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Businessman Daniel Kretinsky is in talks to buy a 27% stake in West Ham United - in a deal which would value the club at over £600m - with Czech billionaire already owning large stakes in Royal Mail and Sainsbury's

Czech billionaire Daniel Kretinsky has held talks over purchasing a stake in West Ham, in a deal that could spell the beginning of the end of David Sullivan and David Gold's era of control.

Kretinsky, who is the largest Royal Mail shareholder and the second-biggest at Sainsbury's, is interested in purchasing a shareholding, said to be at 27 per cent, at the Premier League club in a deal that would value the club at more than £600million.

Sources claim discussions have been 'ongoing for months rather weeks' and are reaching a positive conclusion, with confirmation of an agreement possible next month.