The dawning of a new era 🚨🚨: Sky Sports has announced West Ham United’s new largest shareholder following the resignation of David Sullivan.

Kretinsky and Vanessa Gold have moved closer to reshaping West Ham’s ownership structure after agreeing key terms with 1890 Holdings in a significant deal announcement today.

“We have reached agreement on the key terms of a share purchase transaction between the Gold family and 1890 Holdings, which, subject to other Shareholders’ pre-emption rights and necessary approvals, would make 1890 Holdings (part of the broader group EP) the largest Shareholder in West Ham with an approximately 43% stake. As the largest Shareholder, group EP will be able to provide the additional financing the Club needs.

We expect to finalise this transaction in the next couple of weeks. Once the agreement is complete, group EP and the Gold family have also agreed to vote jointly on key matters and to support the strategy targeting an immediate return to the Premier League.

Alongside Daniel Křetínský and Vanessa Gold, the other Shareholders, namely Tripp Smith, Daniel Harris and Terry Brown, are fully aligned on this strategy and stabilising the Club.

We are taking these steps because West Ham United needs to be truly united at this moment in its history.

We believe that a strong coalition – of fans, players, management and the Board – is essential to securing the bright future this Club deserves. We are absolutely committed to playing our part.”