Vital Football

Latest Birmingham City News

BIHL Announce Plans to Sell 24% of Birmingham

BIHL Announce Plans to Sell 24% of Birmingham

Birmingham International Holdings Limited have announced today that they have received a non-binding offer for the disposal of interests in Birmingham City Football Club. Basically they have the option to sell some and/or all of its interest in the football club.

The statement indicates that the board have considered only one offer, although media reports suggest this is not the case. The board members have decided that they will only dispose of interests up to 24% initially in order to retain BIHL trading status on the HKSE.

The statement then goes on to say that this statement is not the representation of a formal agreement; this is apparently normal practice at this stage. There is no naming of a preferred bidder, but the fact that they are commenting in the singular could mean they have indeed chosen said bidder.

Earlier today BIHL halted the trading on their shares in order to make this announcement. The statement also says they have asked the stock exchange to now resume the trading of BIHL.

To quickly summarise, it appears not much has been given away yet. However you could say that a bidder has been chosen and they intend to go through with selling 24% of Birmingham City Football Club to the anonymous party.



Click Here to sign up for our site, and join the debate in the comments below!



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

Writer:Christopher Handy
Date:Monday May 26 2014
Time: 4:19PM

Comments

0
They should sell the bloody lot and then just ***** off and leave us well alone
weapon
27/05/2014 12:43:00
0
think they intend to, this tells us very little
HappyBlueHarry
27/05/2014 12:51:00
0
Very glad I'm reading this bull***** statement a day late after the CLUB clear it all up
Chrisblues
27/05/2014 20:41:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Vital F1 - Sympathy for Kvyat?

Recent Birmingham City Articles

Reaction: 5 things we learnt from the Oxford United win

Vital Birmingham editor Tom Heslop takes a look at five things that were learnt during the win over Oxford United

Transfer Talk: Championship rivals battle for Blues defender

Hull City and Middlesbrough are both reportedly battling it out for Blues defender Ryan Shotton

Reaction: Who are the two Blues trialists?

Vital Birmingham editor Tom Heslop attempts to take a closer look at the two trialists that Blues have named on the bench for their game against Oxford United

Transfer Talk: Blues announce two trialists for Oxford trip

Birmingham City have announced that two trialists will be in the squad for when they take on Oxford United this afternoon

Archived Vital Birmingham Articles

Vital Birmingham articles from

Site Journalists

Tom Heslop
Editor email
Profile
Christopher Handy
no email
Profile
Saskia Bowes
no email
Profile
Rob Wildey
no email
Profile
Luke Turner
no email
Profile

Current Poll (see more polls)

Where will Blues finish next season?
Suggested By:
Top 217%
Top 646%
7th - 14th27%
15th - 21st4%
Bottom 36%
ScoopDragon Publishing Entire League Network of Sites
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Birmingham City Results (view all)

Birmingham City Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Le Hane60
2.WayCoolBlue33
3.David Village30
4.Ohio25
5.gazal13
6.cropped6
7.mickoblue3
8.Plynch2
9.Stevendp1
10.WhoRya1
Vital Football Comment