Kretinsky to become West Ham’s largest shareholder.
Supporters will hope this represents the start of real change - but there’s a lot of damage to repair
https://t.co/Kdjt9F53RC
This is the stuff of dreams for West Ham fans…Rush Green badly needs a massive development…..this could he the man to really start to bring the club back
The blueprint 2/2
Křetínský’s 20-year tenure at AC Sparta Prague offers a direct operational blueprint for West Ham's future. After a prolonged period of high managerial turnover and financial deficits, the Czech club achieved back-to-back league titles only after Křetínský removed boardroom involvement from sporting decisions, delegating total recruitment and tactical autonomy to data-driven technical directors. A core component of Křetínský's sports model is heavy capital commitment to foundational infrastructure. At Sparta Prague, his ownership group is directly financing a multi-billion crown rebuilding of the historic Strahov area, alongside a brand-new 1 billion CZK youth and academy campus in the Krč district. He views elite infrastructure as a mandatory requirement for elite performance. This specific pattern makes substantial investment into West Ham's subpar Rush Green training ground highly probable. A primary objective of this transition is the legal optimization of league spending rules. While Squad Cost Rules strictly limit player wage expenditure relative to football revenue, capital spent on training grounds and academy facilities is 100% exempt from financial fair play limits. The long-term commercial anchor is the acquisition of the London Stadium. The venue currently operates at a public deficit, with annual losses reported at £68M. Because a relegation clause automatically reduces West Ham's annual rent by £2.5M, public sector liabilities will increase. Křetínský can negotiate an outright buyout, commercialize the venue for year-round events, and legally use that non-football revenue to expand the club's permitted transfer budget. 🏟️📈#WestHamUnited #LondonStadium #RushGreen #SpartaPrague #PSR #SportsBusiness #SadiqKhan
West Ham and Kretinsky 1/2
Analyzing Daniel Křetínský’s broader corporate portfolio provides a clear indicator of how the current West Ham boardroom transition will likely be managed. David Sullivan’s resignation from executive duties and the club's recent relegation to the EFL Championship have established a specific operational timeline for the minority shareholder. Here are the core financial and regulatory facts. 👇
The immediate factor driving this timeline is the June 30th financial deadline. Championship relegation has created a £90M cash flow deficit for the club. To comply with EFL Financial Sustainability rules and avoid administrative penalties, point deductions, or transfer embargoes, this capital must be injected this month. Křetínský possesses the liquidity required to fund this deficit directly. The capital injection will be executed through a standard corporate rights issue. If Křetínský funds the entire £90M and the Sullivan family elects not to participate proportionally, the family's remaining 38.8% shareholding will automatically dilute. Given David Sullivan’s public step-down to focus on personal legal matters, his estate is unlikely to match the funding. Funding the rights issue, combined with ongoing negotiations to buy out Sullivan’s remaining stock at an adjusted Championship valuation, will position Křetínský to cross the 50.1% majority ownership threshold. Once absolute voting control is established, standard UK corporate law permits a majority shareholder to restructure the board of directors and replace interim family management with institutional executives. #WHUFC #WestHam #Kretinsky #FootballFinance #EFL #Championship #COYI
I am so happy that “it” is gone, tried his best to kill this club, he took us away from our sole, made us a laughing stock, were financially in a shockingly place, our training centre is 3rd tier level & he has turned lifelong fans like me away
Today, we start get our club back
🚨 BREAKING: David Sullivan has stepped down from his position as West Ham Joint-Chair with immediate effect.
He has also resigned as a director of both WH Holding Limited and West Ham United Football Club “having been made aware of the impending publication of serious historic allegations.”
@Brendennel 100% but Irelands golden patch is slowly coming to an end - remember rugby is the 4th sport in Ireland (behind GAA & Football) and is really only played in certain areas of the country, add in population etc
Ireland has done amazing to be competitive for over 20 years
I was asked the other day about the SA-Irish rivalry that is developing. I have a theory. I could be wrong.
But we're very very alike.
We both come from nations written off by others, both need to fight to feel we need to survive.
So think that explains the friction.
Thoughts?
Ger & Dara discuss whether Ciaran Frawley starts at out-half this summer for Ireland, if Jack Crowley is out injured. ☘️
“He’s earned it!”
Off The Ball Breakfast LIVE weekday mornings from 7:30am ⏰
#irishrugby #leinsterrugby
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So happy for Palace fans….must have been amazing 12 months for them! Of course jealous but a real club who did it the right way - also so happy for @HLTCO who is a brilliant follow on this app
Congrats and enjoy mate!
Respect to you for both your decision and also how quickly you shut this down again….playing for your country should mean everything & as you rightly state you want to play for England
Honestly, best of luck with that and I really respect how you have handled this
After years of hunting high & low (for a reasonable price!) I now finally have my hands on an original 1986 home shirt! Let the signing commence ✍🏼
Arsenal got the most red cards in the league last season (6).
Then they made a huge fuss about officiating and even went directly to the PGMOL.
This season they’ve had 0 red cards in 37 games.
Total coincidence, I’m sure.