Blues confirm takeover talks

Birmingham City have confirmed that they are in advanced talks to sell a minority stake to a British consortium with a ‘strong North American investment fund’.    Whether this means that the consortium has North American backing or has substantial investments in the US is not clear from the ambiguous wording.

Birmingham City have confirmed that they are in advanced talks to sell a minority stake to a British consortium with a ‘strong North American investment fund’.    Whether this means that the consortium has North American backing or has substantial investments in the US is not clear from the ambiguous wording.

There are a number of technical issues for legal representatives of both sides to resolve.  Presumably the purchasers would eventually acquire more than a minority stake.