ExWHUEmployee has provided a further update surrounding the ongoing situation regarding Daniel Kretinsky and the reported increase in his shares in the club.

As was reported earlier today by our insider, a top source denied the reports stating the Czech was increasing his stake, however this has now developed further.

“It appears that since getting the “not true” statement on whether Daniel Křetínský had increased his share ownership we have managed to get more clarity on the situation,” stated Ex on The West Ham Way Patreon.

“The original article says “Her last act has been to oversee the negotiation in which Kretinsky purchases a percentage of the shares owned by the late David Gold and ups his stake to match that of David Sullivan”

“The key word here is “Negotiation”. This could mean that talks are on going rather than concluded. Which could explain the difference in stances of both the club and the article from Martin Samuel. The deal is not done yet.

“The timing of all this is still very strange and does lead some questions to be asked.

“Hopefully the club will clarify further what the situation involves.”