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West Ham ownership crisis deepens after Sullivan exit

BBC Sport Football •
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West Ham United faces uncertain future after David Sullivan stepped down as co-chair in June 2023 amid serious allegations. The Independent Football Regulator seeks "urgent information" regarding his suitability. Despite his departure, Sullivan remains the club's largest shareholder at 38.8%, with the club recently relegated to Championship after 14 Premier League seasons.

Ownership questions intensify with Daniel Kretinsky and Vanessa Gold holding 27% and 25.1% stakes respectively. Multiple senior executives have departed recently, including Karren Brady and Nathan Thompson. Kretinsky, who owns multiple businesses including Sainsbury's and Royal Mail, vowed to help West Ham return to Premier League as quickly as possible.

The club reported £104.2m losses in recent accounts and faces significant revenue challenges outside the Premier League. With Sullivan's family not taking hands-on roles, focus shifts to Kretinsky's potential increased involvement. Interim CEO Karim Virani now steers the club through turbulent times, with supporters demanding leadership reflecting "decency, integrity and accountability".