West Ham shareholders address Sullivan allegations and agree ownership deal
Summary
Two major shareholders of West Ham football club criticized David Sullivan after an investigation accused him of sexual misconduct. They have agreed on a deal that will make Daniel Kretinsky the largest shareholder, increasing his share to 43%, while Sullivan denies the allegations.Key Facts
- Daniel Kretinsky and Vanessa Gold expressed concern about allegations against David Sullivan.
- The allegations come from a joint BBC Panorama and Times investigation.
- Kretinsky’s share in West Ham will rise from 27% to 43%, surpassing Sullivan’s 38.8%.
- Sullivan denies the claims, which relate to times when he earned money from pornography, newspapers, and football.
- The full board was informed about the allegations about a month ago, but details became public only recently.
- Sullivan has been banned from contact with the club’s women’s and youth teams for three years due to safeguarding concerns.
- The shareholders other than Sullivan learned about these safeguarding measures only this week.
- The club aims to return to the Premier League after being relegated, and Kretinsky’s group will help provide needed funding.
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