Kretinsky history makes full takeover unlikely

Reports that Czech billionaire Daniel Kretinsky will mount a full takeover of West Ham look entirely based on his previous investment history.

The 46-year-old has a long history of minority ownership and it is a strategy that has worked very well imdeed for him.

Even as president at Sparta Prague  he remains the minority shareholder with 40% of the shares.

He has a 49 per cent stake in French newspaper Le Monde  as well as a 5% stake at US department store Macy’s

He owns 10.3% ownership of Footlocker and 10% of Sainsbury’s.

The Czech tycoon’s Luxenberg investment vehicle, Vesa, is the largest shareholder in Royal Mail with a 19 per cent stake

His investment firm also co-owns the Czech News Center which publishes several daily newspapers (BleskAha! and Sport) as well as a  4.63% stake in French retailer Casino (Casino, which owns the famous Monoprix and Franprix supermarket and convenience store brands, among others)

They have a stake in Germany’s Metro and a 40% stake in Mall Group, a major e-commerce company in Central and Eastern Europe.

Last month he is reported to have taken a 5% stake in French broadcaster TF1.

 

About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter