Story perspectives

Kretinsky Takes 43% Stake, Becomes West Ham’s Top Shareholder

6/14/2026

Summary

Kretinsky Takes Control

On June 13 2026, Daniel Kretinsky will become West Ham United’s largest shareholder with 43%.
His stake rises from 27% to 43%, overtaking David Sullivan’s 38.8% share.
David Sullivan resigned after a report alleged he preyed on women; he denies it and will sue.
Vanessa Gold said the club will stabilise, aim for a Premier League return under Nuno, and close the deal within weeks pending pre-emption rights.

Summary

Kretínský Blames Resignation

The club revealed safeguarding arrangements for David Sullivan existed since 2023, but shareholders learned them this week.
West Ham United runs under an interim chief executive while seeking capital after relegation.
Vanessa Gold and Daniel Kretínský said the crisis started with Sullivan’s resignation and a restructuring putting 1890 Holdings of the EP group dominant.
The board warned a month before the Panorama broadcast that might be published, highlighting knowledge gaps.

Summary

Kretínský Funds Westham

Daniel Kretínský pledged a £90 million cash injection to West Ham United.
West Ham faces £196 million in unpaid transfer fees this summer.
He bought a 27 percent stake for £150 million in November 2021, valuing shares at £5.6 million each.
The 16 percent purchase from the Gold family costs £90 million, aims to close the gap by end-June, and draws positive fan reaction online.

History

Historical Context

In June 2003 Roman Abramovich bought Chelsea for about £140 million, launching a wave of billionaire takeovers in the Premier League. His £2 billion spending on players and facilities set a new financial benchmark that later investors have tried to emulate, prompting regulatory scrutiny of club ownership and debt levels. By 2026, similar stake expansions at other Premier League clubs sparked debates over governance.

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Kretinsky Takes Control

On June 13 2026, Daniel Kretinsky will become West Ham United’s largest shareholder with 43%.
His stake rises from 27% to 43%, overtaking David Sullivan’s 38.8% share.
David Sullivan resigned after a report alleged he preyed on women; he denies it and will sue.
Vanessa Gold said the club will stabilise, aim for a Premier League return under Nuno, and close the deal within weeks pending pre-emption rights.

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