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Staveley consortium agrees to buy 25% stake in West Ham
The deal remains subject to pre-emption rights, and West Ham said the club’s day-to-day running will not change during the process.
On Saturday, Joint-Chair Vanessa Gold reached an agreement to sell her family's 25.1% stake in West Ham United to a consortium led by Amanda Staveley, Mehrdad Ghodoussi, and PCP Capital Partners, in partnership with Ashland Forest Capital Partners.
A previous agreement to sell a 16% stake to Czech businessman Daniel Kretinsky stalled, prompting Gold to pursue this new arrangement with the Staveley-led consortium instead.
The proposed sale remains subject to a pre-emption process allowing existing shareholders approximately two months to acquire the shares before ownership changes can be finalized.
Kretinsky, who holds 27% of the club, is reviewing all options, including potentially exercising his pre-emption rights in full to block the consortium's entry.
David Sullivan remains the majority shareholder with a 38.8% stake, as West Ham prepares for the upcoming season following its recent relegation to the Championship.