“More likely” | ExWHUEmployee | Kretinsky & West Ham stance clarified

Despite recent reports in the media, Daniel Kretinksky has no intention of selling his West Ham shares, its been advised by ExWHUEmployee.

The Czech billionaire, who currently owns a 27% stake in the club, has been rumoured to be considering selling his shares and even talks of a possible falling out with majority shareholder and Chairman David Sullivan.

However, reporting on The West Ham Way Podcast, club insider Ex has reported that these rumours are false, and the Czech Sphinx is in fact more likely to increase his stake at West Ham.

“There have been some noises in the media that Daniel Kretinsky is looking to sell his shares, however I understand that is not the case – neither is the talks of a falling out with David Sullivan,” stated Ex.

“As far as we know at the moment, their relationship is fine and Kretinsky has no plans to sell his shares in the club. It’s in fact more likely he’d increase his stake rather than reduce it.”

Ex though did stress that Kretinsky is seen more as an investor, rather than someone who would be involved in the running of the club.

“While Daniel Kretinsky is a major shareholder, its felt his interest is more in terms of investment and financial, rather than a hands on owner who is involved in the day to day. He has just acquired Royal Mail, so West Ham are a business as part of his portfolio.”