Charlton concern as Dubai royals 'talking' to Hammers over possible takeover

West Ham are reported to have been approached about a takeover by the Dubai company in talks with Charlton.

Zabeel Investments, owned by the Dubai royal family, made an 'indicative offer' for Charlton last Friday, but Premier League rules dictate they would have to abandon their interest in the Championship club were they to buy the Hammers.

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West Ham

Premier lure: Zabeel Investments would have to abandon a proposed takeover of Championship side Charlton if they moved for the Premier League Hammers

West Ham United chairman Bjorgolfur Gudmundsson

Believed to be in talks: West Ham United chairman Bjorgolfur Gudmundsson

West Ham owner Bjorgolfur Gudmundsson is said to have rejected Zabeel’s offer, although it is believed the Icelander is still in talks with the investment group.

Football business expert Amanda Staveley is understood to be in Dubai discussing a possible deal.

Gudmundsson’s personal finances have been affected by the collapse of Landsbanki, Iceland’s second-biggest bank, and he is under pressure to cash in on his £85million investment in West Ham.