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West Ham shareholders could make £280m profit

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The updated valuation of West Ham at £555m after Czech billionaire Daniel Kretinsky bought 27% for £150m  allows us to make some calculations.

We can now work out the profit each investor would make if they sold at that valuation totalling £280m profit on the amount they initially invested.

David Sullivan paid around £66.5m for his West Ham shares initially to own the majority shareholding of 51.5%

His 38.8% holding of the new shares is valued at around £216m which would give a profit of £149.5m before taxes if sold

David Gold invested around £45.5m for his initial 35.1% stake in the club, his 25.1% of the new shares is valued at around £140m giving him a profit in theory of £94.5m before taxes.

Tripp Smith is reported to have invested around £13m for his 10% of West Ham in 2017. His 8% of new shares are valued at around £44m, a handsome profit of £31m before taxes in just four years.

Terry Brown 1.1% of shares are valued at around £6m from an initial investment of around £1m giving him a potential profit of £5m if sold.

Any profit would be subject to LLDC Windfall tax and HMRC capital gains tax so the net amount could be a lot less.

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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 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.

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