Daniel Kretinsky yet to agree deal to purchase minority stake at West Ham
GSB are yet to agree a deal with Daniel Kretinsky that would see the Czech billionaire become a minority shareholder at West Ham, according to Claret & Hugh.
On Thursday, 90min reported that Kretisnky, who also owns 40 per cent of Sparta Prague, has “agreed a deal that will see significant investment into the club”.
Claret & Hugh now inform that while talks are underway, no deal has been agreed and six other investors are willing to buy into the high-flying East London club.
GSB are reportedly ready to sell shares to help pay off debuts and are willing to sell between 20 and 30 per cent of their shares to new investors.
It did seem as though that report by 90min was jumping the gun because Kretisnky’s name only started to emerge earlier on Thursday.
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The Czech businessman, who also owns shares in Sainsbury’s and the Royal Mail, is clearly someone who knows football as he currently serves as Sparta Prague’s chairman.
Obviously, there’s the Czech connection too with Hammers duo Vladimir Coufal and Tomas Soucek being two of the stars of David Moyes’ reign in charge and also helping the European nation qualify for the Euros that took place in the summer.
It wouldn’t hurt to strengthen ties between West Ham and the Czech Republic but what matters most is that any new investment is used wisely to ensure the club doesn’t struggle for money further down the line and also allow Moyes to keep his squad in tip-top shape.
Of course, the better we do on the pitch, the more prize money we win. But running a football club as big as West Ham isn’t cheap.
We welcome fresh investment and we’ll definitely welcome Kretisnky to the board with open arms.
In other West Ham news, this is what Michail Antonio said to Cristian Romero in the win over Tottenham.