Sullivan ups West Ham stake

Co-chairman David Sullivan has purchased a controlling interest in West Ham after increasing his stake in the club to 55.6 per cent.

Last Updated: 19/07/13 at 12:58 Post Comment

David Sullivan: Increased stake in West Ham

David Sullivan: Increased stake in West Ham

Sullivan and fellow co-chairman David Gold had been equal partners since taking over the Premier League club in January 2010.

But Sullivan recently purchased an additional 25 per cent share from CB Holding, the firm which had controlled West Ham on behalf of Icelandic banks after former chairman Bjorgolfur Gudmundsson was declared bankrupt.

Sullivan's investment is part of a £25.5million restructuring of the club's debt.

The club's official website shows that Gold still owns 30.6 per cent of WH Holding Limited, the club's parent company, and CB Holding's stake has been reduced to 10 per cent.

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Liverpool's Adam Lallana could miss start of Premier League with knee injury

Adam Lallana looks set to miss the start of the new Premier League season after suffering a knee injury in training.

Liverpool: Fara Williams welcomes Steven Gerrard contract news

Fara Williams reckons the contract set to be handed to Steven Gerrard will give Liverpool supporters a huge boost.

Transfer news: Sunderland sign Patrick van Aanholt from Chelsea

Sunderland have completed the signing of Holland left-back Patrick van Aanholt from Chelsea on a four-year deal.

Mail Box

Are Pre-Season Tours Really A Problem?

Are pre-season tours really a problem? Liverpool went to Australia last summer and it didn't prevent them from having a good season. Plus, thoughts on LvG and keepers...

It Isn't Easy Supporting Spurs, You Know

We have a long mail about the travails of supporting Spurs, plus Friday thoughts on Marko Marin, marketing, victory v beauty, travelling and vanishing sprays...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property