Championship club in talks with unnamed ‘prospective investor’

Birmingham City has issued a statement to say that the Championship club’s future is under discussion with regard to a “proposed investment deal”.

For legal reasons, the prospective investor is not yet being named.

The club says the potential investment involves both St Andrew’s stadium and a shareholding in the club.

Birmingham City is not up for sale but had an offer last summer from a consortium led by local businessman Paul Richardson and ex-Barcelona striker Maxi Lopez.

After several months of due diligence Richardson and Lopez pulled out of their four-month long bid in early December.

In a statement, Birmingham City Football Club said: “The club can confirm that talks have been initiated between a shareholder and a third party over a proposed investment deal for both St. Andrew’s Stadium and a shareholding in the club.

“For legal reasons, the club is restricted in what it is able to say publicly regarding this matter and are not currently at liberty to name the prospective investor or to provide any further details regarding the negotiations.

“Due diligence is currently being undertaken by the prospective investor.”