Amanda Staveley submits £160m offer for Gold Family's West Ham United shares, agreement hours away

Amanda Staveley has reportedly submitted an offer to buy the Gold Family's shares in West Ham United.

It's claimed that former Newcastle United co-owner Staveley is part of a consortium that also includes her husband Mehrdad Ghodoussi, a self-proclaimed Newcastle fan and partner at PCP Capital Partners.

West Ham's behind-the-scenes affairs have made major headlines in recent years, firstly with the death of former co-owner David Gold in January 2023.

David Sullivan then stepped down as joint-chairman in June due to allegations about his behaviour towards women.

Sullivan and Czech billionaire Daniel Kretinsky are the Championship club's two major shareholders but Staveley's consortium now looks to be joining them by buying Vanessa Gold's 25 per cent stake.

And Staveley might not be finished there.

Amanda Staveley to get West Ham deal done within hours - then it's onto David Sullivan

According to former Sun journalist Alan Nixon, Staveley has offered around £160million to buy Vanessa Gold's West Ham shares.

Writing via his Patreon page on Friday morning, Nixon added that the agremeent could be finalised within the next 24 hours.

It is understood that rival bidders are unlikely to match or exceed what Staveley's consortium are offering for a quarter of the Hammers, who begin their season next week when they take on Portsmouth in the Carabao Cup first round.

If Staveley is successfull, the Yorkshire-born financier is then expected to "take aim" at Sullivan's shares.

But how much of the East London club would that leave Staveley and co in control of?

Who owns what of West Ham?

As it stands, Sullivan owners 38.8 per cent of West Ham.

That means that if Staveley is able to buy the 25.1 per cent owned by Vanessa Gold on behalf of the Family Trust, it would make her and her business partners the majority owners of the club.

Kretinsky, through 1890s Holdings, owners 27 per cent.

J Albert Smith, the ultimate owner of WHU LLC, owns eight per cent, with the remaining 1.1 per cent owned by other investors.

Ultimately, there could be a power struggle on its way to the London Stadium.

Sullivan really does need to sell his shares but will he strike a deal to make Staveley's group the new majority owners? Or will he find an agreement with Kretinsky?

West Ham Zone reported in June that Staveley and Ghodoussi were at the London Stadium last month amid speculation about buying into the club, although they were there to watch Take That at that moment.

Either way, it could mean the messy period in the halls of power at West Ham is set to continue for a while longer.