David Sullivan has opened up on his resignation and whether he will sell his West Ham shares as Daniel Kretinsky reportedly closes in on becoming majority owner.
- Major Hammers News exclusive
West Ham United are standing at a crossroads after the resignations of both Karren Brady and majority owner David Sullivan.
And secretive Czech billionaire Daniel Kretinsky is now reportedly ready to increase his 27 per cent stake in the Hammers to become the club’s majority owner.
Sullivan opens up on selling West Ham stake
Only a matter of weeks ago Sullivan confirmed he wanted to increase his stake in West Ham to match the intentions of Kretinsky’s own move to buy up more shares from the Gold family’s 25 per cent stake.
Now he has resigned from the club after 16-and-a-half years and is facing increasing pressure to sell – especially after a season-long campaign of supporter protests.
While he has resigned from the West Ham board, Sullivan remains the majority stakeholder with a 38.8 per cent share.
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There have been claims Sullivan is now open to selling up after it was confirmed his share will not be passed down to sons Dave and Jack.
Now in a major Hammers News exclusive, Sullivan has opened up on selling his West Ham stake as Kretinsky closes in.
It has been claimed Sullivan could be forced to sell his West Ham stake by the Independent Football Regulator. Although pundits such as Simon Jordan do not believe that will be possible.
The Times is now reporting that Kretinsky is closing in on becoming West Ham’s new majority owner by either buying out Sullivan or the Gold family’s stake.
Ahead of that landmark move, Sullivan has opened up on the situation.
Sullivan undecided over West Ham sale as Kretinsky closes in
The ex Hammers chief says he is undecided about whether to sell his stake and does not know if he made the right decision in resigning.
Sullivan also says he has received a lot of support and people telling him he made the wrong call since stepping down.
How do you feel NOW about a full Daniel Kretinsky takeover? 💰
Sullivan out at all costs? Or has the Czech ship sailed?
“Who knows?” Sullivan exclusively told Hammers News when asked whether he will now sell his stake.
“I’ve had hundreds of e-mails saying I shouldn’t have resigned.
“I did as I thought it was best for the club, whether it was the right decision I do not know.”
The Times reports that it ‘remains to be seen if Kretinsky ends up securing part or all of Sullivan’s stake’.
But the report also highlights the possibility the ‘Czech Sphinx’ might buy the Gold family stake – which was put up for sale all the way back in October 2023 with no takers as yet.
It is claimed discussions over deals for Kretinsky to buy that stake have already taken place.
According to one prominent journalist who is well connected at the club, Kretinsky has jaw-dropping plans for West Ham if he does become majority owner.
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