Gold tweeted “Nikica Jelavic has completed his move to Chinese second division team Beijing Renhe. Good luck. Nikica. dg”
The 30-year-old Croatia international made just one Premier League start this season under Slaven Bilic.
Jelavic signed for West Ham for an initial fee of £2m from Hull in August 2015, but has scored only once in the league despite making 12 appearances from the bench.
West Ham are thought to have received a fee of between £1.5m and £2m for the striker while Nikica will be receiving £60,000 per week earning over £9m during his 3 year contract to drop down to the Chinese second division. Jelavic’s departure is claimed to free up as much as £55,000 per week off the wage bill.