Daniel Kretinsky owned Czech investment group 1890s holdings buys minority stake in West Ham

While West Ham’s men team has been in fine form this season, their summer window was fuelled with speculation about a potential new owner. It had many fans wondering as to whether that would see the team spend more over the summer but the move never materialized. However, rumours and reports indicated that the club were indeed looking at someone to buy a stake, which was confirmed by David Moyes.

“A successful global investor, businessman and lawyer, Mr Křetínský’s investment follows diligent negotiations with the shareholders, including West Ham United Joint-Chairmen David Sullivan and David Gold. The agreement is a further improvement to the Club’s capital structure which will initially enable the reduction of its long-term debt and the ability to continue to direct funds generated into other key areas of focus, continuing the positive progress made at West Ham United in recent years.”