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Birmingham City on verge of take over


Football News 24/7
Gianni Paladini a Solihull-based businessman revealed he was due to sit down with acting chairman Peter Pannu and reaffirmed to commitment to buying the Birmingham City. The club are struggling in the bottom half of the Championship

But Paladini could not hide his frustration over his drawn-out pursuit of the club as he branded Pannu the “invisible man”. He told the Birmingham Mail

“My lawyers have been in touch with me to confirm we have a meeting with Birmingham City representatives and Pannu on Monday,” Paladini said.

“Hopefully, we will then be able to agree to all the terms and conditions so a deal can go ahead.

“However, it is like dealing with the Invisible Man. Pannu is like the Phantom.”

Paladini spoke yesterday as another bizarre day in his long-running attempt to buy Blues saw him deny claims attributed to his son that he had lost patience with the club’s hierarchy.

Online comments attributed to Steve Paladini accused Blues of “jerking around” his father’s consortium and said: “My dad and his gang will buy another club and I’ll cry.”

Paladini, who has offered £30 million for the club, said he had been unable to reach his son, a big Blues fan, to check whether the comments came from him. The Birmingham Mail went on;

“I could not speak to him but we all want a deal to go ahead,” he said.

“Everyone is very impatient and it has been very difficult. I am hoping we will have something to say next week.

“My son is a big Blues fan. We all want the best for Birmingham City.”

Paladini threatened to pull out of the race to buy the Club last month after a bust-up with Pannu.

The Italian was enraged when Pannu insisted officials were not in “active negotiations” with his consortium.

He declared his interest in the club was over before performing a U-turn and insisting: “We still want to do the deal.”

Pannu hit back within days, accusing Paladini’s group of trying to get Blues on the cheap.

“If people don’t have the money, they should just shut up,” he told a newspaper in Hong Kong.

“I support freedom of speech and he (Paladini) can say what he likes in the press.

“But if anyone wants to buy our club they better prove they’ve got the money to do it before they talk to the British media.”

Parent company Birmingham International Holdings Ltd said last month that talks were under way with two Hong Kong groups and one in the UK.

One of the Far East consortia was said to be led by the boss of Hong Kong’s top TV company, Charles Chan, while the British-based outfit was believed to be Paladini’s.

According to the Birmingham Mail a spokesman for Birmingham City said the club would continue to conduct any business in the correct manner and did not want to comment on Paladini’s latest claims.


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