David Gold, the co-chairman of West Ham, passed away today at the age of 86 after a brief illness, the team announced.
Gold, a longtime Hammer who spent his formative years at 442 Green Street, a block from the Boleyn Ground, realized a lifetime ambition in January 2010 when he was named co-chairman of West Ham.
The parent business of the shop Ann Summers and the lingerie chain Knickerbox, Gold Group International (GGI), was owned by Gold. Up until he purchased Ralph’s portion in 2008, Gold and his brother Ralph shared ownership of GGI.
With his brother Ralph, Gold co-owned the adult magazine publisher Gold Star Publications (GSP), which also included printing and distribution companies and a stable of publications that included the pornographic periodicals Rustler and Raider.
In November 2006, he and his brother sold their holdings. Due to declining sales and revenues, the brothers also sold their stock in Sport Newspapers in 2007.
David Gold’s net worth at the time of death
He left behind £500 million.
