Writer: Christopher Handy
Date:Tuesday August 20 2013
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.
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Date:Tuesday August 20 2013
Birmingham Triumph In Senior Cup (Thursday October 30 2014)
Nod of Approval from Jackett (Thursday October 30 2014)
Burton Expected Exist of Manager (Thursday October 30 2014)
Rowet on Rolling Deal (Thursday October 30 2014)
Davis Wants Three Points for Birmingham (Thursday October 30 2014)
Blues Players React to Training Change (Wednesday October 29 2014)
Rowett Anything BUT Concerned (Wednesday October 29 2014)
Arthur Indebted To Lee Clark (Wednesday October 29 2014)
Birmingham Supporters Turn to Football League (Wednesday October 29 2014)
Clark Linked With Blackpool (Wednesday October 29 2014)
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