The FA are currently searching for a new man to take charge of the Three Lions after Roy Hodgson resigned in the wake of the galling 2-1 loss to Iceland in the last-16 of Euro 2016.
Allardyce's name has been mentioned as one of the potential frontrunners for the role after he continued his good record in English football by guiding Sunderland to safety with a superb end to the season last term.
Prior to his appointment at the Stadium of Light, the 61-year-old had a four-year spell at West Ham, leading them to promotion from the Championship in his first season and subsequently cementing their place in the Premier League with three consecutive mid-table finishes.
One of the men he worked under during his time at Upton Park, co-chairman Gold, believes Allardyce would be a superb candidate for the England job because of his experience and nous of the English game.
Gold told BBC Radio 5 Live: "I wouldn't hesitate to recommend him. He is determined, he is ambitious. He's been in the business a long time.
"I think the most important thing from my point of view is that he's English."
Although there had been reports that negotiations were already underway, it has since been clarified that there has been no contact as of yet between the FA and Allardyce.
However, it is increasingly looking as though he is the top candidate for the role, and it would be no surprise to see a move made for him in the next few weeks.