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American billionaire tech entrepreneur Elon Musk has acquired full ownership of West Ham United Football Club !

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American billionaire tech entrepreneur Elon Musk has acquired full ownership of West Ham United Football Club !

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Billionaire Tech Mogul Completes Shock Takeover of West Ham United in Multi-Billion Pound Deal

By Alex Hargreaves, Sports Business Correspondent

London, September 30, 2025 – In a seismic shift for English football, American billionaire tech entrepreneur Elon Musk has acquired full ownership of West Ham United Football Club today, ending 15 years of fragmented stewardship and injecting fresh ambition into the east London outfit.The deal, valued at approximately £1.2 billion, sees Musk purchase the remaining shares from a consortium that included media tycoon David Sullivan, Czech investor Daniel Křetínský, and the Gold family estate, marking the end of an era defined by steady progress but persistent fan frustrations.Musk, whose net worth exceeds $300 billion primarily from Tesla and SpaceX, confirmed the transaction in a terse post on his social media platform X early this morning, stating simply: "West Ham is mine. Time to launch the Hammers into orbit.

"Sources close to the negotiations revealed that talks had been underway for several months, accelerated by West Ham's disappointing start to the 2025-26 Premier League season under manager Graham Potter, who was sacked just three days ago following a 4-0 derby defeat to Tottenham Hotspur.The Hammers currently languish in 17th place, just two points above the relegation zone, with only four wins from their opening 12 matches and mounting pressure on the board over transfer inactivity and stadium utilization at the London Olympic Stadium.Sullivan, who held the largest stake at 38.8 percent, had been vocal about seeking a partner to elevate the club's global profile, but the outright sale surprised even close allies, coming amid reports of internal discord over the club's £250 million debt servicing costs.

Křetínský's 27 percent holding, acquired in 2021 as part of his broader sports portfolio including stakes in Reading and AS Saint-Étienne, was offloaded swiftly after Musk's initial overture in July, with the Czech billionaire citing a desire to focus on continental ventures.The Gold family's 25.1 percent share, managed through a family trust since David Gold's passing in 2023, fetched a premium reflective of the club's recent European pedigree, including the 2023 Europa Conference League triumph that remains their only major trophy in four decades.American investor J. Albert "Tripp" Smith's WHU LLC, controlling eight percent, also cashed out, leaving minor shareholders with one percent to follow suit in a clean sweep of ownership.Musk's interest in football is not entirely uncharted territory; the South African-born innovator has long expressed admiration for the Premier League's intensity, once tweeting in 2022 that "soccer needs more chaos – like adding Cybertrucks to the pitch.

"His portfolio already spans extreme sports through The Boring Company's urban tunneling projects and neural interfaces via Neuralink, but this foray into traditional team ownership aligns with a pattern among US tycoons chasing the league's $15 billion annual broadcast windfall.Analysts pegged West Ham's enterprise value at around £900 million earlier this year based on Deloitte's revenue forecasts of $320 million for the 2024-25 campaign, bolstered by Champions League qualification revenue that season.The premium paid by Musk underscores his vision for disruption, with insiders hinting at plans for AI-driven scouting, fan-owned NFT collectibles, and even sustainable energy upgrades to the London Stadium, which has drawn criticism for its acoustics and underused capacity.

Premier League executives approved the takeover unconditionally after a swift fit-and-proper persons test, citing Musk's unblemished financial record despite past regulatory skirmishes with the SEC.Fan reactions were mixed outside the club's Chadwell Heath training ground this afternoon, where a small group of supporters waved claret-and-blue flags alongside Tesla-branded banners."It's mental – from porn mags to Mars rockets in one go," quipped lifelong Hammer Mick Reynolds, 62, referencing Sullivan's adult publishing roots. "As long as he doesn't turn the Irons into a meme factory, I'll take the ambition."Others expressed wariness, drawing parallels to Manchester United's Glazer era, where leveraged buyouts saddled the club with debt. "Billionaires love the glamour but hate the grind," said protesters' spokesperson Lena Patel from the Hammers United group. "We need guarantees on community investment, not just fireworks."Musk wasted no time outlining his blueprint, pledging £200 million for squad reinforcements in the January window and teasing a "revolutionary" youth academy powered by xAI analytics to unearth the next Declan Rice.He also announced the immediate appointment of former Bayern Munich sporting director Hasan Salihamidžić as technical director, aiming to blend German efficiency with Silicon Valley innovation.

The takeover caps a turbulent week for West Ham, who parted ways with Potter after just nine months, his tenure marred by a porous defense conceding 28 goals and key departures like Jarrod Bowen to Newcastle in a £60 million fire sale.Interim boss Kevin Nolan, a club legend from the 2005 FA Cup-winning side, takes the reins for Saturday's clash with Manchester City, but Musk's arrival has already shifted the narrative toward redemption.In a broader context, Musk's move intensifies American influence in the Premier League, where US owners now control eight of 20 clubs, from Arsenal's Kroenke dynasty to Chelsea's Boehly-Clearlake axis.This influx has driven valuations skyward – Forbes lists the average Premier League club at $2.3 billion – but also fueled debates over commercialization eroding the league's soul.For West Ham, founded in 1900 amid the Thames Ironworks shipyards, the sale evokes echoes of past upheavals, from Icelandic collapses in 2008 to the Olympic Stadium migration in 2016 that divided loyalties.

Yet with Musk at the helm, the Hammers – perennial underdogs known for "no surrender" grit – could finally shatter their glass ceiling, targeting a top-four finish and sustained European football.As the September transfer window slammed shut last Friday without a single incoming signing, today's news offers a lifeline, transforming dread into tentative excitement for a fanbase starved of glory.Whether this proves a masterstroke or another billionaire's folly remains to be seen, but one thing is certain: West Ham United will never be the same. The countdown to lift-off has begun
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