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

Upgrade in minutes or watch with a NOW TV Day Pass.

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."

TEAMtalk Facebook Fan Page

The TEAMtalk fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Most Commented

Readers' Comments

S

till reckon Chelsea will go for Khedira as back up for Matic. I think it will turn out to be quite a Mourihno-y window: We'll see the squad players and youth in action pre-season, say things like well, we need not buy anybody and then the club will bid £60m for Pogba and send everybody on loan.

tk421
F365's Transfer Guide - Part One

I

would love to be a fly on the wall at the meeting between Milner and Rodgers. I don't know if flies can count, but if they can then I would be counting the number of times Rodgers used the word outstanding in his attempts to get Milner to sign.

godzilla
Reds and Arsenal chase Milner

W

ell, it wouldn't be a summer without Arsenal fans fretting over losing a key player, and United throwing their weight around and muscling in on transfer deals which are (apparently) near to completion. If we can't be entertained by the football on the pitch, let's enjoy the silly off-pitch soap opera of the transfer season. Hurrah!

CamberleyGooner
The Back To It Gossip

Footer 365

Gundogan yet to make decision on future

Borussia Dortmund midfielder Ilkay Gundogan could yet join Manchester United this summer, according to a report from Germany.

Atleti, Arsenal and Liverpool target Vietto

Villarreal are reportedly attempting to renegotiate Luciano Vietto's contract to ward off interest from Atletico Madrid, Arsenal and Liverpool.

Sepp Blatter plans US trip for CONCACAF Gold Cup

Sepp Blatter is planning to visit the United States to attend next month’s CONCACAF Gold Cup tournament.

Mail Box

James Milner: Jose's Perfect Player?

Probably. But presumably he would not swap one bench for another. We have mails on over-hyped players, Arsenal enthusiasm, UEFA, FIFA and naked dudes...

Francis Is Coq Of The North (London)

There is more praise for Mesut Ozil, but it's Francis Coquelin who gets the big love in the Mails. Plus Lazio, Wilshere swears (who cares?) and an over-capped England...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company