‘Anything possible’ after Daniel Kretinsky deal says West Ham insider after spending claims from several media outlets in the wake of the big deal.
West Ham have this week confirmed the deal to sell a 27 per cent stake in the club to “Czech Sphinx” Kretinsky (whufc.com).
According to reports the investment values West Ham at over £600 million.
Much has been written about Kretinsky and there is understandable excitement among West Ham fans.
Hammers News has previously reported the Sparta Prague owner’s net worth is around four times that of David Sullivan and Gold at around £4 billion – but he is also in line to inherit a large share of a £15bn empire.
But the excitement has been tempered somewhat by reports this week from several media outlets that Kretinsky’s investment will not mean big spending in the transfer window.
The likes of The Evening Standard and Daily Star state that money from Kretinsky’s investment will be directed at reducing West Ham’s debt – which David Sullivan told Hammers News last month stood at £150 million.
“His initial investment will help West Ham pay their debt which stands at £150m and David Moyes is unlikely to spend big in January as the Hammers chase Champions League qualification, though the Scot will be backed to bring in a central defender and a back-up striker to cover for Michail Antonio,” The Evening Standard states.
And The Daily Star concurred stating: “Kretinsky’s cash will primarily go towards paying down club debts and has not been earmarked for Hammers boss Moyes to spend in the transfer market.”
But West Ham insiders Claret and Hugh – who have close ties to Sullivan and David Gold – claim those reports are not necessarily accurate.
‘Anything possible’ after Daniel Kretinsky deal says West Ham insider after spending claims
Indeed the Hammers insiders state ‘anything is possible’ following the Kretinsky deal.
“It could also well be that with Kretinsky stating his passion for the game well and truly up front, he may decide to fund top players on top of his £150 million shareholding,” Claret and Hugh state in the article titled ‘Irons deal done – now anything is possible’.
“Apart from buying shares worth £150 million anything now becomes possible in the new Hammers world.”
It is clearly in Kretinsky’s interests as the club’s second biggest shareholder that West Ham are successful.
David Moyes has put them in a magnificent position to achieve something memorable.
So don’t discount Moyes getting exactly what he wants come January.
And who says West Ham need to go on a lavish spending spree? That has failed miserably in the past and Moyes’s careful, diligent approach to recruitment is hands down the way forward for the Hammers.
The difference Kretinsky could make is fronting that extra cash needed to persuade clubs to part with the kind of players – and particularly a striker – Moyes and head of recruitment Rob Newman have lined up.