsson and a company he set up.
I also know that Gudmundsson's right-hand man West Ham Vice Chairman Asgeir Fridgeirsson said that the administration of that company, HANSA, would not affect the club.
I've always said that I doubted whether Gudmundsson would still own West Ham at the end of the season and I still believe he will have to sell - the problem is who will buy?
There are said to be people interested but surely they will hold out until Gudmundsson is desperate or the administrators force his hand.
I can understand the club not wanting to fan the flames of this story but I think they need to say something.
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