foxsports
Former Birmingham owners David Sullivan and David Gold have purchased half of Premier League rival West Ham on Tuesday with a view to a full takeover.
Sullivan will have operational and commercial control of the Hammers under the deal with CB Holding, which was mostly owned by Icelandic Bank Straumur.
A full takeover would be worth $172 million, and Sullivan is looking for further investors.
``Anyone who wants to put ($16 million or $24 million) in can buy 10 percent of the club,'' Sullivan said.
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One of those Sullivan will approach is Malaysian businessman Tony Fernandes, whose own takeover bid failed.
Sullivan will be joint chairman with Gold - his longtime partner at Birmingham.
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