August 3 – Vanessa Gold has confirmed that her family has reached a provisional agreement to sell its 25.1% stake in West Ham United to a consortium led by former Newcastle United co-owner Amanda Staveley.
The daughter of late West Ham co-owner David Gold revealed that the proposed buyers are PCP Capital Partners, led by Amanda Staveley and Mehrdad Ghodoussi, alongside Ashland Forest Capital Partners.
In a statement, Gold said the deal has not yet been completed but wanted to keep supporters informed about the current situation. She added that her priority is to see the club placed under leadership capable of helping West Ham fulfil its ambitions and reclaim its place among the Premier League’s leading sides, expressing confidence in Staveley and her investment group.
Although no official fee has been disclosed, the Gold family’s 25.1% shareholding is estimated to be worth around ÂŁ150 million.
The proposed sale has intensified an ownership battle involving Czech billionaire Daniel Kretinsky. Earlier this summer, following West Ham’s relegation, Kretinsky’s EP Group entered talks with the Gold family about acquiring the same stake. A successful deal would have increased his holding from 27% to just over 42%, overtaking David Sullivan’s 38.8% shareholding and making him the club’s largest shareholder.
However, EP Group has made it clear it is not backing away. A spokesperson said the agreement previously reached with the Gold family in June offered stability during an important period for the club, claiming the latest development has created uncertainty instead. The spokesperson added that EP Group is reviewing all available options, including exercising its pre-emption rights.
For now, David Sullivan remains West Ham’s biggest shareholder as the ownership battle continues.
