Progress through stability

"West Ham is all about progress through stabilty."
Bjorgolfur Gudmundsson, West Ham v Wigan programme August 16, 2008.

Since when... one manager resigned, two defenders sold to Sunderland apparently against the ex-manager's will, three emergency signings made on deadline day, one new manager appointed, one new assistant manager appointed at cost of £1 million, one sponsor in administration, one compensation bill received from Sheffield United of around £50 million after lost tribunal, one takeover bid from Indian billionaire rumoured, one bank Landsbanki (major shareholder Mr Gudmumdsson) placed into receivership.