CZECH Billionaire Daniel Kretinsky Has Held Talks Over Purchasing A Stake In West Ham

Kretinsky, who is the largest Royal Mail shareholder and the second-biggest at Sainsbury’s, is interested in purchasing a shareholding, said to be at 27 percent, at the Premier League club in a deal that would value the club at more than £600million.

Sources claim discussions have been ‘ongoing for months rather weeks’ and are reaching a positive conclusion, with confirmation of an agreement possible next month.

The transaction is said to include an option for Kretinsky to take full control of the Hammers in the future.

That scenario would bring the curtain down on over a decade at the helm of the London club for Sullivan and Gold, who currently own around 86 percent of West Ham between themselves.

The two British businessmen have been open to selling a stake in the club for a significant period of time and have been approached by a number of interested parties over the past two years – though a number have been put off by the £700million valuation.

Sportsmail exclusively revealed British-based consortium PAI Capital’s attempts to buy Sullivan and Gold’s shares earlier this year – though the club insisted they had not received any formal offers.

News of Kretinsky’s potential shareholding at West Ham began to break among other interested parties early yesterday morning.

Kretinsky, who is known as the ‘Czech Sphinx’, already has some investment in football.

He is already the co-owner and president of Sparta Prague and been has been linked to takeovers at clubs across Europe in the past.

His potential arrival at the London Stadium is likely to be well-received by large sections of the Hammers supporters, who have been vocal in their criticism of the Sullivan and Gold regime.

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