{"id":295754,"date":"2023-11-01T18:09:23","date_gmt":"2023-11-01T18:09:23","guid":{"rendered":"https:\/\/tellmysport.com\/?p=295754"},"modified":"2023-11-01T18:09:23","modified_gmt":"2023-11-01T18:09:23","slug":"west-ham-investment-could-attract-sheikh-jassim-after-failed-man-utd-takeover","status":"publish","type":"post","link":"https:\/\/tellmysport.com\/soccer\/west-ham-investment-could-attract-sheikh-jassim-after-failed-man-utd-takeover\/","title":{"rendered":"West Ham investment ‘could attract Sheikh Jassim’ after failed Man Utd takeover"},"content":{"rendered":"
Sheikh Jassim could reportedly buy a stake in West Ham after his failed Manchester United takeover bid. <\/p>\n
Following months of negotiations with Glazers about taking full control of the Old Trafford club, the Qatari billionaire pulled out of the running last month. However, he remains interested in getting involved with an English club.<\/p>\n
One club open to investment is West Ham, where a 10% stake has been put up for sale by Vanessa Gold, the daughter of the club\u2019s late joint-chairman David Gold, who died in January. According to The Times, club insiders believe that may attract an offer Sheikh Jassim. <\/p>\n
READ MORE: Reason why Sheikh Jassim quit Man Utd takeover process as Sir Jim Ratcliffe closes in <\/b><\/p>\n
READ MORE: Football fan buys 1,000 tickets to his team's match and will give them all away for free <\/b><\/p>\n
Ms Gold\u2019s family owns 25% of West Ham and the wheels are in motion over the sale of part of that stake. It is reported that Ms Gold may even be willing to sell the whole 25% for the right price.<\/p>\n
Czech billionaire Daniel Kretinsky, who bought a 27% stake in the Hammers in 2021, is not expected to buy the shares. Other investors have also been made aware of the situation.<\/p>\n
Where do you think West Ham will finish this season? Tell us in the comments section below<\/i><\/b><\/p>\n
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David Sullivan \u2013 David Gold\u2019s long-time business partner \u2013 has the biggest stake in West Ham at just under 39%, while the financier Tripp Smith has 8%. Ms Gold, succeeded her father as joint-chairman following his death. She confirmed she is looking to sell part of the family share in a statement.<\/p>\n
\u201cI would consider selling a proportion of our shares to the right partner,\u201d she said. \u201cI 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.<\/p>\n
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\u201cAny transaction to purchase some of our shares will be with my father\u2019s legacy at the forefront of my mind which, of course, prioritises his beloved West Ham United.<\/p>\n
\u201cI 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.\u201d<\/p>\n