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Gold, Sullivan to sell Birmingham and buy West Ham

David Gold and David Sullivan are ready to sell Birmingham City and IMMEDIATELY buy West Ham United.

The News of the World says Gold and Sullivan have agreed the £80million sale of Birmingham to Hong Kong businessman Carson Yeung.

Now that a £3m down-payment has been made it looks like that deal will go through, which frees Gold and Sullivan to move for the Hammers.

The pair once owned a 29.9 per cent stake in the club but have been in charge of Birmingham for the past 16 years.

Both men live near West Ham and declare themselves as fans - but are seeking a cut-price deal.

The pair value the club at £90m but in that any buyer would have to take over debts of nearly £50m, they should only have to pay £40m.

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