Czech billionaire Daniel Kretinsky ended up buying a 27% stake in West Ham United.
Entrepreneur and lawyer Kretinsky will join West Ham’s board of directors and partner Pavel Horsky as part of the deal.
They were joined by Presidents David Sullivan and David Gold and Vice Presidents Karen Brady.
“I am delighted to welcome Daniel Kretinsky, Pavel Horsky, and the 1890s business to West Ham,” said Brady.
“We are committed to continuing to grow and Daniel’s commitment is to invest in strengthening the company’s position and helping to develop a focus on the club.
“Daniel’s strong business acumen and football experience are invaluable to the industry.”
West Ham, who are currently third in the Premier League, were in the starting line-up for this year’s Europa League and EFL Cup.
Daniel, who also owns Sparta Prague from the Czech Republic, said he was delighted to be part of a “bright future” for West Ham.