He told BBC Radio 5 Live's Sportsweek: "He and his companies are in the super-wealthy league.
"If you want to challenge the very best in the Premier League, you need all the funds you can bring together, and Carson Yeung will be a great asset to us.
"And yes, I am sad if that will ultimately mean I'm no longer with the club.
"At present he has 29.9 per cent of the shares, the Golds and David Sullivan collectively have 50 per cent, so in effect we remain in control.
"We will wait to see whether Carson Yeung carries on and fulfils his requirement for buying the rest of the club.
"Purely from a personal point of view I really don't mind either way what happens.
"But I would like to remain at the club in some way because it is in my blood.
"I am currently the chairman, but most of all I am a fan, so I'd like to retain that connection in some way."