SPECULATION is growing that Birmingham City Football Club will soon have new owners after reports of a failed bid by an Italian businessmen.

Report suggests that Flavio Briatore bid £12m to buy Blues but that his overtures were rejected.

Given that Carson Yeung paid an estimated £57m to take over the St Andrew’s club in 2009, such a bid would be unlikely to succeed - despite the current owner’s present parlous financial situation and regulatory and legal wranglings - but may be seen as an open......for the full story register now for free or login below...