West Ham waiting on government approval for Daniel Kretinsky’s investment
West Ham are waiting on government approval before Daniel Kretinsky’s investment can officially be announced.
90min claim that the Irons have agreed everything with the Czech billionaire but are now waiting for an agreement to be reached on the London Stadium.
When the Irons agreed to rent the London Stadium from the London Legacy Development Corporation [LLDC], a clause was inserted that stopped David Sullivan and David Gold from instantly selling their shares in West Ham.
This clause also included a deal that would see the taxpayer receive some money in the event of Gold and Sullivan selling the Irons before 2023.
The deal is still moving along.
This doesn’t seem like it is a major holdup and appears to be more admin than anything else.
So hopefully, this deal will be completed soon, and Kretinsky can take his place as the club’s second-biggest stakeholder and start pumping money in.
The Irons are in such a great position that this investment is coming at exactly the right time.
They are in a position of strength, which means that it is time to build on what they have and back David Moyes, so he can keep the Hammers challenging at the top of the table.
Certainly, it seems as if it is a matter of when and not if when it comes to Kretinsky, and then the fun can really begin in the January transfer window.
These are exciting times to be an Irons fan, and there doesn’t appear to be anything to worry about when it comes to Kretinsky.
In other West Ham news, Karren Brady has her say on David Moyes.
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