West Ham is in the middle of a takeover by Sparta Prague owner Daniel Kretinsky. He would become a shareholder in the Hammers.
Krinsky owns well-known brands such as the Royal Mail and mega-retailer Sainsbury. The deal is estimated at around £700 million and could rise should the Czech born billionaire choose to take full control of the club.
The Billionaire has experience managing football clubs with his ownership of Sparta Prague. Sparta constantly finds itself in the top three of the table and play regular European football. We will likely see Sparta Prague players join West Ham and vice versa, which is the norm for owners with multiple clubs.
West Ham is currently 4th in the league and have all the extras that make this deal a good one such as a modern stadium and a well-established fanbase. The supporters have been calling out for a change-up top them insisting the current owners are not injecting enough money into the club.With new ownership comes new funds now you won’t be seeing funds like Newcastle will have access too but there will be enough for David Moyes to bring in some reinforcements for the current squad. casinoinquirer.com These changes could happen as soon as the January 2022 W transfer window with West Ham trying to conclude the takeover by November 2021.
The takeover won’t make West Ham start competing for the title or the champions league trophy however it will stabilise the Hammers and make them a permanent Premier League club. Newcastle and to some extent Wolves’ new injection of money could make the lucrative European spots even harder to get into. It will also mean they will be in a better place financially to retain their best players.
West Ham in September turned down an offer by PAI which further frustrated supporters as they wanted to get rid of the current owners as quickly as possible. The fans want an owner who will reinvest in the club and take the club further compared to the past where supporters felt the income brought from the club was not invested back into the club especially after some big sales like Payet.
The West Ham faithful welcome the takeover and have made their views known about the current owners whom they feel are not committed to West Ham.
As the popularity of football has risen even more than before, especially with TV rights bringing in billions per game week for broadcast and millions for clubs, buying a football club is becoming more popular amongst the elite. With Wolves getting new investments and Newcastle getting completely overtaken by Saudi Public Investment Group, the Premier League is becoming more and more competitive.