American money man Bobby Kotick is eyeing West Ham United and he is set to double his net worth within weeks.
To keep up with the Premier League and European elite it takes big bucks and for West Ham that’s no different.
Much of that investment nowadays is coming from America, an influence which could be about to grow at West Ham, where US money man Albert Tripp Smith already owns 8% of the club.
Yesterday we reported on Hammers News about claims that a mystery American was interested in buying a stake in the Hammers.
West Ham insider Sean Whetstone hinted a ‘new name’ had been offered as an investor for the 10% Gold family shareholding in West Ham. That’s after it was officially announced Vanessa Gold was considering putting a proportion of their West Ham shares up for sale at the end of October.
American eyeing West Ham and will double net worth within weeks
We then reported on an update from Whetstone where he named Activision Blizzard CEO Bobby Kotick as the American behind the potential investment.
Activision Blizzard is the world’s largest and most profitable western interactive entertainment company of the last 30 years.
MORE WEST HAM STORIES
The firm is responsible for huge gaming franchises such as Call of Duty and World of Warcraft.
What West Ham fans will want to know is, how much is Kotick worth ahead of his potential investment.
Well there could be some very good news on that front imminently.
The most golden of handshakes
Because as Kotick eyes West Ham it has emerged he will double his net worth within weeks.
The New York-born 60-year-old’s net worth is listed anywhere between £500m and £5.5bn.
The latter sum probably taking into account Kotick’s stake in Activision Blizzard which has a vast turnover of more than £5.7bn a year and is valued at nearly £60bn.
According to a report from Video Games Chronicle, Kotick will soon be on his way out of Activision Blizzard – perhaps by the turn of the year – after overseeing it’s £54.7bn acquisition by Microsoft.
And he will leave with the most golden of handshakes it seems.
‘In line to make hundreds of millions from deal’
“The Call of Duty publisher’s long-standing boss recently agreed to remain as CEO until the end of 2023, following Microsoft’s $69bn (£54.7bn) acquisition of the company,” VGC reports.
“As a major shareholder, Kotick is in line to make hundreds of millions of dollars from the deal. He’s also entitled to a severance payment if his contract is terminated or he leaves under various circumstances within a year of a change of control at the company…
“He is the sole Activision Blizzard executive to hold change-of-control protection that would reward him financially if he’s replaced following a takeover.”
West Ham fans will be hoping their team sees the benefit of some of that money should Kotick go through with his reported bid for the Gold family shares.
READ ALSO
Alex Iwobi filmed rapping ‘bubbles’ taunt to West Ham.
Pochettino’s Chelsea outburst is music to West Ham’s ears after exciting claim.
Old foes to make bid for West Ham duo and Moyes should accept.
Related Topics
Laura Adams is a tech enthusiast residing in the UK. Her articles cover the latest technological innovations, from AI to consumer gadgets, providing readers with a glimpse into the future of technology.
