‘I inquired about this…’ – West Ham insider reveals what he’d heard about possible takeover

According to ExWHUEmployee, it is unlikely that West Ham United will undergo a change in ownership in the near future, as David Sullivan has no intention to sell, writes the FFC.

There has been some uncertainty surrounding the club’s ownership, especially since Czech businessman Daniel Kretinsky acquired 27% of the club shares in 2021, with an option for a full takeover. Additionally, the passing of co-owner David Gold earlier this year has added to the speculation.

A recent Daily Mail report suggests that if a sale were to happen this summer, the LLDC – London Stadium landlords – would not receive the 20% of profits that they were previously entitled to due to a clause expiring. It was previously thought that Sullivan may look to sell to someone like Kretinsky after the expiration of a 10-year deadline, but it appears that this is not the plan at the moment.

According to ExWHUEmployee’s latest update on the matter, he has talked to sources over the past week and can confirm that there are no plans to sell the club in the foreseeable future. The West Ham insider shared this information on The West Ham Way podcast. Previously, there were talks that the club would be sold in April 2023, with a foreign investor taking over the club.

He said: “There was always talks that come 2023, April time, the club would be sold and that there’d be an investor from abroad to take over the club.

“When I inquired about this, in the last week or so, I was told very much so that the current chairman wants to keep the club for the foreseeable future. So I don’t think there’s any takeover imminent at this point.

“But that said, you know, things can happen. But at the moment, there’s nothing on the near horizon.”