The Sunday Mirror says Gold has turned his home into a fortress after learning he is on the hit list of Britain's most wanted armed robbers.
The West Ham co-owner has spent £250,000 installing CCTV, a direct phone line to the police... and even a PANIC ROOM.
Mr Gold, 74, says he's been living in fear since being told by police that he was a target of the gang, who have carried out a series of violent raids on rich businessmen.
He was given the warning after a crowbar attack which almost killed Phones4u founder John Caudwell.
Gold told the Sunday Mirror: "From the information the police gave me, it was a question of when, not if, the gang would try something.
"When I spoke to John Caudwell he told me, 'you've got to take this seriously because this gang is going to kill someone'. I have been terrified."