Vanessa Gold, daughter of former West Ham chair David Gold, has reached an agreement to sell her family's shares in the club to a consortium led by Amanda Staveley, the former co-owner of Newcastle.
The Gold family trust owns 25.1% of the shares in the Championship 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 of PCP Capital Partners, led by Amanda Staveley and Mehrdad Ghodoussi, in partnership with Ashland Forest Capital Partners," 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 with our fans about where things stand and my intentions."
#Gold #agreement
The Gold family trust owns 25.1% of the shares in the Championship 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 of PCP Capital Partners, led by Amanda Staveley and Mehrdad Ghodoussi, in partnership with Ashland Forest Capital Partners," 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 with our fans about where things stand and my intentions."
#Gold #agreement
3 months ago
