West Ham United Football Club has rejected a bid for a share in the relegated Barclays Premier League side from Formula One Team Lotus boss Tony Fernandes.
In a statement released by the club, joint-chairman David Sullivan said the offer had been ‘immediately rejected’ after Fernandes had revealed his intentions through Twitter.
"For all you West Ham fans an offer has gone to the present owners of West Ham. Let's see if they accept," Fernandes tweeted. But Sullivan revealed labeled the approach ‘very unhelpful’ and reiterated the club was only interested in serious offers with a large investment.
"We have received an email from Tony Fernandes regarding an offer for a share of the club which has immediately been rejected. He has announced this on Twitter and people can draw their own conclusions as to the seriousness of it from that,” Sullivan said in a statement.
"We are not looking to sell the club but, as we have always said, we would love co-investors to join us in rebuilding West Ham United, which has been our aim ever since we took charge back in January 2010.
"In the event that a serious investor came forward as was the case at Chelsea and Manchester City, we would naturally consider it for the good of the club - but this is certainly not the case in this instance.
"This kind of approach is very unhelpful when we have just made a big step forward as a club in our hope of returning to the Premier League, and it distracts from our main focus which is promotion."
West Ham appointed Sam Allardyce as the club’s new manager on June 1st.