On 21 November , West Ham agreed an £85 million takeover of the club from Icelandic businessman Eggert Magnússon.. In April West Ham were fined a record £5.5 million by the League for irregularities in the ownership of Tévez and Mascherano - West Ham 's guilty plea , and the fact that the irregularities had taken place under the previous ownership were cited as reasons for the club avoiding a points deduction as part of its punishment . *
West Ham was fined a record of more than £5 million by the League for irregularities in the ownership of Tévez and Mascherano .