Source: Daily_Mail
Going for Gold! Relegation-fearing West Ham chief offers Pompey £10m lifeline
Hammers' owner David Gold has sensationally offered to lend cash-strapped Portsmouth £10m in a bid to secure West Ham's Premier League survival. [LNB]Pompey, who asked the Premier League to sell players outside the transfer window in order to raise funds on Thursday, are rooted to the bottom of the table.[LNB]The club faces a winding-up petition from Her Majesty's Revenue andCustoms over an unpaid £11.7million tax bill on March 1 and willrequire a major injection of cash if they are to avoid being wound up.[LNB] Jumping for joy: Portsmouth beat local rivals Southampton in the FA Cup last weekend [LNB]And Gold is desperate to keep the south-coast club in business to ease West Ham's relegation fears.[LNB]'If Portsmouth asked me for £10m, I would lend it to them so long as the Premier League endorsed it and I was repaid on the agreed date,' Gold told The Sun. [LNB]'West Ham have taken four points off Pompey this season and were they to go out of business we'd be in the bottom three.[LNB] Dipping into his pocket: Gold (left) has offered to lend Pompey £10m[LNB]'But I also feel for the Pompey fans. To see your club go intoliquidation would be devastating. If I can do something to avoid thatI'd be happy to do it as a football fan.'[LNB]However Gold's amazingoffer is almost certain to be blocked by league rules which state aclub cannot directly or indirectly lend money or guarantee the debts ofanother club.[LNB] Portsmouth plea to sell players outside transfer window passed on to FIFAPortsmouth midfielder Brown says six wins will save club from relegationPORTSMOUTH FC
