West Ham’s ownership battle has taken another turn. Amanda Staveley’s consortium reached an agreement to buy the Gold family’s 25.1 per cent stake in the club. The deal was confirmed in July, that Staveley would purchase the shares from Vanessa Gold, who is the current co-chair at West Ham. The club’s valuation stands at $1.1 billion (600 million pounds).
Gold’s shares in the club have come under intense speculation. Daniel Kretinsky originally agreed to take on Gold’s shares in June; this would have made him majority stakeholder with 43%. Kretinsky already owns 27 per cent of West Ham. He became a shareholder in 2021 after acquiring his stake from the club’s existing ownership group.
Gold now says the latest developments have turned, with Staveley set to purchase that stake in the club. Staveley is no stranger to Premier League ownership. She was part of the consortium that completed the takeover of Newcastle United in 2021. She later left her position at Newcastle after selling her stake in the club.
Her West Ham consortium has now targeted the shares held by the Gold family. The 25.1 per cent stake belonged to the family of the late David Gold. Gold co-owned West Ham alongside David Sullivan for many years. The pair acquired a controlling stake in the club in 2010. Their involvement began with a 50 per cent shareholding. They increased that position to 60 per cent later that year.
Sullivan subsequently became the club’s largest individual shareholder. Kretinsky’s arrival changed the balance of power. The Czech businessman bought 27 per cent of West Ham in November 2021. David Gold died in January 2023. His daughter, Vanessa, later became joint-chair alongside Sullivan.
Staveley’s consortium agreed a deal worth about $282 million (150 million pounds) for the 25.1 per cent holding, according to reports. It would instead give Staveley and her backers a major minority position. The club’s ownership structure remains divided between several significant shareholders.
Kretinsky already holds a larger shareholding than the stake Staveley is seeking to acquire. He has also been linked with ambitions to increase his control of the club. Existing stakeholders, including Kretinsky, have 30 days to implement a right of refusal. There is also an opportunity to purchase those shares instead. The deadline to block Staveley’s agreement expires this week.
The timing is also significant. West Ham were relegated from the Premier League at the end of the 2025-26 season. The club had spent more than a decade in the top flight before dropping into the Championship. That relegation came only three years after West Ham won the Europa Conference League.
The club is now attempting to rebuild on and off the pitch. Staveley’s presence adds another layer to that transition. She was also in attendance for West Ham’s Championship match against Wolves on the 1st of September.
Away from the pitch, however, the club remains at the centre of an ownership battle. The Gold family sale was expected to provide Staveley with a route into the club. Kretinsky’s potential challenge has now complicated that process.
The next stage will determine whether Staveley’s consortium completes its purchase or whether Kretinsky succeeds in increasing his own influence. Either outcome could have a major impact on West Ham’s future ownership structure. For now, the proposed sale remains the focus of a growing battle for control and influence at the London Stadium.
