At the beginning of November, the Czech billionaire, through his holding company 1890 holdings, as, became the second largest shareholder of West Ham and at the same time a member of the Board of Directors together with his colleague Pavel Horský.
Even then, however, there was speculation that Křetínský could eventually become the majority owner of the club.
This has now been confirmed by The Guardian, which states that Křetínský has an option in the contractual documents.
This gives him the opportunity to buy out the majority owners David Sullivan and David Gold for a predetermined amount. The Guardian did not state it.
The amount will not increase even if West Ham qualifies for the Champions League next. However, the option is not permanent, although the club has not announced its effective date.
According to the media, however, a possible takeover by Křetínský will not take place until at least March 2023.
Until then, there is a condition that the current owners Sullivan and Gold would have to pay 20 percent of the sale of the owners of London Stadium, which leased its place to the London team in the summer of 2016.
The team of “hammerheads”, which also includes Czech football representatives Tomáš Souček, Vladimír Coufal and Alex Král, is currently fourth in the English Premier League table. In the European League, West Ham made progress from group to eight on Thursday.