Gold and Sullivan move for Hammers

A source close to Gold has told Sky Sports News that part of the

cash bid will go to the Icelandic owners and the rest will service

the current debt and provide transfer funds in January. The bid has

been submitted to Rothschild and Standard Bank, who were appointed

to find new owners back in October. It is understood the current

management team of Gianfranco Zola and Steve Clarke have the full

backing of Gold and Sullivan. The former Birmingham owners are in

the final stages of talks and are keen to conclude a deal by

Christmas to allow Zola to strengthen his squad. The Hammers

currently lie in the relegation zone, with just one win from their

last 14 top-flight games. Gold ended a 16-year association with

Blues after selling up, along with fellow co-owner Sullivan, to

Hong Kong businessman Carson Yeung. The pair had been linked with a

bid for West Ham and when specifically asked about the Hammers back

in October, Gold told Sky Sports: “I wouldn’t dwell on the problems

or previous owners. “What I would say to you is that travelling to

Birmingham City Football Club and now having left them, it’s a

three-hour journey to get there and a three-hour journey to get

back. “So I’d like to change that, now that I’m making a change in

my life. I wouldn’t want to go north of Watford to a new club. “Is

West Ham south of Watford? Yes it is, but so is Brighton, Charlton,

Southampton – there’s lots. “And it depends – it’s also a question

who wants us? I think we are a formidable trio – (former Birmingham

managing director) Karren Brady, David Sullivan and myself. We’ve

got a fantastic history of what we’ve achieved.”