Tuesday, January 19, 2010

Gold and Sulivan take Over West Ham

David Gold and David Sulivan have officialy taken over West Ham United and would like the team to play at the new Olympic Stadium.

Straumur bank said it had sold CB Holding's 50 per cent stake in the club to the former Birmingham City owners, and that Sullivan and Gold would take immediate operational and commercial control after a deal that valued the club at £105 million.

"We are West Ham fans and we have a seven year plan to get them into the Champions League and turn them into a Big Club" Gold told Sky News."We hope that we can persuade the govenment to allow us to play at the Olympic Stadium."

Gold said manager Gianfranco Zola's position was safe despite the club hovering above the relegation zone after winning just four league matches this season.

Former Birmingham chief executive Karren Brady will be the clubs new vice-chairman

Sullivan, David and Ralph Gold sold Premier League Birmingham to  Hong Kong businessman  in October.

Tony Fernandes, the CEO and founder of AirAsia, was among the interested, but his bid was reported floundered when he failed to gain the 100 per cent ownership he was wanting.


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