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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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his is all good fun, but anyone who thinks United are 4th best in England for anything more than a blip is properly f***ing mental. And Domenech is properly f***ing mental.

megabrow (cufc)
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f the answer is Matt Phillips, the question should never be Who is one of your major transfer targets?

jelasfirsttouch
The Twosome Gossip

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s this Chris Smalling playing the 'Race' card?

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Smalling wants United race

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