Czech Republic billionaire Daniel Kretinsky has signed a deal to complete a takeover of West Ham.
Kretinsky forked out £150million to buy a 27 per cent stake in the Hammers earlier this month and joined co-owners David Sullivan and David Gold on the board.
At the time it was thought there was a belief the businessman would take his time getting used to life in the Premier League before upping his interest.
But documents lodged at Companies House show a deal has already been signed by Kretinsky and Sullivan to buy a controlling stake at an already agreed rate – valuing the London club around £650m, reports The Sun.
The 'Put and Call' agreement is mentioned several times in new articles of association lodged by the club's parent company WH Holding Ltd on November 23.
It shows the terms of a takeover are already sealed, with 46-year-old Kretinsky having an unspecified time to complete the deal before it expires.
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