West Ham are not for sale: David Sullivan
West Ham chairman David Sullivan has dismissed Tony Fernandes' bid to buy the club as derisory.
Fernandes, the Malaysian businessman behind AirAsia and the Lotus Formula One team, announced on Wednesday he had submitted an offer for the club he supports.
But Sullivan said: "Tony Fernandes wanted to buy 51% of the club for two bob.
"He thinks somehow that we are desperate to have him involved or desperate for the small amount of money he offered for 51% of the club.
"We are not looking to sell the club but, as we have always said, we would love co-investors to join us in rebuilding West Ham United, which has been our aim ever since we took charge back in January 2010."