West Ham shareholder has nerves of steel

26 Jun, 2023
written by Sean Whetstone

West Ham shareholder Daniel Kretinsky is reportedly interested in acquiring a stake in the German Thyssenkrupp’s  steel business, which is currently looking for a buyer or co-owner, a person familiar with the matter told Reuters last Friday. The Czech billionaire’s holding company Energeticky a Prumyslovy Holding (EPH), one of Europe’s largest energy groups, could also act as an energy supplier for Thyssenkrupp Steel, the person said.

The Steele  producer has an annual turnover of £35 billion and their shares are currently worth £3.8 billion.

Kretinksy who is reported to be worth £7.4 billion by the US Forbes publication has been a buying spree for stakes in companies over the past six months.

In the UK Kretinsky owns 25% of Royal Mail,  10% of Sainsburys and four power plants in the UK in addition to 27% of West Ham.

For 19 years, Kretinsky has been chairman of world-renowned Czech club Sparta Prague of which he owns 40%.

Around the world Kretinsky owns stakes Grupo Eroski in Spain, Metro AG in Germany, Post.nl in Holland, TF1, CMI France group, Casino and Le Monde in France and Macey’s and Footlocker in the US


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