Birmingham City chairman David Gold is considering a bid for West Ham United.
The Guardian says Gold is waiting to discover if there will be any role for him once Carson Yeung's takeover of Birmingham City is completed before deciding whether to move to buy West Ham, which could cost up to £150m in total.
Gold, who is a fan of West Ham and played for their youth team, is thought to be open to helping Yeung make the transition from shareholder to sole owner - he has offered to buy every Birmingham share - which would lead to Gold and David Sullivan departing St Andrew's.
If and when Gold leaves he will consider making an official approach to Upton Park - potentially assisted by Sullivan - though it is understood the 72-year-old businessman currently values West Ham below £150m. That valuation is made up of £100m required by Straumur and £50m to take on the club's working debt.