A consortium led by Amanda Staveley has reached an agreement to buy a 25.1% stake in West Ham after Vanessa Gold, daughter of former chair David Gold, agreed to sell her family's shares in the Championship club.
The move comes after a previously agreed sale to fellow shareholder and Czech businessman Daniel Kretinsky fell through. Staveley's acquisition of the stake sets up a potential tussle with the Czech billionaire over the ownership of the London football club.
Amanda Staveley is a former part owner of Newcastle United. Staveley and her firm PCP Capital Partners played a key role in helping Saudi Arabia's Public Investment Fund take over Newcastle United in 2021.