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Birmingham reveal sale talks

Birmingham have confirmed that they are in 'advanced discussions' with a British consortium over the sale of the club.

Last Updated: 27/05/14 at 15:49 Post Comment

St Andrews: Birmingham are in 'advanced discussions' with a British cons

St Andrews: Birmingham are in 'advanced discussions' with a British cons

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Birmingham International Holdings Limited, the holding company of the football club, made an announcement to the Hong Kong Stock Exchange over the course of the weekend.

Acting chairman Peter Pannu issued a statement revealing that a UK bidder, with a very strong North American investment fund, were in talks with BIHL.

Pannu stated there had been an indicative, non-binding offer from a third party, in relation to a possible acquisition of a minority interest in Birmingham City PLC.

Via a statement on the club's official website, Pannu said: "I can confirm that BIHL remains in advanced talks with a British consortium with a very strong North American investment fund.

"However, specific details cannot be disclosed at this moment in time due to non-disclosure agreements and HKSE regulations. There are many technical issues still to be resolved and legal representatives from both parties remain in advanced discussions to pave the way forward."

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ood lord that's got me unnecessarily excited. Damn you Storey. Cut to Liverpool being crushed under the wheels of Sparky's Stoke Machine and Firmino brought off the bench to no effect. It's the hope that kills you.

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o Schweini? Have to admit that I did a little sex wee when we signed him and I can't wait to see him in action!!!

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think he'll do quite well. My only reservation would be Kagawa, who had similar stats to Firmino in the bundesliga before he came, but time will tell.

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