Players such as Scott Parker, Robert Green, Matthew Upson and Carlton Cole could all leave at the end of the season.
“It’s unfair to tell a player to forego your potential England career to come down and play in the Championship,” said Gold.
He added: “It’s unrealistic to ask an England player to come down and play in the Championship.
“It impacts on his career. Would I try (to prevent it)? Of course, I would try but you would have a one in 10 chance.”
The Hammers are current three points from safety with only three games remaining of the season.
