Sheikh Jassim could reportedly buy a stake in West Ham after his failed Manchester United takeover bid.
Following months of negotiations with Glazers about taking full control of the Old Trafford club, the Qatari billionaire pulled out of the running last month. However, he remains interested in getting involved with an English club.
One club open to investment is West Ham, where a 10% stake has been put up for sale by Vanessa Gold, the daughter of the club’s late joint-chairman David Gold, who died in January. According to The Times, club insiders believe that may attract an offer Sheikh Jassim.
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Ms Gold’s family owns 25% of West Ham and the wheels are in motion over the sale of part of that stake. It is reported that Ms Gold may even be willing to sell the whole 25% for the right price.
Czech billionaire Daniel Kretinsky, who bought a 27% stake in the Hammers in 2021, is not expected to buy the shares. Other investors have also been made aware of the situation.
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David Sullivan – David Gold’s long-time business partner – has the biggest stake in West Ham at just under 39%, while the financier Tripp Smith has 8%. Ms Gold, succeeded her father as joint-chairman following his death. She confirmed she is looking to sell part of the family share in a statement.
“I would consider selling a proportion of our shares to the right partner,” she said. “I have spoken to each of the other three major shareholders at West Ham United, David Sullivan, Daniel Kretinsky and Tripp Smith, who have been very supportive.
“Any transaction to purchase some of our shares will be with my father’s legacy at the forefront of my mind which, of course, prioritises his beloved West Ham United.
“I have appointed Rothschild & Co to advise us on any discussions and will keep the other shareholders, the club and our supporters updated on any significant developments.”
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