Amanda Staveley is close to buying a stake in West Ham United worth up to £150m, with movement on the deal possible before the start of the season.
Staveley and her husband Mehrdad Ghodoussi, through their firm PCP Capital, have progressed toward purchasing the late David Gold's 25 per cent shareholding from his daughter, Vanessa.
Staveley, who led the Saudi Public Investment Fund takeover of Newcastle in 2021, is reported to be backed by Middle Eastern and American investors. West Ham were relegated and are playing in the Championship.
A pre-emption process gives current owners first refusal on any shares, which could yet stall the deal. Czech businessman Daniel Kretinsky, who owns 27 per cent of the club, agreed a deal in June to buy around 16 per cent of the Gold family's stake, though that transaction has not been finalised.
Co-chairman David Sullivan, who owns 38.8 per cent of the club, resigned after allegations of sexual abuse. Sullivan denies all allegations of sexual misconduct. His shares are under scrutiny by the independent football regulator.
West Ham declined to comment.
