Malaysian entrepreneur Tony Fernandes has ruled out making a bid for West Ham United.
Fernandes, team principal at new Formula One team Lotus F1, is a Hammers fan and has been linked with the club ever since current owners CB Holdings announced they were looking for a buyer.
But while the 45-year-old revealed he could be tempted to make a move at some point in the future, he admits other projects are taking up too much of his time at present.
When asked if he had made a bid for the Upton Park club, Fernandes told the Evening Standard: "No, not any time soon. I've got my hands full setting up a Formula One team so it's not something I'm going to do.
"I do worry about the future of West Ham though. They're in a precarious situation and have been badly managed with a poor balance sheet.
"The fans, of which I'm one, deserve better but it's not particularly tempting for a buyer."
Hammers looking to build
On the pitch Gianfranco Zola's side are looking to build on an impressive 1-1 draw against Chelsea when they host Portsmouth on Boxing Day.
James Tomkins came on as a substitute for Danny Gabbidon last weekend and is hoping his performance will have earned him a place in the starting XI.
"We have had to get our legs back first as I know the lads are tired after the energy they put into their performance," Tomkins told the club's official website.
"I think we need to rest up and not drink too much around Christmas time, which I know nobody would do anyway. Then we can just look forward to the game on Boxing Day.
"The Chelsea result will give us massive confidence for the Portsmouth game."