Deals
Czech Billionaire Buys 27% Stake in West Ham United
Pablo Fornals of West Ham United celebrates with teammates after scoring a second goal during the Premier League match between West Ham United and Liverpool at London Stadium on Nov. 7.
Photographer: Alex Pantling/Getty ImagesThis article is for subscribers only.
Czech billionaire Daniel Kretinsky bought a 27% stake in English soccer club West Ham United, continuing a wave of international acquisitions in the country’s lucrative Premier League setup.
Kretinsky is paying 150 million pounds ($201 million) for the shareholding, according to two sources familiar with the situation, valuing the London club at about $744 million. The sellers are joint Chairmen David Sullivan and David Gold plus another investor, though they will remain shareholders, according to the club’s website.