Birmingham city takeover latest news

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The Blues managed to make some progress at this level under the guidance of head coach John Eustace last season. In order for Birmingham to achieve a great deal of success in the coming years, they will need to nail their transfer recruitment. Eustace could be in line to receive a bigger budget this summer once a takeover deal involving Tom Wagner is finalised. As revealed by Birmingham's official website last month, Wagner's Shelby Companies Limited group has agreed a deal to purchase an overall stake of As part of this deal, the Wagner-backed group will also own the club's stadium, St Andrew's.

Birmingham city takeover latest news

Birmingham City head into the final international break of this Championship campaign in 17th place, with 45 points and on the back of two wins from their last three matches. The Blues bridge a nine-point advantage over Huddersfield Town in 22nd and will be hoping this form can continue when second-tier football returns at the start of next month. The ultimate objective that the campaign targets is forcing current owners, Birmingham Sports Holdings Ltd, to sell the club. Of course, a consortium led by Paul Richardson and former Barcelona player Maxi Lopez had been in talks for months in regards to taking over at St Andrew's, however, they were forced to withdraw their bid in December. Following the collapse of this takeover bid, both Richardson and Lopez have reportedly been charged after allegations surfaced that the pair, and former Charlton Athletic chairman Matt Southall, that they tried to take full control of the club without prior EFL approval. After his failure to take control of the Championship club with Lopez, Richardson re-emerged as an interested party alongside another businessman in Jeremy Dale, who has been targeting Vech Pong's In late February, an update from Birmingham Live revealed that Dale had been showing members of his consortium around the club's training ground, although there has been no indication that a deal is close to being struck. He said: "I think people at the club are more hopeful on this one than they were with previous takeover attempts. Rangers links feel impossible now for Birmingham City: View. David Prutton predicts winner in Millwall v Birmingham City clash. Un match important dans la course pour le maintien.

Don't miss a move! Wagner and his team will then set about actioning those plans once they are in position at St Andrew's. Rotherham United Rotherham United.

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Birmingham city takeover latest news

Richardson was present at St Andrew's on Tuesday morning to discuss his joint bid with Lopez. The website of Maxco Capital - the company Lopez co-owns with businessman Christian Codoma - said that an announcement would be made on Tuesday. The home page is now just an image of an hourglass. It would end months of speculation and uncertainty around the Championship club after shareholder Vong Pech confirmed he would be selling his The pair have waited in the wings while Laurence Bassini tried to complete his takeover. The Londoner has missed a series of self-imposed deadlines to become Blues' new owner after claiming on national radio that a takeover was imminent last month. Blues fan Richardson was one of the founders of sportswear brand Gymshark and he now owns fashion label Hera. Lopez is more well-known in football circles having enjoyed a playing career spanning 20 years featuring spells at River Plate, Barcelona and AC Milan. BirminghamLive will be bringing you the very latest news on the takeover situation throughout the day.

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Don't miss a move! Live Live From the section Formula 1. Tom Wagner makes transfer vow after Birmingham City takeover. Facebook Twitter. More Newsletters. While the Blues season petered off to a 17th placed finish thanks to a defeat to Sheffield United, the attention of most fans was focused on matters off it. The two-headed dog experiments that shocked the world. Group First picture of teenager stabbed to death in Wolverhampton park as police give fresh update. Once the Hong Kong Stock Exchange decides to give Wagner the green light, this takeover deal will be finalised.

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Good Morning Britain. Watford Watford. Live Live From the section Rugby Union. I live in waterside oasis in the heart of Brum where the tranquillity is broken every six minutes. The Blues managed to make some progress at this level under the guidance of head coach John Eustace last season. One of Vladimir Demikhov's creations lived for 29 days. Wagner also confirmed that Blues will continue their upgrade of St Andrew's, work on which had stalled - and that the first team will continue to train at Henley-in-Arden. It started with Carson Yeung, a Hong Kong hairdresser turned businessman who bought Birmingham in and quickly enjoyed success, including winning the League Cup in although Birmingham were also relegated from the Premier League in that same season. BBC The Wheel contestant's family to hidden health conditions. Prince Edward gives update on King Charles' health after cancer diagnosis. Network Rail. Missing People. Birmingham City will be the latest American-owned club. Bristol City Bristol City. Millwall Birmingham Sky Sports 1h.