Overview
- Křetínský and Vanessa Gold issued a joint statement on Saturday saying 1890 Holdings has agreed key terms to buy Gold family shares that would lift his stake to roughly 43 percent and make him the club’s largest single shareholder.
- The transaction is conditional on other shareholders’ pre‑emption rights and necessary approvals and the parties said they expect to finalise the deal within a few weeks.
- David Sullivan resigned as joint chairman and a director after investigative reports by BBC Panorama and The Times; he denies the allegations, retains about 38.8 percent of shares, and has indicated he will pursue legal action.
- Shareholders said 1890 Holdings would provide additional financing to stabilise the relegated club, with an explicit aim to retain key players and seek immediate promotion from the Championship.
- Governance and compliance risks remain unresolved because FA safeguarding measures dating to 2023, ongoing police inquiries and potential Independent Football Regulator action could affect ownership, board composition or force remedial steps.