David Sullivan. Photo: SkyNews

David Sullivan announced Saturday he had stepped down from his role as joint-chair of West Ham with immediate effect.

The 77-year-old is leaving his role of 16 years to fight “false allegations” about his private life.

Sullivan, who built a business empire from owning pornographic magazines and sex shops, said: ” I have recently become aware that factually incorrect and entirely false, decades-old allegations concerning my personal life are due to be broadcast and published.”

He added: “The false allegations levelled against me have been sensationalised by the media. After a lifetime spent building businesses in the adult industry, in which I have met thousands of women, it is sadly inevitable that a small number of improper conduct claims are being made against me. I categorically deny these claims.”