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Kretinsky to become West Ham's largest shareholder with 43% stake

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Daniel Kretinsky is set to become West Ham’s largest shareholder after agreeing to buy more shares from the Gold family. The transaction would lift his holding to 43 per cent, overtaking David Sullivan’s 38.8 per cent. Sullivan stepped down as joint chairman amid historic misconduct allegations that are due to be published. The move comes as the club struggles in the Championship, having missed promotion last season.

The Golds, represented by Vanessa after her father David’s death in 2023, issued a joint statement saying the infusion of capital will fund the club’s push for an immediate Premier League return. They noted that 1890 Holdings, part of the EP group, will provide the extra financing required to stabilise the squad and retain key players under manager Nuno Espírito Santo.

Both parties affirmed they will vote jointly on major decisions and condemned the alleged abuse of power, expressing support for the women who came forward. With the share purchase expected to close within weeks, the board’s focus shifts to securing funding, maintaining the current roster and now delivering the promotion goal that fans demand.