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Premier League News

💰 Czech billionaire Daniel Kretinsky has completed his purchase of a minority stake (27%) in West Ham. It is understood Kretinsky, who is known as the “Czech Sphinx” because of his inscrutable investment style, may eventually take a majority stake at a later date. This deal, which has been months in the making, would therefore spell the beginning of the end of West Ham’s so-called “GSB” era, a reference to their majority owners and co-chairmen David Gold and David Sullivan and vice-chair Karren Brady, who have controlled the club since 2010. Kretinsky’s investment is understood to value the club in the region of £600 million. US business magazine Forbes values his personal wealth at almost £3 billion. (The Athletic) Another big money coming to Premier League. 💰

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