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Hammers make April takeover position clear

West Ham will not be taken over this April as many may have been expecting.

The arrival of Czech billionaire Daniel Kretinsky had many believing that GSB were on their way out and that the new shareholder would be making an aggressive bid to gain control of the Irons as the clause with the stadium owners allowing them to sell kicks in.

But in an exclusive comment to ClaretandHugh a key source made it clear that it is not going to happen although the long-term board members wouldn’t be surprised if Kretinsky tried.

He currently has 27 per cent and would need to take 23 per cent of either David Sullivan’s 38 per cent or the same amount from David Gold’s 25 per cent.

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But commenting on the possibility we were told: “GSB have made it clear they have no intention of selling sufficient shares for Daniel to gain control. Sullivan intends to remain the biggest shareholder although it may be possible that David G may sell just a few”

 

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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