Daniel Kretinsky is poised to become the largest shareholder of West Ham United after agreeing to buy an increased stake from the family of the late David Gold. The Czech billionaire’s ownership share is set to rise from 27 percent to 43 percent following the agreement with Vanessa Gold, who inherited her share from her father when he passed away in 2023. The transaction is expected to be finalized within the coming weeks.

This development follows the resignation of David Sullivan, who stepped down as director and joint-chair last weekend amid historical allegations of sexual misconduct. The allegations, detailed in a joint investigation by media outlets, accuse Sullivan of abusing his power and engaging in predatory behavior during the period in which he built his fortune in the adult entertainment industry. Sullivan, who held a 38.8 percent stake in the club, denies the accusations. Nevertheless, his ownership is now under review by the Independent Football Regulator (IFR), which could compel him to sell his shares if it decides he no longer meets the required standards of honesty and integrity expected of football club owners.

West Ham’s board reportedly was only informed of the allegations about a month prior to their public disclosure and was not fully aware of the details until the joint investigation was published. In response to the ongoing situation, the club released a statement expressing concern for the victims and emphasizing the importance of unity among fans, players, management, and the board to secure the club’s future.

Kretinsky, who joined West Ham as a stakeholder in 2021 with an initial £150 million investment, is expected to provide additional financial support to aid the club’s efforts to regain Premier League status following their relegation last month. The club is currently managed by Nuno Espirito Santo, and the new ownership structure aims to stabilize operations and retain key players during this transitional period.

David Sullivan and David Gold originally took control of West Ham United together in 2010, having previously owned Birmingham City. Kretinsky also holds significant interests elsewhere, including serving as president and a major shareholder of Sparta Prague.

As the club navigates both on-field challenges and off-field controversies, Kretinsky’s increased involvement signals a shift in West Ham’s ownership and a potential new chapter as they seek to return to England’s top football division.