Kretinsky set to become West Ham‘s biggest shareholder and addresses Sullivan allegations

TL;DR

Daniel Kretinsky will increase his stake in West Ham from 27% to 43%.
The increased stake is acquired through a purchase from the Gold family.
David Sullivan has stepped down as a director amid allegations of misconduct.
West Ham is facing financial difficulties after relegation.
Kretinsky intends to provide capital to help the club return to the Premier League.
The Independent Football Regulator may investigate Sullivan's suitability to own shares.
West Ham's financial situation is dire, with significant losses and potential player sales needed.
The club is also facing staff resignations and a lack of a sporting director.

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