Simon Jordan shares owner fears amid West Ham takeover claims
Simon Jordan has shared his concerns for the future after further Friday updates on Daniel Kretinsky’s attempts to take control of West Ham.
The Czech billionaire is reportedly close to purchasing a big stake in the Irons with a view to a full takeover, and Jim White shared live on talkSPORT [29/10/21] that David Sullivan has signed a confidentiality agreement as talks progress.
“[It’s] interesting that Newcastle’s gone for £300million and someone’s prepared to pay, if you gross it up, the best part of proportionally £600million for a club because they’ve got to buy £150million for 25`%,” ex-Crystal Palace owner Jordan replied.
“They don’t own their own stadium.
“It tells you the brand of the Premier League is what people are buying.
“Sullivan and [David] Gold aren’t saying much about it – the fact it’s in the public domain I always find curious because there’s no reason for it to be in the public domain unless someone wants it to be out there.
“What it does tell you is that we are in the territory of every single football club in this country will soon be owned by everybody else besides British people, and that disappoints me and dismays me because if everybody else can see the value of our football clubs, why can’t we see the value?”
Foreign ownership brings with it a number of challenges, and it can lead to angst among supporters, particularly for those who have followed the club for decades on decades.
There have been numerous examples of wealthy businessmen using football clubs as their latest playtoy, and some have plunged them into crisis – George Gillett and Tom Hicks dragged Liverpool into the mire, for example – but there are plenty of others that have led the way in terms of how to run them.
Vichai Srivaddhanaprabha took charge of Leicester City in 2010 and helped them from the Championship to improbable Premier League winners in 2016 before they reached the Champions League quarter-finals a year later.
But apart from financing the team on the pitch, he also did vast amounts off the pitch in terms of the infrastructure and what he helped to do in the community.
Vichai tragically passed away in 2019, but his legacy remains, and his tenure at Leicester remains an example for all.
West Ham supporters aren’t necessarily demanding a tilt for the Premier League tilt in the next few years, but they want to feel part of the club and that the owner/s have big aspirations.
For that reason, nationality is an afterthought.
It’s a pertinent point raised by Jordan, but as long as there is care and consideration for the supporters and the club, there should be few fears for West Ham fans if Kretinsky takes charge.
In other West Ham news, Micah Richards’ Irons admission stunned Mark Chapman & Chris Sutton this week.