Pressure on West Ham board mounts

Rebel West Ham shareholders have proposed a three-point plan to wrest control of the club away from Terry Brown and the current board.

The group, known as Whistle, have called for £20.25million worth of new shares to be issued, with around £10m of the sum raised, set aside for transfers. They also demand that the directors, including majority shareholder and chairman Brown, should step down from their roles and for a new board to be elected.

Whistle also call for a number of potential private investors to be introduced into the plc as majority shareholders.

The action plan, distributed in a document to shareholders, outlines the options for the first stage of the "necessary shake-up" at Upton Park.

The group have secured the 100 signatories and the backing of the holders of 40,000 shares needed to put the board's future on the agenda at the club's AGM on 8 December.

However, the club claim they have missed the deadline for the motion to be put on the agenda and have proposed that the issue is discussed at an extraordinary general meeting.

Whistle have challenged this and are taking legal advice.

In their document Whistle said: "One of the key aims of this initiative is the installation of a confederation or consortium of new owners rather than a reliance on one key individual."

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