City reject Paladini claims

Birmingham have dismissed speculation that an Italian-led consortium is set to complete a takeover of the club in the next 10 days.

Last Updated: 15/11/12 at 16:05 Post Comment

Gianni Paladini: Takeover claims denied by Birmingham

Gianni Paladini: Takeover claims denied by Birmingham

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

Solihull-based businessman Gianni Paladini reportedly submitted an improved £30m bid for the club earlier this month.

No deal has yet been agreed, but Paladini has claimed he is currently analysing the club's books in the hope of concluding a takeover by the end of next week.

But acting Birmingham chairman Peter Pannu, currently in Honk Kong with club owner Carson Yeung, said: "There are no active negotiations with the group involving Gianni Paladini or any of his associates.

"Should there be any agreement reached, there shall be formal announcements made in Hong Kong and also in the UK. I would urge that only official information should be relied upon and not rumours or speculation."

Former QPR chairman Paladini insisted on Wednesday that he was keen to secure a deal as soon as possible to avoid a possible exodus of players when the transfer window re-opens.

"We want to get a deal done very soon because we don't want to lose any players in January," he said. "I am hopeful that we can get something agreed within the next 10 days.

"I still believe Birmingham can get into the play-offs and our intention is to sign four or five players in the transfer window to strengthen the squad."

"We have spent a lot of money trying to get this completed and are currently looking through the books. Our intentions in buying Birmingham have never wavered, we want it done, and we are keen to get it all sorted by the end of next week."

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

Related News

Most Commented

Readers' Comments

H

e doesn't need a caoch. He needs a bus. A bloody big one, that he can park across the goal line. And when he gets one, he can do us a favour and let us know where we can buy one from as well.

HarryBoulton
Rodgers: No defence coach

Y

ou are wrong Per, thats the right way the play. Its everyone elses' fault that it doesnt work.

delboy
Mertesacker urges style change

A

s it's panto season coming soon, let me be the first Oh yes you do

munchie
Rodgers: No defence coach

Footer 365

Sky sources: Mike Ashley proposes an emergency loan offer to Rangers

Sky Sports understands that Mike Ashley is proposing an emergency loan offer to Rangers.

Europa League: Everton investigating trouble in Lille before Thursday's match

Everton will work with Merseyside and French police to establish the facts about Thursday's crowd trouble in Lille.

Premier League: Tottenham to commemorate Bill Nicholson at Sunday's game against Newcastle

Tottenham will commemorate Bill Nicholson by bathing White Hart Lane in white when they face Newcastle on Sunday.

Mail Box

'Goals Like That Can Make You Pregnant'

Those being sniffy about Erik Lamela's rabona are given short shrift in the afternoon mailbox, where criticism of Brendan Rodgers is smashed out of the park...

Does David De Gea Need Competition?

It would certainly be a good idea to give Victor Valdes a contract, while we have more mails on Brendan Rodgers, Arsene Wenger, the rabona and mailbox gripes...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property