West Ham 'valued higher' than Newcastle - Amanda Staveley could 'buy the whole thing'

Amanda Staveley would have to agree a "quite expensive" deal to complete a takeover at West Ham United.

That is according to former Manchester City financial adviser Stefan Borson, who exclusively told Football Insider that the Hammers are valued higher than Newcastle United.

Staveley was a central figure during PIF's takeover from Mike Ashley in 2021, often being spotted at St James' Park alongside her husband, Mehdad Ghodoussi.

Now, the 50-year-old businesswoman is in talks to buy out the Gold Family's shares at the London Stadium, sparking rumours about a potential full takeover in the future.

David Sullivan and David Gold acquired control of the Hammers in 2010, with Daniel Kretinsky later coming aboard as a co-owner in 2021.

The Czech billionaire had agreed a purchase a controlling stake earlier this year, and while he appears to be making the decisions, no deals has gone through yet.

West Ham is 'valued higher than Newcastle United'

Speaking exclusively to Football Insider, Borson has explained just how expensive it would be for Staveley to complete a takeover, rather than buying a 25 per cent stake.

"There has been some talk that they would bid for the whole thing, which would be expensive," he said.

"If you remember, they paid over £300m for Newcastle for the whole of it. So, to be interested in West Ham at a much higher valuation...

"It's a London-based club and it's got the stadium on agreement, but it's not completely obvious where you get the upside from West Ham.

"I'm going to assume they're going to get promoted straight away just because of the quality of the squad. Most people would work on that basis.

"You'd still value it on Premier League metrics, especially because they've got the parachute payments. You'd assume that this season was just an exceptional dip.

"You have a one-year cost of, let's say, £50m being in the Championship. But it's hard to see what she would do beyond the 25 per cent because it becomes quite expensive if you want to buy 100 per cent."

How David Sullivan links continue to haunt West Ham

Despite all of the movement in West Ham's hierarchy, Sullivan remains part of the ownership at the London Stadium.

That has seriously backfired for the Hammers, especially when it comes to the sale of the Women's team and their deal with Monarch Collective.

A deal has been in the works for the best part of a year of discussions, but allegations of sexual misconduct against Sullivan have stalled talks.

It is understood that the West Ham Women's team had no knowledge of the former chairman's ban from interacting with them, with the same happening with the youth teams as well.