Kieran Maguire expects 'auction' for West Ham as 'deal of the century' cited
There could be an “auction” for West Ham after Liverpool and Man United are sold, according to Kieran Maguire.
Speaking exclusively to Football Insider, the football finance guru insisted West Ham’s “deal of the century” for the London Stadium makes them an exciting proposition for potential buyers.
GSB sold a 27 per cent stake in the club to the investment group of Czech billionaire Daniel Kretinsky last year (10 November 2021).
Claret & Hugh reported last week (19 November) that they have no intention of selling any more shares to allow him to complete a full takeover but he is expected to try and strike a deal.
“If I was David Gold or David Sullivan to stay where I am in terms of ownership of the club at present,” Maguire told Football Insider‘s Adam Williams.
“We’ve seen the sale of Chelsea for £2.5billion and the potential sale of Man United for twice, or even more than twice that sum, and that’s certainly increased the gowing rate.
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“Remember it was only just a year ago that we saw Newcastle United go for £305million and now we’ve got clubs going for 15 times, or perhaps 20 times that value.
“Given that West Ham is a London club and it’s got the deal of the century in terms of the stadium contract, there are a lot of positives in terms of the value of the club which does appear to be taking an upwards trajectory.
“It could be that if there are potential bidders for Man United and Liverpool who are not successful, they might still be interested in acquiring a Premier League club and then a club such as West Ham would certainly come into their field of view.
“What we’re likely to see is some form of auction, you only sell to the highest bidder and we’re talking in six months’ time about how West Ham are an attractive proposition and therefore at an attractive price.”