Daniel Kretinsky was pictured in the directors’ box as he strikes a deal worth around £ 150million to acquire a stake of around 27% in the club.
Known as the ‘Czech Sphinx’ for the impartial way he runs his business empire, the 46-year-old is part-owner and chairman of Czech club Sparta Prague.
According to Forbes, the fortune of the qualified lawyer is valued at £ 2.9 billion.
Kretinsky’s potential investment has been warmly received by supporters and his sight at the London Stadium will add to the excitement around West Ham at the moment.
West Ham flies under David Moyes and is aiming for a top-four spot and Champions League qualification after a strong start to the season.
The Kretinsky deal would value West Ham between £ 600 million and £ 700million, roughly six times the price paid by co-owners David Sullivan and David Gold in 2010, when they inherited debt of £ 110million.
This raised the possibility of a full takeover by Kretinsky in the future, although Sullivan and Gold are expected to retain a controlling stake until at least March 2023, when they would no longer be required to pay a share of the shares. profits from any sale to the London Legacy Development Corporation (LLDC), which owns the London Stadium.
Sullivan owns 51.5% of West Ham, Gold 35.1% and Tripp Smith, an American financier, 10%, the other investors holding 3.4%.
Asked about Kretinsky’s potential investment last month, Moyes said, “I don’t know more than you do, but it looks like something is going on, yes.”