Czech businessman Daniel Kretinsky is in advanced talks to buy a minority stake in West Ham, according to multiple reports in the English media.
The billionaire already owns Sparta Prague, as well as owning shares in Sainsbury’s and Royal Mail, and he is now looking to buy up 27% of the Hammers.
Some reports even suggest that Kretinsky eventually intends to mount a full takeover, ending David Sullivan and David Gold’s tenure as the club’s owners. Supporters on Twitter are very excited by this latest development:
Let hope he delivers
— TMJamie⚒⚒⚒ (@jamiesandison1) October 28, 2021
Czech Ham United more like
— Mario silva (@Monster19754334) October 28, 2021
Class. This is class. Get some more Czech beasts through the door too! Bring on a hopeful new era for us⚒️⚒️⚒️
— Luke Dobell (@Luke__Dobell) October 28, 2021
GSB out finally 🙏
— Matt hones (@Matthones1) October 28, 2021
Agent soucek strikes again
— Mario silva (@Monster19754334) October 28, 2021
It is likely that an official announcement will be made in the first weekend of November, and the share sell-off is expected to value West Ham between £600m and £700m.
Kretinsky is expected to have an option to buy the whole club, although it is thought this will only be open for a limited period of time. Sullivan and Gold have owned the Irons since 2010 and it appears their time at the club could soon be over.
