The online source reported [29 May] that Kretinsky has agreed to a complete takeover of International Distributions Services (IDS), having already held a 27 per cent stake in the company.
The Hammers announced Kretinsky, and his colleague Pavel Horský, as major shareholders at the London Stadium, having acquired a 27 per cent share in 2021, becoming directors.As the Irons look to enter a new era under Julen Lopetegui, with David Moyes’ exit confirmed earlier this month, fans would have hoped for everyone involved to be focused on the club.
While David Sullivan is very much involved, and Tim Steidten has control over the transfer situation, Kretinsky seems to be dividing his attention between several different projects.
Of course, for someone like him, a Czech billionaire, the football club will be a business rather than the love of his life, like it is for the fans who attend matches every week.
However, with the Irons entering into a new stage, with a new manager, new players and new expectations, one of the major shareholders is focusing on Royal Mail.
While this could be seen as a negative, the amount of money he has just invested into a business would suggest that West Ham and Lopetegui are set for a lot of support.