West Ham chairman David Sullivan has slashed £10 million (or one Jordan Hugill) off the asking price of his luxury London home. But before anyone becomes too concerned that the Irons owner will be without a roof over his head, it’s important to remember that his worth is estimated at a whopping £1.1 billion.
Sullivan, the Hammers’ majority shareholder, has listed his humongous Marylebone townhouse for £65 million, citing the need to be “realistic” about current market conditions.
The impressive six-storey property on Portland Place, close to Regent’s Park, boasts original Georgian architecture, a staircase bigger than the steps to row z in the London Stadium, a wine cellar, two garages, a lift, an indoor swimming pool and sauna, and a gourmet chef’s kitchen. Claret and Hugh have contacted estate agent Knight Frank to verify whether a gourmet chef is supplied with the kitchen but we’ve yet to hear back.
The property, which went on the market last November, also has cinematic history, having appeared in The King’s Speech as well as music videos before Sullivan purchased it. It was once used as an embassy and has a somewhat racy reputation for parties before Sully bought the gaff in 2015.
Despite numerous attempts, I have been unable to accurately gauge how many bedrooms that property has but suffice to say it would be adequate for a large family and pets.
“I’m now selling it at a loss, but you have to be practical,” Sully said. He revealed that he initially bought the home for £27 million and spent nearly £50 million on renovations over seven years, bringing his total investment to around £75 million.
For Hammers fans hoping to grab a bargain, it’s unlikely you’ll be able to use your club cash to buy the house with its own cinema.
Happy bidding.
Theres only one question we need to ask, plus quite a few others but what we want to know is WHY is he selling it? What does he need the money for? Is he going to lend it to West Ham? Is it to pay off club debts? Is it for his ex Mrs? Is he going to use it to buy shares off of David Golds daughter? Maybe as he gives the odd cryptic answer to claret and Hugh you could email him and ask him the questions? Thanks.
Sullivan is well use to losing that on the resale of previous WHU transfer purchases, especially strikers, just look at our record, we have lost millions. Probally why we didnt get Duran as that one would have been a profit, to much for Sullivan to take
Sullivan can’t sell it, I read a fuller article yesterday. He says due to non doms and the rich leaving the country, which seems to be true as I saw the other day that more millionaires are leaving the UK than any other country except China. Non doms are not going to stay, who in their right mind would pay full tax in two different countries. Will anyone buy it for ten million less, your guess is as good as mine, Sullivan can afford to sit on it until better times.
Sounds like I’d need a bloody map to find my way to the beer fridge, that alone drops another £64,850,000 off of the asking price.
Throw in a slab of decent beer (not that warm, flat, cabbage water you POMs call beer), and I’m all in!
As an Aussie I approve of this message 😂
I’d rather have decent pint of courage best with a bottle ot light ale than a pint of carbonated p☆ss called Fosters, but I don’t reckon that’d be available ‘up town ” either😁😁🍺🍺
But how do you know that, that is how beer should be drunk, not the fizzy lager, so cold it diminishes any flavour, you call beer.