Transfer market

ENGLAND/ BIRMINGHAM, No takeover talks taking place with Paladini

14.09.2012 23.16 by TM W  read 912
Source: Sky Sport

Birmingham have announced they are not involved in takeover talks with a consortium led by former QPR chairman Gianni Paladini.

Paladini claimed earlier this week that an offer of more than £12million had been made by the consortium and was subsequently rejected by the Birmingham board.

Amid speculation that the situation was ongoing, the Championship club have moved to end the rumours by stressing that no discussions are taking place with the Italian.

An official statement said: "The board of Birmingham City FC can clarify its position following recent media speculation regarding the ownership of the club.

"After comments made to the media, the club would like to place on record that there are no discussions taking place with any group associated with Gianni Paladini.

"A takeover bid was made to the board's lawyers by representatives of an undisclosed party but this was summarily rejected."

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