West Ham United joint-chairman David Sullivan has rubbished suggestions that he and co-chairman David Gold are actively seeking to sell their shares in the Hammers.
An article in a national newspaper today suggests Sullivan and Gold are ‘looking to sell part of their stake in the club’, but Sullivan slammed the story as “utterly false”.
Speaking to the official website Sullivan said: “It is no secret that both David Gold and I see our long term futures as custodians of West Ham United.
“We have never once viewed West Ham United as a short term project and plan to be here for many, many years, bringing further progress to the Club on and off the pitch, and success to our loyal supporters.
“It disappoints me to see an article published that is so utterly false.”
Strange that they have now denied this as they have previously gone on record stating that they would welcome outside investment.
Surely shares would need to be sold for this to happen? What about the shares that are still held by the Icelandic bank? Would they be available for sale?
I have nothing against the D’s but they need to back up their ambition with hard cash. To reach this magical next level they have to wake up, smell the coffee & realise that free signings & loans isn’t the answer. To even get back to where we were last season I would imagine that a £50m+ minimum outlay is needed, that is before we sell anyone.
this season has shown that the squad has too much dead wood floating about, too many not PL standard.
Get shot of these players, intergrate the promising youngsters that keep being sent out on loan & sign some quality, not 34 year olds looking for a last fat pay day.
Sounds easy if you say it quickly 🙂
Spot on Essex, I’m all in favour of the two Daves being long term custodians but they’ve got to attract new investment as we’re in big danger of the likes of West Brom and Everton with their new investors overtaking us and no doubt other clubs will follow such is the appeal of the premier league. David Gold has said before that he owns 100 shops not 100 oil wells to illustrate his funds are limited in comparison to others. As a club we must be one of the most attractive to investors when considering the new stadium and our location but I feel our potential is being stifled and it will only get worse whilst these two stick their heads in the sand. The squad needs a major overall but these guys can’t amass the funds to do it. I feel it will be season after season of lower to mid table mediocrity with a season such as this one thrown in every now and again and I’m an optimist by nature!