West Ham United fans should not expect any big signing in January, the club’s new shareholder Daniel Kretinsky says

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West Ham United supporters should not expect any big-money signing in the January transfer window according to the club’s new shareholder Daniel Kretinsky.

Daniel Kretinsky recently acquired a 27 percent stake in West Ham United. The 46-year-old Czech billionaire businessman and lawyer is also the club’s director of football.

The 27 percent stake the billionaire acquired at West Ham United earlier this month has made him the second-highest stakeholder at the club.

Based on the fact that West Ham United are now competing with the big clubs in the Premier League especially this season in which they have been occupying the 4th spot for weeks, the club’s fans are expecting big-name signings in January.

Recall that coach David Moyes’ led West Ham United has led the club to record 7 wins, 2 draws, and 3 defeats in 12 Premier League games.

On Thursday, November 25, the coach led West Ham United to defeat Rapid Wien in a Europa League group stage game which helped the Premier League club to qualify for the next round of the competition as leaders of Group H.

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Hence, pundits and supporters of the club are looking forward to big investments in the squad in the coming transfer window especially now that the Czech billionaire has gained more grounds in the club.

But Kretinsky, who is also the owner of a Czech football club, Sparta Prague, wrote in the Evening Standard that he is not a party of quick fixes but is focused on a long-term building.

West Ham United fans should not expect any big signing in January, the club's new shareholder Daniel Kretinsky says
West Ham United new shareholder Daniel Kretinsky.

Kretinsky wrote: “Our investment will bring an improvement to the club’s capital structure, initially enabling a reduction of its long-term debt and increasing the ability to further direct funds generated into key areas.

“I hope our business acumen and experience of football will also prove beneficial to West Ham United.

“We have come to support the club but – to manage supporters’ expectations – that doesn’t mean big spending in the January transfer window.

“I’m hugely impressed by the work of David Moyes and his team who have improved results over a long period.

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“This gradual evolution is, in my opinion, the most healthy way to build a strong club on a firm basis and with the right attitudes and culture.

“I speak from experience. We tried to rush the development of Sparta Prague a couple of years ago and the results were disappointing.

“Improving the quality of the squad is great, of course, but we prefer a gradual way that preserves and protects the ethos of the club and its values, including team spirit.

“Success demands that the focus should be just as much on the academy as on the first-team squad. Again, the world-renowned academy was a great attraction of West Ham.

“Work with young players, as well as engagement with local communities and other social initiatives, are integral to football today. We have to use the power of our sport for the benefit of society.

“The ability of football to influence those from deprived or difficult backgrounds is unique. We must use that ability so I look forward to helping to expand the good work in place at the club.”

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On November 28, West Ham United will visit the Etihad Stadium to take on Manchester City in a Premier League game. The game will kick off at 15:00.

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