David Gold’s family put part of their stake in West Ham up for sale

The Gold family have put a proportion of their stake in West Ham up for sale. Vanessa Gold, who became the club’s joint-chair when her father, David, died this year, has appointed Rothschild & Co to sound out interest from potential investors.

The Golds own 25.1% of West Ham, making them the third-largest shareholders. David Sullivan owns 38.8% and the Czech billionaire Daniel Kretinsky 27%. The initial likelihood is that the Golds will try to sell up to 10%, though a source indicated that a bigger stake could be sold depending on the asking price. Kretinsky paid between £180m and £200m in 2021.

West Ham, ninth in the Premier League, won the Europa Conference League last season and have increased the capacity of their home ground, the London Stadium, to 62,500.

“I would consider selling a proportion of our shares to the right partner,” Vanessa Gold told Sky News. “I have spoken to each of the other three major shareholders at West Ham United: David Sullivan, Daniel Kretinsky and Tripp Smith, who have been very supportive.

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“Any transaction to purchase some of our shares will be with my father’s legacy at the forefront of my mind which, of course, prioritises his beloved West Ham United. I have appointed Rothschild & Co to advise us on any discussions and will keep the other shareholders, the club and our supporters updated on any significant developments.”