West Ham United takeover news: Finance Expert reacts to 777 Partners update
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive West Ham United columnist. Each week he’ll be giving his views on the biggest talking points at the London Stadium...
Dan Plumley has insisted that there are many benefits to funding a takeover of West Ham United as 777 Partners were the latest linked with a move.
The Daily Mail has reported that the American consortium are determined to invest in a Premier League club, with the Hammers a specific target.
Plumley admitted that Daniel Kretinsky is still the likely frontrunner for taking full control of the club though, regardless of other interest parties.
“You look at the way that firm has operated in the sports market and it stands to reason that they won’t just be looking at one club,” he exclusively told West Ham Zone.
“We have mentioned the ones they have looked at in the past and that’s not unusual. So, there probably is something there having looked at a number of clubs, and we’ve said before, West Ham if you look at the positives in terms of an investment proposition, really good Premier League performance over recent seasons, European football, Conference League win.
“It’s a London club, and the benefit of the stadium deal which is really cheap for the club, so there is a lot to like from an investment proposition.
“It seems to be that Kretinsky is the frontrunner, but if you’re 777 and looking at the amount of sports properties they’ve been linked with getting involved with, it stands to reason that you would be targeting multiple Premier League clubs and West Ham would be logical to be on that list.”
The ownership structure at West Ham is certainly up in the air right now.
With Kretinsky a likely frontrunner, it still depends on what David Sullivan and the David Gold estate decide to do with their remaining stakes at the London Stadium.