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Blues Owners Reasure Fans

Blues Owners Reasure Fans

Birmingham City's owners have made moves to assure fans that they will not lose control of the club by issuing a statement.

'Birmingham International Holdings Limited acknowledges that it has been in litigation with Seymour Pierce disputing the payment of fees and that summary judgment had been obtained by Seymour Pierce in relation thereto,' read the statement on the club's official website.

'Birmingham International Holdings Limited is currently seeking leave to appeal the decision.

'Birmingham International Holdings Limited stresses that the amount in dispute is immaterial to it and if payment is required to be made, will not have any material adverse effect on its financial condition or business.

'It is stressed that Birmingham International Holdings Limited has not and will not lose control of Birmingham City Football Club as a result of this litigation.'


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Writer:Foxxy
Date:Friday April 16 2010
Time: 11:49AM

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Removed, warning emailed. Next one like that = network ban. [Edited by Site Staff]
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