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

Best of Vital Network

Vital Boxing - Tyson Fury Will Be Back!

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

Recent Birmingham City Articles

EFL - The Stats Ten Games In (30/9/16)

The Football League, or as it wants to be known now, the EFL, have compiled the statistics with the vast majority of clubs now ten games into the new 2016/17 season.

Key player Vs. Blackburn

Luke Turner picks a key player for this weekend's game...

Opinion: Predicted line up Vs. Blackburn Rovers

Vital Birmingham editor Tom Heslop discusses who he thinks will be in this weeks XI as Blues prepare to take on Blackburn

Match Day Officials v Blackburn (1/10/16)

The Football League have now announced the Match Day officials that will take charge of the game against Blackburn Rovers this Saturday.

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 do we need to strengthen in the emergency loan window?
Suggested By: Tom Heslop
In goal6%
In defence21%
In midfield5%
In attack68%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Huddersfield 10 7 1 2 22 5
2 Norwich 10 6 2 2 20 5
3 Newcastle 10 6 1 3 19 11
4 Brighton 10 5 3 2 18 6
5 Brentford 10 5 2 3 17 9
6 Bristol City 10 5 2 3 17 6
7 Birmingham 10 4 5 1 17 4
8 Sheff Wed 10 5 2 3 17 0
9 Reading 10 5 2 3 17 -3
10 Barnsley 10 5 1 4 16 6
11 Wolves 10 4 3 3 15 2
12 Fulham 10 3 5 2 14 -2
13 Ipswich 10 3 4 3 13 0
14 Leeds Utd 10 4 1 5 13 -2
15 Forest 10 3 3 4 12 -2
16 Q.P.R. 10 3 3 4 12 -4
17 Aston Villa 10 1 7 2 10 0
18 Burton 10 2 4 4 10 -2
19 Preston 10 3 1 6 10 -4
20 Derby County 10 2 3 5 9 -4
21 Wigan 10 2 2 6 8 -2
22 Blackburn 10 2 2 6 8 -7
23 Cardiff 10 2 2 6 8 -9
24 Rotherham 10 1 3 6 6 -13
Latest F1 News
Latest Vital Boxing News

Recent Birmingham City Results (view all)

Birmingham City Fixtures (view all)

Oct 1 2016 3:00PM : Blackburn Rovers (H)
Sky Bet Championship
Oct 14 2016 7:45PM : Nottingham Forest (a)
Sky Bet Championship
Oct 18 2016 7:45PM : Rotherham United (H)
Sky Bet Championship
Oct 21 2016 7:45PM : Burton Albion (a)
Sky Bet Championship
Oct 30 2016 12:00PM : Aston Villa (H)
Sky Bet Championship
Nov 5 2016 3:00PM : Huddersfield Town (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.WayCoolBlue58
2.gazal45
3.David Village14
4.Rob Wildey7
5.Plynch6
6.BcfcTom4
7.LukeTurner2
8.Mark Jones2
9.savaloy1231
10.Sask1