An insider has lifted the lid on how Daniel Kretinsky will fund huge West Ham transfer deals for David Moyes this summer.
Hammers boss Moyes has stated he needs to perform a rebuild at West Ham this summer (The Evening Standard).
In a recent interview with Alan Shearer for The Athletic the Scot made his feelings perfectly clear to West Ham owners David Sullivan, Daniel Kretinsky and David Gold that he must get big backing financially this summer to continue to progress.
A host of quality signings are needed in key areas such as up front, central defence, central midfield and at left-back. And the goalkeeper situation surrounding Alphonse Areola’s future must be settled too.
With Czech billionaire Kretinsky on board as West Ham’s second biggest stakeholder, supporters are hoping to see more ambition and a willingness to back Moyes with serious money.
Especially as signing so many players in one window – as we have seen with some of the prices quoted in January – will not come cheap for the Hammers.
Insider lifts lid on how Daniel Kretinsky will fund huge West Ham transfer deals for David Moyes this summer
And now a club insider has lifted the lid on how Kretinsky will fund huge West Ham transfer deals for Moyes this summer.
The West Ham insider told Claret and Hugh that Kretinsky will use some of the companies he is involved in to fund deals of over £100m.
“New board member Daniel Kretinsky has remained very quiet since joining the board,” Claret and Hugh state.
“But we understand any cash above £100 million required for new players could be supplied via one of his companies at a more competitive interest rate than provided by the High Street banks.”
Earlier this season Hammers News reported how Kretinsky’s spokesman Daniel Castvaj revealed the co-owner has over €700m (£585m) available to him each year to use purely for investments.
Let’s hope some of that comes West Ham’s way if we are to continue to compete and challenge as we have done over the last two years under Moyes.