Kretinsky set to become West Ham‘s biggest shareholder and addresses Sullivan allegations
The Guardian · 2026-06-13 · archive
Czech billionaire to increase his stake from 27% to 43%Kretinsky and Gold ‘deeply concerned’ by revelationsDaniel Kretinsky, the owner of Royal Mail, is set to overtake David Sullivan as West Ham’s largest shareholder after agreeing to buy an additional stake in the club from the Gold family.The Czech billionaire has moved to increase his power at West Ham after Sullivan stepped down as a director and co-chair of the club last weekend, before a joint investigation by the Times and Panorama reportingon seven women accusing him ofabusing his power and preying on them for sex in claims that date back...
The Story So Far
West Ham United is undergoing a major ownership transition as Daniel Kretinsky prepares to become the club’s largest shareholder. The Czech businessman is increasing his stake from 27% to 43% by purchasing shares from the Gold family, moving ahead of David Sullivan’s total holding. This change follows Sullivan’s recent departure from his positions as a director and co-chairman. The structural shift occurs amid a media investigation detailing serious allegations of personal misconduct involving Sullivan. Both Kretinsky and the Gold family have formally expressed their concern regarding the reports. This development marks a significant reorganization of the club's board and future leadership.
Read the full article at The Guardian
Back to all West Ham news