Development Casper Ragoose
ownership
Amanda Staveley’s West Ham investment bid
Started Last Movement
Amanda Staveley’s consortium failed to buy into West Ham after existing shareholders exercised their rights.
She remains open to working with them, but Alan Nixon now reports that David Sullivan plans to retain his stake before eventually passing it to his sons.
No-Guff Summary
- Staveley says her consortium failed to acquire a West Ham shareholding after existing shareholders exercised their rights.
- She remains open to working with the current shareholders, subject to other opportunities.
- Alan Nixon reports that Sullivan intends to retain his stake before eventually passing it to his sons.
- West Ham Zone says Jack Sullivan and David Sullivan Jr are holding-company directors but neither runs the club day to day.
Staveley confirms West Ham bid has failed
Amanda Staveley has confirmed her consortium failed to buy into West Ham after existing shareholders used their rights under the shareholders’ agreement. The proposed ownership change is off.
Staveley said the original offer covered David Sullivan’s 38.8% stake and Vanessa Gold’s 25.1% holding. Several reports say Daniel Křetínský increased his stake to 46% after existing shareholders exercised their rights, making him West Ham's largest shareholder. That is not a majority stake.
She said the consortium had wanted to make a positive difference at the club and remains open to working with the current shareholders, unless it pursues one of the other opportunities now on the table. The interest survives. The deal does not.
Sources
- The72 (opens in a new tab) — Reports that Amanda Staveley has confirmed PCP Capital Partners’ West Ham investment bid failed after Daniel Kretinsky exercised matching rights, while Staveley remains open to working with the existing shareholders.
- Claret&Hugh (opens in a new tab) — Reports Amanda Staveley’s statement that her consortium originally sought David Sullivan’s and Vanessa Gold’s West Ham stakes, alongside reported changes to the existing shareholders’ holdings and her continuing interest in the club.
- The West Ham Way (opens in a new tab) — Reports Amanda Staveley’s statement after her consortium failed to acquire Vanessa Gold’s 25.1% West Ham shareholding, including its continuing ambitions for the club and willingness to work with existing shareholders in future.
- Chronicle Live (opens in a new tab) — Reports Amanda Staveley's statement after her consortium failed to acquire a West Ham shareholding, including its continued interest in working with the club's existing shareholders.
- talkSPORT (opens in a new tab) — Reports that PCP Capital Partners’ proposed investment in West Ham United has failed after Daniel Kretinsky exercised pre-emption rights, with Amanda Staveley expressing disappointment and the Fan Advisory Board calling for stability and clear strategic leadership.
- West Ham World (opens in a new tab) — Reports that Amanda Staveley's consortium originally sought control of West Ham through David Sullivan's and Vanessa Gold's stakes, while her stated interest in the club remains subject to future opportunities and shareholder decisions.
- Knees up Mother Brown (opens in a new tab) — Reports that Amanda Staveley has discussed her failed attempt to acquire West Ham shares, while saying her consortium remains open to future involvement with the club.
- Claret&Hugh (opens in a new tab) — Reports that Amanda Staveley’s consortium originally sought both Vanessa Gold’s and David Sullivan’s West Ham shareholdings, while her stated ambitions for the club remain.
- Shields Gazette (opens in a new tab) — Reports that Amanda Staveley’s PCP Partners confirmed its consortium was unsuccessful in seeking a stake in West Ham, after existing shareholders exercised their rights of first refusal, and outlines the reported changes to shareholder holdings.
- Football Insider (opens in a new tab) — Reports that Amanda Staveley could pursue a minority investment in Everton after an alleged failed attempt to acquire a stake in West Ham, with Stefan Borson suggesting a £150m investment could secure a seat at Everton.