No chance of extending deadline - Gold - Sport in brief

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

Gold's co-owner David Sullivan gave the Hong Kong businessman until this week to find the money needed to buy the club but it seems highly unlikely he will meet that time-frame, leaving him with a 29.9% stake which will essentially be rendered useless.

"There is no chance that the deadline will be extended," Gold told the Guardian. "That is an absolute no."

"I went to work on Monday on the basis that the deal is off," Gold added. "All my thinking regarding the transfer window and the activities of the football club are based on the fact we're going to be there until the end of the season at the very least."

Gold seems open to the prospect of buying Yeung's shares back - but not for the £15million he paid in the summer.

"He is not going to get the £15million that he purchased the shares for because that £15million and 29.9% was based on ultimately owning the football club," said Gold.

"If somebody buys that 29.9% they won't own the football club and they won't control the football club so the value drops."