The new Sunday Times Rich List has lifted the lid on the staggering combined worth of West Ham’s owners ahead of a big summer.
David Moyes is facing a major rebuild at West Ham this summer with a host of players leaving or not in his plans.
West Ham will require at least six quality signings if not more when the summer transfer window opens on June 10th.
Hammers fans are expectant after being left hugely disappointed by the club’s failure to strengthen Moyes’s shallow squad in the January window.
Particularly after the arrival of Czech billionaire Daniel Kretinsky as the club’s second biggest stakeholder behind David Sullivan.
The lack of additions has been cited by many supporters and pundits as the reason why West Ham’s bid for Champions League football fell short in both the Premier League and via their memorable journey in the Europa League.
While West Ham have done remarkably well under Moyes, the Scot has stated in several interviews that he will need to be backed in the transfer market if the Irons are to continue to compete for the top six.
With European football also assured, West Ham’s squad will once again be fully tested next term.
But there should be no worries over availability of funds if Sullivan, Kretinsky and fellow co-owner David Gold are truly ambitious.
Because The Sunday Times Rich List has lifted the lid on the staggering combined worth of West Ham’s owners ahead of a big summer in the transfer market.
Sunday Times Rich List lifts lid on staggering combined worth of West Ham owners ahead of big summer
According to the new list for 2022, new entry Kretinsky is the 56th richest person in the UK with a worth of £3 billion.
The Slavia Prague owner purchased a 27 per cent stake in West Ham for around £150m in November 2021.
His ‘source of wealth’ is listed as energy, telecoms, media and football.
Sullivan – listed as David and Jack Sullivan and family – is 162nd on the list with a worth of £1.118bn – up £78m on last year.
Sullivan’s source of wealth is listed as property, football and media.
Gold and his family do not appear on the list but their net worth back in 2020 was said to be around £460m.
That would put the staggering combined net worth of West Ham’s owners at over £4.5bn – just £1.5bn short of Roman Abramovich (£6bn) on the list.
According to West Ham insiders Claret and Hugh, Moyes will be given a transfer budget of around £150m this summer.
And he will need every penny to bring in the kind of quality needed to keep West Ham on an upward curve.