West Ham are expecting fresh investment in the club in the coming week, according to an inside source…
It’s widely believed that Czech billionaire Daniel Kretinsky, who is the co-owner of Sparta Prague, will purchase a 27% minority stake in the Irons but the deal was thrown into doubt amid reports from 90min.
They claimed that the east London outfit were awaiting government approval so they could finalise matters. However, this does not appear to be the case, as revealed by a club insider to Claret and Hugh this week.
A deal is instead expected to go through in the next seven days after the 46-year-old was spotted in the directors’ box at the London Stadium for the Hammers’ phenomenal 3-2 win over Liverpool in the Premier League on Sunday afternoon.
This latest update should alleviate any fears that may have brewed from those initial reports and there won’t be a better time to announce such a move, with the bulk of David Moyes’ squad on international duty.
It is also right before the January transfer window, where the Scotsman will undoubtedly be looking to bolster his playing squad, instead of resting on their laurels.
A striker is likely to sit high on his priorities as Michail Antonio, 31, remains his only senior option in the role and he has dealt with plenty of injury problems in the past.
Whether Kretinsky’s investment helps pay any debt or is used for first-team business certainly remains to be seen but either way, it’s going to provide West Ham with a healthy cash injection that’ll benefit them in many different ways, and that has to be an exciting prospect for the Irons faithful.
The Hammers are clearly a club on the up after they moved to third in the Premier League standings at the weekend, whilst they have qualified for the knockout stages of the Europa League just days earlier.
Only 18 months ago, they were battling relegation, having avoided it with just one game to spare. Now, they’re arguably in the greatest position they have ever been in.
The Athletic have also claimed that this deal would spell the beginning of the end for GSB. That’ll only delight many supporters even more as they have regularly demonstrated and protested against their ownership.
It’s certainly an exciting time to be a West Ham fan and this development will only thrill those around the London Stadium even more.