Sajmo1 3:29 Thu Oct 28
Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Telegraph
Daniel Kretinsky to propose West Ham partnership with Sparta Prague
Kretinsky is negotiating the purchase of a minority stake in West Ham and has co-owned the Czech club for 17 years
By Sam Wallace,
Daniel Kretinsky, the Czech billionaire negotiating the purchase of a 27 per cent stake in West Ham, will propose a partnership between the club and Sparta Prague which he has co-owned for 17 years, as a potential player development line for the Premier League side.
West Ham have already acquired three Czech internationals in the last two seasons, although none of Tomas Soucek, Vlad Coufal or loanee Alex Kral have come from Sparta who started the weekend in joint second position in the Czech First League. Kretinsky appointed the former Arsenal midfielder Tomas Rosicky as Sparta’s sporting director in 2018 and the 103-cap Czech international is understood to be a key advisor to the billionaire investor who spends a lot of time in London.
As the chairman of Sparta he attends games in person when he is in Prague as well as board meetings. Kretinsky, 45, owns 40 per cent of the club with the remaining 60 per cent owned by the central European investment group J&T Finance Group which is controlled by his business associate Patrik Tkac. Although Kretinsky is currently in negotiations for just a 27 per cent stake of the club, from the 86 per cent of West Ham controlled by David Sullivan and minority partner David Gold, it is possible he could eventually move for full control.
Ten per cent of West Ham is owned by the US billionaire Albert Smith who acquired his stake in 2017 from the club’s former Icelandic owners. An agreement which earns a percentage of any sale price of West Ham for the taxpayer, as part of the terms under which the club lease the publicly-owned London Stadium, expires in March 2023.
Should Kretinsky take full control of West Ham he would have to relinquish his stake in Sparta Prague were both clubs to compete in the same Uefa competitions. Sparta have been a regular in the Europa League in recent years. West Ham qualified for the same competition last season and are currently progressing well in the group stages. Uefa only permit individuals to control one club in their competitions in any given season.
As an investor, Kretinsky has built up stakes in Sainsbury’s and Royal Mail. He has a 49 per cent stake in French newspaper Le Monde as well as a 5% stake at US department store Macy’s.
He owns 10.3% ownership of Footlocker and 10% of Sainsbury’s.
The Czech Republic’s richest man, his moniker of the “Czech sphinx” is not one that is used in his home country. He regards West Ham, valued at around £600 million, as the most realistic option to invest in a upwardly mobile Premier League club with the big six out of reach of even a billionaire of his resources.
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Replies - Newest Posts First ( Show In Chronological Order)
After8
2:57 Sat Mar 19
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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He won't be spending big. Neither will Sullivan. No one is prepared to spend until the ownership is resolved.
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rumford
4:00 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Kretinsky has an option to buy but his investment is safe long term just like Gold and Sullivans was when they bought the club.
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North Bank
3:25 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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The Daily Mail has taken Maguire's article yesterday and done what that shit rag does best and turned it into a negative scare story
Stop panicking
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goose
2:18 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Not sure you did as c&p shows below.
It will effect him but not to a huge extent.
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SurfaceAgentX2Zero
2:17 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Insofar as anyone still takes any of the ratings agencies seriously, nobody takes Fitch seriously. The fucking French fucks.
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british is best
2:09 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Goose yep I read it . And it still says it won't affect west ham not unless you know differently .
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⚒️
1:59 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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😂😂😂😂
To think people actually had faith in this Czech charlatan.
Johnson even got a season ticket thinking the club was being sold 🙈
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Lertie Button
11:50 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Still think we can get rid of Sullivan because of his fondness for Russian hats and coats.
All joking aside people are so fucking stupid that if we floated the idea then some idiot at the Sun or Star would run with it
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Side of Ham
11:42 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Yeah, food shortages are the next thing due to the fertiliser production Russia has…..he has shares in Sainsburys….. :-)
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Mr Kenzo
11:26 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Luckily all his eggs aren't in 1 basket
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goose
11:17 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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But his business interests are suffering due to the West’s economic war with Russia. Kretinsky’s investment company EP Infrastructure owns 49 per cent of Eustream, a Slovakian pipeline that carries Russian gas to Europe.
As a result, EP were put on a negative watch-list by international credit ratings agency Fitch Ratings last week.
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goose
11:11 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Did you actually read the article?
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british is best
11:08 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Kieran Maguire wrote an article on the football insider site yesterday saying it in no way affects whufc . As Kretinsky isn't russian and ain't an ogillarch .
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goose
10:19 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Better it happens now then when he’s in full control I guess.
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Mex Martillo
10:11 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Everything in flux at the moment, very difficult to see how the pieces will fall.
Thanks goose.
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Darby_
10:08 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Ha, just our luck. We're cursed when it comes to owners.
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goose
9:51 Sat Mar 12
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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https://www.dailymail.co.uk/sport/sportsnews/article-10604457/David-Sullivan-David-Golds-West-Ham-takeover-plan-jeopardy-amid-Ukraine-war.html
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Manuel
3:27 Sat Nov 27
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Just read his comments in the ES. Okay, some, or even all of that, may have been written for him, but I liked how it read. A football club is so much more than 3 points on a Saturday afternoon. Being prominent in the community is massively important imo.
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Manuel
3:21 Sat Nov 27
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Just read his comments in the ES. Okay, some, or even all of that, may have been written for him, but I liked how it read. A football club is so much more than 3 points on a Saturday afternoon. Being prominent in the community is massively important imo.
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Manuel
3:13 Sat Nov 27
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Reading between the lines it wasn't exactly hard to see that this agreement would be in place. This fella aint the type who would be happy being a number 2 at a club indefinitely.
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Johnson
12:45 Sat Nov 27
Re: Daniel Kretinsky Czech investment group 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd.
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Hammer and Pickle 10:09 Fri Nov 26
You’re just rambling now.
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