This season West Ham are last in the Premier League despite replacing Gianfranco Zola with new boss Avram Grant in the summer.
Hammers co-owner Gold told the Mirror: "We are in the worst place in football which is at the bottom of the Premier League.
"There is no doubt it is the worst place in football.
"People say to me it is just as bad at the bottom of other divisions.
"I don't think it is, being at the bottom of the Premier League you have the eyes of the world on you.
"Establishing ourselves in the Premier League and reducing debt, that is the key issue.
"Realistically if you take it stage by stage we have to retain our Premier League status, get to the new stadium and then hopefully maybe in five years we will start challenging the top six.
"But if you said to me what is our ultimate aim? Our ultimate aim is to win the championship.
"Is it likely? No. Is it possible? Yes."