West Ham have denied an announcement is imminent on Eggert Magnusson's proposed 75million takeover of the club.
The Icelandic businessman, who is head of the Football Association in his own country, has been reported to be meeting Hammers chairman Terry Brown this week for discussions. His initial bid was turned down last week but he returned with an improved offer and it was understood that an announcement on the matter could be made soon.
Responding to the possibility of an announcement happening on Thursday, a spokesman for the club insisted: "This is absolutely, categorically not the case."
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