Kieran Maguire makes bold West Ham takeover claim after ExWHUemployee shares Gold update
David Gold could be willing to part-sell his shares at West Ham if he receives the right offer.
So says finance boffin Kieran Maguire, speaking exclusively to Football Insider about the latest takeover developments at the London Stadium.
Speaking on the West Ham Way podcast (29 August), ExWHUemployee claimed “decent sources” had told him an unnamed Czech investor is looking at buying a portion of Gold’s shares.
This site revealed back in July that Gold and fellow co-owner David Sullivan were in talks to sell a combined stake of 30 to 40 per cent in the club.
And Maguire explains why Gold may want to offload some shares but remain invested in the club.
“I think that David Gold has a romantic association with West Ham,” he told Football Insider correspondent Adam Williams.
“I think his background and his affection for the club have given him that.
“Let’s be honest, he also likes the idea of being in the director’s box. Those are contributory factors why he may want to remain invested in the club.
“He might be doing this as part of his long-term succession planning in terms of his personal wealth.
“David Sullivan is very much the driving force at the club these days in terms of the share ownership.
“He has a good working relationship with David Gold, so I don’t think there would be an issue with him being unhappy about Gold making a divestment.
“If the share issue allows someone else to come in with new money, that can be beneficial.
“But we have to be a little bit careful about share transfers. If it’s Gold selling shares to a Czech investor then West Ham get no fresh cash.
“If West Ham issued fresh shares to a new investor, they would benefit financially. So that could be an alternative route.”
In other news, pundit claims David Moyes “fuming” as West Ham miss out on Jesse Lingard.