David Sullivan has dismissed suggestions that he and joint-chairman David Gold are actively seeking to sell their shares in West Ham.
A report on Tuesday claimed the duo were looking to sell part of their stake in the club but Sullivan, who owns 51 per cent of West Ham, branded the rumours "utterly false".
"It is no secret that both David Gold and I see our long-term futures as custodians of West Ham United," he said.
"We have never once viewed West Ham United as a short-term project and plan to be here for many, many years, bringing further progress to the club on and off the pitch, and success to our loyal supporters.