English football's wholesale embrace of foreign ownership is about to suffer its first serious test. West Ham United, who in 2006 were bought by Icelandic duo Björgólfur Guðmundsson and Eggert Magnússon, have been caught up in the financial crisis that has engulfed the tiny country. The collapse and possible insolvency of Iceland's second largest bank Landsbanki, in which current Hammers chairman Bjorgolfur Gudmundsson was a major shareholder, means that the club have nothing in the......

It's been a difficult first week at the helm for West Ham boss Gianfranco Zola. A tidy win against Newcastle on Saturday was followed on Tuesday by a Carling Cup humbling at the hands of Watford. Now Hammers striker (and Londonist United regular) Carlton Cole has found himself under arrest on suspicion of drink driving in central London. Police apprehended the 24-year old in the wee hours of Tuesday morning as he was driving along......