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West Ham eyewatering valuation .. it’s not ‘millions’ anymore

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David Gold’s family is thought to value their West Ham shares at around £250m, valuing the East End club at over £1 billion.

Surviving daughter Vanessa Gold and Dan Cunningham, and the wider family, own 25.1% of WH Holding and are now free to sell those shares after probate was settled.

Several American investors have been linked to West Ham in recent months, but Claret and Hugh understand interest is at a very early stage, and no one has provided proof of funds at this stage.

We are unlikely to see any immediate change of ownership in the coming season.

A one billion valuation would value Daniel Kretinsky’s shares at  £270m, a profit of 60% and a handsome return of £101.25m.

David Sullivan’s shares would be worth £381m, while Tripp Smith’s shares would be valued at £80m.  The remaining 1.1% would be valued at £11m with Terry Brown and Daniel Harris and family the beneficiaries.

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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 Moore Than Just a Podcast A Blogger on West Ham Till I die 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

19 comments

  • Andy Stone says:

    It seems that Vanessa has some ornamental shares to dust down occasionally. No assets equals.not much.

  • Colin says:

    Forgetting sullivan and Brady and kretinsky, our other big invester wants to sell there shares for a oocketful of gold kind of apt really. Leeches spring to mind.

  • Andy⚒ says:

    Don’t own the ground. Probably the worst training ground in the premier league/ championship I’ll include. No chance .

  • Whippet hammer says:

    I can’t believe our club is still associated with the parasitic Terry Brown.

    • Banter Club says:

      Time to completely reset and ditch all those who have any control and influence!

  • Razor says:

    Need to stop siding with this dreadful board we have and tell sullivan and Brady and kretinsky to sell up and go before the fans really get this lot toxic in their aims of dislodging them . Great at porn useless at football as a business that must always think about the fans . Tell them retire asp no more 1 more season.

  • Wayne says:

    How can a club that does not own their own stadium be worth that much? That’s where our problem in attracting a better owner is going to be out downfall.

    • Razor says:

      New owners in best city in the world and premier league will be many and really rich ones as will sort out stadium and new training facilities and players coach and still have plenty over . No downfall there ffs. Wake up and see what will happen to the London stadium.

    • Tim Armstrong says:

      It’s the brand and the PL share. Easily worth £750m. Player values and a few physical assets make up the other £250m

  • Dudley Tyler says:

    In reality you don’t want your club to go for a huge price. It leaves the new owners with less to spend on assets like players. This is why you hear more and more about buyers looking at Championship teams. Far lower entry cost and if you get them established in the PL a far better return. West Ham owners might like a billion as the price tag. They might want to consider how many hundreds of millions (say 800?) relegation might cost them

    • Do the math says:

      As an investor interested in buying West Ham from America or the Middle East I’d wait until the end of the 25/26 season.

      Sullivan & Brady can quote crazy money via Sean, but the reality is if we end up relegated West Ham becomes financially more ripe for takeover.

      • Wayne says:

        To be fair, the mouthpieces for the club are there to feed whatever Sullivan tells them, doesn’t mean any of it is true.

        Never know a club to have so many ‘in the knows’ spreading the same info.

        • East End Circus 🎪 says:

          C&H are “owned” by Sullivan so can’t wait for a takeover so we lose all the ITK’s that serve their masters!

  • East End Circus 🎪 says:

    Must be our state of the art training facilities in Rush Green & Chadwell Heath 😂😂😂

  • Dave says:

    Can’t work out what anyone is buying, the club doesn’t own anything.
    The players can walk away for nothing, don’t own the ground, don’t own the catering, most employees are outsourced and the club loses millions most years.
    Who would buy something with no profit and little assets…

  • Time for Change says:

    So our revenue from European football has fallen and somehow our’ club valuation has risen from £800m up to £1 billion 🤔

    • Jon says:

      Forbes currently value West Ham at $1.1billion which is £812million.

      Selling a club is a bit like selling a house as it’s only worth what someone is prepared to pay. I think Sullivan found this out when he didn’t get anywhere close to his listed price.

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