West Ham United: David Gold’s family agree sale of 25% stake to Amanda Staveley consortium

Former West Ham co-owner David Gold’s daughter Vanessa has confirmed the family plan to sell their 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 led by Amanda Staveley, Mehrdad Ghodoussi and PCP Capital Partners.

“While the process has not yet concluded, I wanted to be open with our fans about where things stand and my intentions.”

More to follow.