Gold & Sullivan Bid Rejected
The Times say that CB Holdings will tomorrow reject Gold and Sullivan's bid to buy West Ham. The Times say Gold and Sullivan made two separate bids, one for outright ownership and one for a 50% stake in the club. Both bids will be rejected.
The Times say that "there remains potential interest from Intermarket Group, a London-based investment group, and Tony Fernandes, the Malaysian founder of Air Asia, but that has yet to materialise into a serious offer."