Sullivan scoffs at ‘derisory’ bid

Fernandes, the Malaysian businessman behind AirAsia and the Lotus

Formula One team, announced yesterday he had submitted an offer for

the club he supports. But Sullivan told the Evening Standard: “Tony

Fernandes wanted to buy 51% of the club for two bob. “He thinks

somehow that we are desperate to have him involved or desperate for

the small amount of money he offered for 51% of the club.”

Fernandes first expressed an interest in taking over West Ham in

2009 but he lost out on that occasion to Sullivan and his business

partner David Gold. Sullivan and Gold do want to attract new

investors into a club that is saddled with debts that could rise to

over £100million following relegation from the Barclays

Premier League. “We are not looking to sell the club but, as we

have always said, we would love co-investors to join us in

rebuilding West Ham United, which has been our aim ever since we

took charge back in January 2010,” said Sullivan. “In the event

that a serious investor came forward as was the case at Chelsea and

Manchester City, we would naturally consider it for the good of the

club – but this is certainly not the case in this instance.” West

Ham on Wednesday appointed Sam Allardyce as the club’s 14th manager

and Gold confirmed he is under no pressure to sell star players

like Scott Parker. Matthew Upson is out of contract and is expected

to leave while Parker, West Ham’s player of the year, is sure to

interest a number of Premier League clubs. Striker Carlton Cole and

goalkeeper Robert Green could also be summer targets for top-flight

clubs. Gold said: “Will he be able to keep our best players? He has

got the remit to do so and we hope in some cases he will.”