Icelandic Football Federation chief Eggert Magnusson has confirmed that he is interested in buying Premiership club West Ham.
Magnusson, who is also a member of Uefa’s executive committee, said: “We have shown an interest but there is some way to go.
“West Ham are a great club backed by fantastic support. I am a football man and this is about football.”
West Ham were recently the subject of a takeover approach from British businessman Kia Joorabchian.
Joorabchian had an offer for the club rejected last year and is fronting a consortium who are set to make another bid.
“I have been following events for the last year and have seen there have been some bids from other interests but nothing has happened,” added Magnusson.
“I would suggest that if there are any red herrings, it is the other bids, not our interest.
“I don’t know anything about this Iranian or his interest but I know we are looking at this seriously.
“I would not be wasting my time if we were not serious and whatever comes out at the end, we are serious now.”
Magnusson’s group value the club at around £75 million. They have also agreed to take on the club’s debts of more than £20m giving the total bid a value of £100m.