Ex-chairman David Sullivan increases stake in West Ham amid sexual misconduct allegations

2 hours ago 16

David Sullivan, the former co-chairman of West Ham United, has raised his stake in the club to 40% despite facing allegations of historical sexual misconduct from seven women. The share increase, from 38.8% to 40%, came in early September 2026, roughly three months after Sullivan stepped down as co-chairman and director.

Sullivan has denied the accusations, calling them “factually incorrect and entirely false.” The allegations describe predatory behavior dating back to the 1980s and 1990s.

A shifting ownership map at a relegated club

West Ham was relegated from the Premier League during the 2025-26 season. Sullivan acquired the additional shares from Vanessa Gold, part of the Gold family whose collective stake has shrunk from approximately 25% to around 9% through recent transactions.

Czech billionaire Daniel Kretinsky’s ownership jumped from 27% to 46%, making him West Ham’s largest individual shareholder. The ownership table now stands with Kretinsky at 46%, Sullivan at 40%, and the Gold family at roughly 9%.

The regulator is watching

The Independent Football Regulator is currently reviewing Sullivan’s suitability as an owner in light of the misconduct allegations. Sullivan resigned as co-chair and director on June 6-7, 2026, days before the misconduct allegations became public.

Kretinsky’s quiet power play

Kretinsky first acquired a stake in West Ham in 2021 through his company, 1890 Holdings. His stake of 46% dwarfs all other shareholders, and his increased involvement has been framed as part of an effort to facilitate West Ham’s return to the Premier League.

What to watch next

The IFR’s review of Sullivan’s ownership status is the most immediate variable. A negative finding could trigger a forced sale, potentially allowing Kretinsky to consolidate further or opening the door for new investors. Sullivan’s decision to increase his stake rather than sell suggests he intends to hold his position, at least until the regulatory and legal picture becomes clearer.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Read Entire Article