Former Birmingham City owners David Gold and David Sullivan have completed their takeover of West Ham United.
The duo have acquired a 50% stake in the club - valued at ?105million - and have been joined by ex-Birmingham City managing director Karren Brady.
David Sullivan pronounced himself “in a state of shock” about finally taking over a club that both men have long held affiliations with.
Sullivan said:
“It has been a tough few weeks of negotiations, we have competed with two very serious bidders and unbeknown to us, right up until 11pm last night we thought we were getting the club and other two thought they were getting the club. It only came out at five to 11 last night that we had finally got the club.”
He added:
“Me and David [Gold] grew up here, David literally lived 50 yards from the ground for 20 years and played for the West Ham youth team, and we just want to be here. There is no other club in country we'd prefer to be at. We've come home.”
The pair have an option to buy the other 50% of the club, but may talk to the other bidders for the club, including Tony Fernandes, to come in as partners.
Post from: Premiership Today Football News
Sullivan and Gold Takeover Hammers
