Finance Expert: West Ham United takeover coming with negotiation perspective dropped
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 a West Ham United takeover from Daniel Kretinsky was always looking likely even before the sad passing of David Gold.
The Finance Expert admitted that the Czech businessman will need to negotiate with the shares, not only Gold’s but those of Karren Brady and David Sullivan.
It comes after The Times reported that Kretinsky was now ready to put his foot on the gas to complete his full takeover at the London Stadium.
“I’m not fully up to speed with the legal parts behind this when something like this happens, but I think what you would have to be looking at there is you would have to negotiate on the shares that have been passed down to the estate,” he exclusively told West Ham Zone.
“Again, this was one of those that irrespective of his passing, it always looked likely for a full takeover further down the line. If you’re the new owner coming in there, you have to look at the negotiations with where the shares have gone to and Sullivan and Brady as well.
“I think that’s more of a negotiation perspective rather than a real technical operational issue.
“I’m sure there will be some legal background to it as well, but I think this was geared up for a takeover anyway so he was going to go down that road at some point anyway.”
Kretinsky was always plotting for that full takeover of the club, and it looks as though that could happen sooner rather than later at the London Stadium.
This is now certainly one to watch with changes possible at any point, but not without the negotiation period which will no doubt be far from straightforward.
All eyes are on the Hammers right now.