West Ham United co-owner David Sullivan shot down an informal bid involving a former Queen’s Park Rangers chief executive to buy the club.Ex-QPR chief Phillip Beard was part of the consortium which made an informal approach in February and was reportedly prepared to submit an offer of more than £400million.The consortium was rumoured to be willing to give manager David Moyes the necessary funds in order to strengthen his squad.But Sullivan, who owns the East London club alongside David Gold, claimed he felt the offer was a “property not a football deal” and that the “vague proposal was not in the best interests of West ham and its shareholders or supporters”.Sullivan told BBC Sport: “The offer was derisory.
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