West Ham United chief Daniel Kretinsky makes £3.5billion takeover move
West Ham United director Daniel Kretinsky has offered a revised takeover proposal of £3.5 billion to the Royal Mail owner International Distribution Services, according to PA Media.
The Hammers investor already has a shareholding of 27.5 per cent [The Guardian] and is now looking to take a controlling stake.
It has been suggested that the current owners “would be ‘minded’ to back the deal if a firm offer is made” for the Royal Mail.
How could Daniel Kretinsky Royal Mail bid affect West Ham United?
Krentinsky became an investor in November 2021 where he acquired 27 per cent of shares in the club from WH Holding Ltd [Whufc.com].
The Czech businessman came in to provide a boost to the club’s capital which helped the club to deal with any long-term debt they had to deal with.
He also had an eye to improve the club and add to the progress of the club since the move to the London Stadium.
It had been no secret that David Sulivan had been looking for investors and Krentinsky appeared to be in the right place at the right time to take advantage.
There may be some concerns coming from Hammers fans that an investment in the Royal Mail could detract from his focus on the club.
He is already involved as a board member of plenty of companies which he has been involved with before his time with West Ham.
These include Sainsbury’s and Foot Locker, while he has also had shares in the Royal Mail for nearly two years.
Although he is setting his sights on a huge new venture, West Ham should not be affected.
In other West Ham news, six defenders could leave the club this summer in a major rebuild.
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