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EXCLUSIVE TALKS GIVE BLUES FANS FRESH HOPE
The Football League Paper
|April 16, 2023
THE prospect of Birmingham City having new owners has moved a step closer after the club entered a period of exclusive negotiations.
China-based Birmingham Sports Holdings Limited made the announcement via the Hong Kong Stock Exchange. The deal would also include the purchase of the club’s St Andrew’s home.
A group fronted by Blues-supporting businessman Jeremy Dale have been linked with the club.
A Blues statement said: “The club’s owner, Birmingham Sports Holdings Limited, has announced on the Hong Kong Stock Exchange that two letters of intent have been entered into with a potential purchaser.
“This is in relation to the exclusive negotiations of two potential transactions. One transaction would involve the disposal of 24% of the shares in Birmingham City PLC by Birmingham Sports Holdings Limited.
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