Amanda Staveley consortium in talks for West Ham stake
Negotiations are underway for a 25% share in the Championship club, involving global investment.
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A consortium headed by Amanda Staveley has entered into discussions regarding the purchase of a 25% shareholding in West Ham United. The group, which also comprises Staveley's husband Mehrdad Ghodoussi, has reportedly secured investment from international sources. These talks have progressed in recent weeks, following initial inquiries made towards the conclusion of the last football season.
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Sources indicate that the consortium is open to acquiring additional shares that could potentially lead to a majority ownership of the club. Staveley and Ghodoussi concluded their involvement with Newcastle United in July 2024, having sold their shares. Staveley was previously associated with an unsuccessful bid to purchase Tottenham Hotspur during the previous season.
Regulatory Scrutiny of Shareholder
The current major shareholders of West Ham United are David Sullivan and Daniel Kretinsky. The Independent Football Regulator has formally contacted West Ham concerning allegations made against David Sullivan. The regulator is requesting urgent information from Sullivan regarding his suitability for his role, following a joint investigation by BBC Panorama and The Times newspaper.
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The investigation details accusations from seven women concerning alleged abuses of power and sexually exploitative behaviour spanning several decades, beginning in the 1980s. These allegations, made by women who were young models seeking work at newspapers owned by Sullivan, include claims of pressuring them for sexual favours in exchange for career advancement. Sullivan, aged 77, has stated that he "categorically" denies these claims.
Questions this report answers
+Who is leading the consortium buying into West Ham?
The consortium is led by Amanda Staveley, who previously worked on Newcastle United’s takeover. Her husband, Mehrdad Ghodoussi, is also involved in the group. This follows their exit from Newcastle United in July 2024 after selling their shares.
+How much of West Ham United is the consortium aiming to buy?
The consortium is negotiating for a 25% share in West Ham United. Reports suggest they may also seek additional shares that could lead to majority ownership in the future. The talks have progressed in recent weeks.
+What is the Independent Football Regulator investigating at West Ham?
The regulator has contacted West Ham about serious allegations against majority shareholder David Sullivan. These involve claims from seven women of abusive behaviour and exploitation spanning decades, which Sullivan denies.
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