Claret and Hugh understand all existing shareholders have taken up their options on the new shares offered.
In April the club on WHUFC.com publicly announced that shareholders were due to inject £30m of cash into the Hammers in response to the pandemic which has caused a financial in football.
That would mean the following breakdown if no-one has diluted their shareholding David Sullivan £15,030,000 David Gold £10,530,000 Tripp Smith £3,000,000 Others £1,140,000
We are told the share offer was fully subscribed and did not require any outside investment from new investors.
Basically, the current West Ham shareholders appear to have paid for the same percentage of shares they already owned instead of making further shareholder loans.
The £30m cash injection will help the club with much-needed cash flow and help to counteract the massive losses West Ham expect to make this season.