Daniel Kretinsky and David Sullivan have no plans to change the ownership of West Ham before the end of the season despite the expiry of a 10-year penalty clause that in effect clears the way for a potential sale. Under the terms of West Ham’s move to the London Stadium, Sullivan and David Gold, the co-owner who died in January, were liable to pay a punitive financial penalty to the government if the club were sold for more than £300m.
That clause expired this month and there has long been an expectation of changes in the West Ham boardroom after that. Kretinsky, who became the second-largest shareholder when he bought a 27% stake in November 2021, has been regarded as the likeliest figure to assume charge.