West Ham: Vanessa Gold to sell part of stake in Premier League club
- Published
Vanessa Gold (left) was made a West Ham board member in August
West Ham joint-chair Vanessa Gold says she is willing to sell part of her family's 25% stake in the club.
The shares were initially owned by her father David Gold, who died in January.
Gold's eldest daughter Jacqueline also died two months later, leaving Vanessa in charge of the shareholding.
She was appointed to the club's board in August by Gold's long-time business partner David Sullivan, who currently holds about 39% of shares in the club.
Vanessa Gold is willing to sell up to 10% of the club, which would leave her with 15% and there is no timescale on the process.
"I would consider selling a proportion of our shares to the right partner," she said.
"I have spoken to each of the other three major shareholders at West Ham United, David Sullivan, Daniel Kretinsky and Tripp Smith, who have been very supportive.
"Any transaction to purchase some of our shares will be with my father's legacy at the forefront of my mind which, of course, prioritises his beloved West Ham United.
"I have appointed Rothschild & Co to advise us on any discussions and will keep the other shareholders, the club and our supporters updated on any significant developments."
The Gold family has been involved with West Ham since David Gold first purchased shares in 1991, before becoming co-owner and joint chairman in 2010.
Czech businessman Kretinsky, who also owns Sparta Prague, bought a 27% stake in West Ham in 2021.
That deal valued the Hammers at around £650m.
West Ham sit ninth in the Premier League. The club won their first major trophy in 43 years with victory in the Europa Conference League final in June.
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