Reports suggest the duo could be confirmed as the new owners of the Hammers as early as today after Fernandes posted a Twitter message seemingly walking away.

The Malaysian businessman said: "Deal lost on West Ham. Hopefully new owners protect what's good. We gave awesome deal and new ideas to rejuvenate a club and bring excitement."

While investment group Intermarket are still said to be in the race, Sullivan and Gold - who sold Birmingham to Hong Kong entrepreneur Carson Yeung earlier this season - are clear favourites to land the club they have been eyeing for some time.