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.
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!
Date:Tuesday August 20 2013
Birmingham Winners of LG Performance Award (Sunday December 21 2014)
Birmingham's Cotterill Delights With Winner (Sunday December 21 2014)
Rowett on Beating Huddersfield (Sunday December 21 2014)
Highlights: Huddersfield 0-1 Birmingham (Sunday December 21 2014)
Opinion: January Transfers (Sunday December 21 2014)
Blues Through To Next Round (Friday December 19 2014)
Former Birmingham Defender Reflects on Defeat (Wednesday December 17 2014)
Birmingham Agree Deal With Charlton (Wednesday December 17 2014)
Birmingham Manager Finishes Impressive Peno (Wednesday December 17 2014)
BIHL to Provide Funds for BCFC (Wednesday December 17 2014)
|14. Sheff Wed||22||6||10||6||-5||28|
|18. Leeds Utd||22||6||6||10||-7||24|
|Gray - We Have To Be Better Than That
» Sheff Wed : 21/12/2014 19:57:00
|LUFC Leeds Loan Watch - December 20th
» Leeds Utd : 21/12/2014 19:56:00
|Holloway - We Were Hesitant Against Bolton
» Millwall : 21/12/2014 19:47:00
|Peeters - Slow Start Cost Us
» Charlton : 21/12/2014 19:38:00
|Lack Of Consistency Frustrates Slade
» Cardiff : 21/12/2014 19:26:00