Channel NewsAsia
AsiaPac · 15 mins ago
Consortium led by Staveley and others to buy Gold family's stakes in West Ham
Aug 1 : Vanessa Gold, daughter of former West Ham United chair David Gold, has reached an agreement to sell her family's shares to a consortium led by Amanda Staveley and others, after a previously agreed sale to Czech businessman Daniel Kretinsky fell through.The Gold family trust owns 25.1 per cent of shares of the English Championship (second-tier) club who were relegated from the Premier League last season."I have now reached an agreement to sell my family's shareholding to a consortium led by Amanda Staveley, Mehrdad Ghodoussi and PCP Capital Partners," Vanessa Gold said in a statement on Saturday."This sale remains subject to a pre-emption process, under which existing shareholders have the option to buy the shares instead. While the process has not yet concluded, I wanted to be open
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