West Ham United could have a new owner before the end of the month.

The Sunday Times says CB Holding, the company set up to manage West Ham in response to former owner Bjorgolfur Gudmundsson's bankruptcy, is expected to be presented with two offers next week.

David Gold and David Sullivan are attempting to take a controlling interest in West Ham by offering to take on the club's debts, estimated at £50m, and cover future liabilities relating to Carlos Tevez's illegal registration and Alan Curbishley's dismissal.

The London-based financial company Intermarket are prepared to take on the same package of debt and liability, but also to pay CB Holding an additional £20m for West Ham's equity.