Former West Ham co-owner David Gold's daughter Vanessa confirms plans to sell shares to a consortium headed by ex-Newcastle co-owner Amanda Staveley.

Mehrdad Ghodoussi and Amanda Staveley sold their shares in Newcastle two years ago Former West Ham co-owner David Gold's daughter Vanessa has confirmed the family plans to sell its shares in the club to a consortium headed by ex-Newcastle co-owner Amanda Staveley. BBC Sport previously reported Gold's family had been holding discussions with Staveley's consortium, which also includes her husband Mehrdad Ghodoussi, over a 25% stake in the Championship club. In a statement, Vanessa Gold said: "I have now reached an agreement to sell my family's shareholding to a consortium of PCP Capital Partners, led by Amanda Staveley and Mehrdad Ghodoussi, in partnership with Ashland Forest Capital Partners. "While the process has not yet concluded, I wanted to be open with our fans about where things stand and my intentions." David Gold, who died in 2023, was joint chairman of the Hammers for 13 years in tandem with long-time business partner David Sullivan. Sullivan is still the largest shareholder in the club, while Daniel Kretinsky has the next highest stake. Kretinsky's EP Group held discussions with the Gold family earlier this summer, soon after West Ham's relegation from the Premier League, about buying its stake and becoming the club's single largest shareholder, but that deal fell through.