web analytics

Anxious summer wait for Kretinsky funds to kick in

Daniel Kretinsky’s West Ham arrival has remained one of the most low profile investment happenings at any club over recent years.

The Czech billionaire has of course taken a 27 per cent stake in the club with the common view being that he could become outright owner in 2023 when the club’s ’embarrassment clause’ runs out with the London Stadium owners.

That remains to be seen but regardless of whether he does of not the Davids are set to remain on the Hammers board.

Kretinsky has made just one public statement since his arrival declaring that the club would not be rushing into the winter transfer market.

Since then there has been not a word although we understand board meeting have been held on Zoom given covid and we all now anxiously await the extent of his cash for player reinforcements in the summer.

Start supporting Claret and Hugh today Claret & Hugh’s team of creators work with passion and pride to bring you the quality of content that keeps you coming back for more. Support for our creators, however big or small, will help us keep your Hammers content fresh, frequent and loyal to the club. £5 per month £10 per month £20 per month £50 per year

Thus far, most of his£150 million  investment has been used to clear debt making it much easier to fund the arrival of much needed new players ahead of the season.

The club are refusing to put a figure on the sort of money available but Kretinsky could act as a banker through one of his companies at a low interest rate which would be extra cash on top of the Sky funds.

Click Here for Comments >

About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon