Hobby Economists

Sunday, July 4, 2010

West Ham United Finds €30m Loic Remy Bid Rejected by Nice

West Ham United has made another giant move by offering €30 million for France international Loic Remy who currently plays for French club OGC Nice. However, Nice has rejected the offer as West Ham wanted to pay the transfer fee in installments over the next four years.

Following some impressive performances over the last two seasons, striker Remy has attracted attention of a number of European clubs including Arsenal whose scout Gilles Grimandi asked Wenger to consider him in the summer transfer window.

Remy represented Nice in 63 league matches and scored 24 goals including last season’s 14, since his move to the club from Olympique Lyon in 2008. The 23-year-old has so far represented France in 1 match and is considered as one of the future stars of France. He has very good pace and his height gives some aerial advantage.

It seems that West Ham has suddenly got a bucket full of money and already paid their £110 million debt. Transfer activities of West Ham United in the summer have been pretty much surprising and one must admit that the new owners David Sullivan and David Gold are now in an unrealistic dream. Despite being under huge debt, the club is trying to accomplish some big money signings so far in the summer transfer window.

West Ham tried to land Thierry Henry who is now close to leave Barcelona in a move to MLS. They are still one of the interested suitors of Argentine star Riquelme. Recently, the Hammers presented another surprise by making a £16 million offer for Santos prodigy Neymar.

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