Sources: David Sullivan to make decision on quitting West Ham this summer
West Ham chairman David Sullivan could quit West Ham this summer, sources have told Football Insider.
Sullivan currently owns 38 per cent of the Hammers and was joint-chairman alongside the late David Gold since their purchase of the club in 2010.
Czech billionaire Daniel Kretinsky currently owns 27 per cent of the club following his investment in 2021, and it is believed he is keen to extend his ownership of the club.
Football Insider sources revealed on Sunday (5 March) that Kretinsky plans to invest a further £150million into West Ham to purchase David Gold’s 25 per cent.
Should Kretinsky follow through with that investment, he would overtake Sullivan as West Ham’s majority shareholder.
Kretinsky is also the majority owner of Czech side Sparta Prague and has been the chairman of the home club since 2004.
It is understood that Sullivan and Kretinsky have already discussed the matter of majority ownership, and that Sullivan will make a decision in the summer regarding whether or not he’ll stay at the club.
Sullivan first took charge of the club in 2010 alongside business partner Gold, who passed away in January.
The duo bought a 50 per cent share of the club between them and then increased their stake by 10 per cent at the end of their first season.
During their ownership, West Ham has moved from Upton Park to the 66-000-seater London Stadium and qualified for continental football through the Europa League and Europa Conference League.