Birmingham reveal new interest

Birmingham have revealed a consortium fronted by a sports management company is interested in buying the club.

Last Updated: 07/02/13 at 16:32 Post Comment

Birmingham: Money problems influenced sale of Jack Butland to Stoke

Birmingham: Money problems influenced sale of Jack Butland to Stoke

A statement released to the Hong Kong Stock Exchange by City's parent company revealed the consortium is being fronted by an unnamed sports management company.

Further discussions are planned as acting chairman Peter Pannu continues to seek potential new owners.

The statement from Birmingham International Holdings Limited read: "The company has been formally approached on 23 January and 31 January by a sports management company who has indicated that it will be able to lead a consortium which will consider the purchase of Birmingham City Football Club.

"The company's lawyers are currently in contact with the interested party with

the view to clarifying matters of this approach.

"The company will make further announcements on the future developments in relation to the above proposed transaction as and when appropriate."

Last year's interest from Gianni Paladini's Italian-backed consortium failed to yield a takeover, and Birmingham's ongoing financial problems influenced the sale of goalkeeper Jack Butland to Stoke on deadline day.

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H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

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Toure: I am staying with City

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uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

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Toure: I am staying with City

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