Tuesday, 12th January 2010

David Sullivan, who sold his ownership of Birmingham to Hong Kong businessman Carson Yeung in October, has since been interested in finding another club to acquire. With his search for a suitable organization, he has had the chance to scrutinise the financial situation of 20 clubs, a process that has left him shocked.

"The state of the finance of football is frightening, that’s all I can say," Sullivan said to BBC Radio 5 live. "Many clubs have pre-sold their Premier League income, TV money and have borrowed against season-ticket money. I think there’s a possibility one (Premier League) club could go and I think probably odds on one club will go.”

Sullivan has been heavily linked with a possible takeover of West Ham United, something that the 60-year-old is unable to comment on due to a confidentiality agreement.

 

 

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