/world sport
LONDON, England -- West Ham United's Icelandic owner Bjorgolfur Gudmundsson is to become more involved in the day-to-day running of the club, with Eggert Magnusson stepping down as executive chairman.
Magnusson will maintain his involvement in West Ham.
Gudmundsson is keen to establish the Hammers as one of the top sides in the English Premier League, venturing into Europe and switching to a new stadium.
Magnusson will maintain his involvement and keep his stake in the club. "I think it is now important to broaden the management team so that we can deliver the bright future that is opening up for the club," he said.
Gudmundsson, who will continue as chairman of the board of West Ham United Holding, said: "I am so proud of what we have achieved since becoming involved with the club and I am grateful for Eggert Magnusson's contribution to West Ham throughout this time.
"It is now vital for our longer-term ambitions to become one of the leading clubs in England, playing for honors both at home and in Europe, that we strengthen the senior team at the club and build a truly professional management structure for the future."
The club emphasized that Alan Curbishley and his coaching staff would remain in control of all football matters.
West Ham are currently sixth in the Premiership, three points behind leaders Arsenal. E-mail to a friend 
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