Birmingham City - BIH Announce Progress
UK time is: 16:08:50
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

BIH Announce Progress

The Hong Kong owners of Birmingham yesterday announced that interested parties in the club had completed the due diligence test, basically a series of checks made to ensure everything is as stated with the club.

It has been quite some time now that Birmingham International Holdings have been searching for a buyer and with Carson's trial adjourned for another three months, it looked even less likely for a continued Yeung ownership of the club (not that anyone wants that).

The interesting thing about the statement is they make it clear no formal bids have been made, so I really would not get excited about this news at all.

Why? I hear you ask, well its quite simple, how many people do you think waste car salesmen's time test driving a car they pretty much know they aren't going to buy unless it WOWS them? A LOT and well why shouldn't they waste that time, its their money they are perfectly entitled to evaluate a purchase. Which is what I would point out, these tests are just people kicking the tyres of the club!

I would take a positive in the fact that Blues have completed the due diligence and its just another hoop jumped on what is seeming like a long road to a new owner, but again, it is nothing concrete (although I could be totally wrong).

One thing I can probably guarantee is that what ever happens, we aren't going to have a clue about it until it happens, the stock exchange has all kinds of limitations on what can and can't be revealed and as a result parties just release the bare minimum.

So basically, someone or maybe several parties are looking at Blues and giving it a bit of a poke but just as always we must sit, wait and be surprised when we're told at the last minute.

Invite A Friend Today, It`s Your Vital; Keep Us Alive To Thrive

Tell us what you think! Leave a comment below this story!(you can even win prizes!) for poll votes and leaving article comments.

This website is your website, so if you have an opinion, why not submit an article idea? Perhaps your idea is exactly what we need? If this interests you please contact Vital Birmingham

Set us as your home page and never miss an update!




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Christopher Handy Mail feedback, articles or suggestions

Date:Tuesday August 20 2013

Time: 1:03PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Birmingham City Articles

Blues Sign Kuszczak (Wednesday July 1 2015)

It'll be a Gray day if Dimmy leaves (Wednesday July 1 2015)

The Chase for Donaldson (Wednesday July 1 2015)

Thoughts On Jacques Maghoma (Wednesday July 1 2015)

In King Gary We Trust! (Wednesday July 1 2015)

Birmingham Home Game Moved (Tuesday June 30 2015)

Archived Birmingham City Articles

List All Vital Birmingham Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

League Table (view table)

Team P W D L GD Pts
1. Birmingham 0 0 0 0 +0 0
2. Blackburn 0 0 0 0 +0 0
3. Bolton 0 0 0 0 +0 0
4. Brentford 0 0 0 0 +0 0
5. Brighton 0 0 0 0 +0 0
6. Bristol City 0 0 0 0 +0 0
7. Burnley 0 0 0 0 +0 0

Breaking League News

Blues Sign Kuszczak
Birmingham : 01/07/2015 15:31:01
Blues in 'Advanced Talks' with Players
Birmingham : 01/07/2015 15:10:01
RUFC - Tickets On Sale For First Game Of Season
Rotherham : 01/07/2015 14:12:00
Owls Former 'Goal Machine' Signs For Bolton
Sheff Wed : 01/07/2015 13:59:00
It'll be a Gray day if Dimmy leaves
Birmingham : 01/07/2015 13:48:00

Current Site Poll (view all polls)

Are Birmingham ready for the upcoming season?
Suggested By:  
Yes 15%
I don't know 2%
No 83%