Football Clubs
Gold is the former chairman of Birmingham City. In 2007 the Gold brothers were believed to be in the process of selling their share in Birmingham City which followed Birmingham's return from relegation and lower than expected profits. After the club was relegated once again to the Championship in May 2008, Gold was quoted as saying he was considering stepping down as joint head of the board of Birmingham City. He sold his Birmingham City shares in 2009.
In May 2005, Gold bought the second FA Cup trophy at auction for £488,620, saying he wanted to prevent it being bought by overseas buyers.
In January 2010 Gold and David Sullivan acquired a 50 percent share of West Ham United giving them overall operational and commercial control of the club. They were appointed joint chairmen. They increased their share of the club to 30% each in May 2010 at a cost of £8 million. His time as chairman of West Ham has been conspicuous due to several incidents. In August 2010 his Rolls-Royce Phantom car was attacked by Aston Villa fans outside a pub near Villa Park after West Ham's 3–0 defeat. The car sustained £8,500 worth of damage. He described the incident as "the most frightening experience of my football life". In November 2010 Gold criticised Birmingham City's new owners for reneging on their promise to keep him on as chairman following the sale of the club. Birmingham City and their acting chairman, Peter Pannu, responded by banning Gold from their ground St Andrew's for Birmingham City's game against West Ham on 6 November. Gold later issued a personal apology to Pannu on West Ham's own website.
Read more about this topic: David Gold (businessman)
Famous quotes containing the words football and/or clubs:
“...Im not money hungry.... People who are rich want to be richer, but whats the difference? You cant take it with you. The toys get different, thats all. The rich guys buy a football team, the poor guys buy a football. Its all relative.”
—Martina Navratilova (b. 1956)
“It is always a practical difficulty with clubs to regulate the laws of election so as to exclude peremptorily every social nuisance. Nobody wishes bad manners. We must have loyalty and character.”
—Ralph Waldo Emerson (18031882)