Gianfranco Zola is hoping to avoid selling his star players in January
West Ham's major shareholder has reiterated that it is not under pressure to sell the club.
A club statement says CB Holding aims to find new owners in the next three years, and is not "under pressure to conclude an agreement".
Former Birmingham owners David Gold and David Sullivan have tabled a £50m bid, which is thought to be well below the club's valuation.
The club say they have had "a number" of other approaches from investors.
Gold and Sullivan wanted to take a substantial shareholding in West Ham, and were reportedly ready to give manager Gianfranco Zola a transfer fund in January.
However, their hopes of a quick purchase suffered a blow when CB Holding's parent company - Straumur-Burdaras Investment Bank - had its debt payments frozen until September 2010.
If that had not happened, Straumur Bank would have been forced to sell off its assets, including West Ham.
Nonetheless, reports continue to suggest that Zola could be forced to sell his best players in January, including Rob Green, Matthew Upson, Scott Parker and Carlton Cole.
"I don't know what's going to happen next month," said Zola at a news conference on Wednesday.
"The only thing I know for sure is that before then we have three games coming up that are very, very important and I want to focus on them. That's the main thing, the rest is out of my control."
The Hammers face Portsmouth on Boxing Day in a match between the Premier League's bottom two.
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