Quick enquiry
  • Wolves event 17

Birmingham City latest as former QPR owner makes bid

Football News 24/7
According to reports in the Football League Paper, Birmingham International Holdings parent company for Birmingham City FC will this weekend consider a bid from former QPR owner Gianni Paladini.

Yeung is at the centre of a court case for money laundering which has seen his assets frozen and last week the companies auidtors resigned.

The offer from Paladini is substantially less than the £81.5 million Yeung paid for the club three years ago. It is thought the deal is worth £30 million of which £13 million would be deferred.

The only other interested party seems to be a Hong Kong based consortium, but unless a buyer can be found soon Yeung's own financial woes may drag the club down with him.

The last thing boss Lee Clarke wants is a fire sale of his squad in January with England 'keeper Jack Butland top of the wanted lists at many clubs.

Everton are the latest club to be linked with a move for Butland but no written bids have been made according to Clarke.



Web design by Brick technology Ltd.