West Ham co-owner David Gold has revealed he won't pay over the odds for Sunderland striker Jermain Defoe, as the striker doesn't have a sell-on value.
Having rejected a £6m bid from the Hammers last week, Sunderland have since said they value their 32-year-old striker at £12m.
The former MLS man has scored 11 goals for Sunderland this season, in what has been a poor first half of the season for David Moyes' side.
How much do you think you could sell Defoe for when he's 36? dg https://t.co/0aFF6ZCbfi— David Gold (@davidgold) January 9, 2017
Defoe has been linked with a move to his former side ever since he was quoted as saying he had 'unfinished business' at the club.
The Englishman spent five years at the London club in the early stages of his career, before forcing a move away from them following their relegation from the Premier League.
However, the proposed move seems to be edging further and further away from happening with co-owner Gold tweeting a fan his concerns over spending around £12m on the former Tottenham man.
With Sunderland boss David Moyes having already insisting their star man is not for sale and Gold obviously wanting players that could potentially provide a later profit, it looks like Defoe will be staying put.
“I wouldn’t even think about where we’d be without him. His stats for 2016 show he’s been brilliant.”
Defoe reportedly forced a move away from the Hammer's due to some bad advice from family and West Ham legend Sir Trevor Brooking admits that he doesn't blame the striker for following his mum's advice.
“I was at the club when Jermain first left, I was the caretaker manager at the time.