Birmingham City’s parent company Birmingham International Holdings Limited (BIHL) has, today, announced at the Hong Kong stock exchange that five offers have been received to buy the Championship club, reports the BBC.
The news of these five offers comes just a couple of weeks after BIHL stated that the sale of the club was a last resort, and at that time advanced talks hadn’t taken place with any other party.
The Football League confirmed last month that they are sufficiently satisfied with Birmingham City completing the current Championship season within the current financial situation.
If the financial situation had not been up to Football League standards the Midlands side could have been deducted ten points which would of dragged the Blues into a relegation dogfight.
BIHL are currently exploring the offers and potential investments from other parties after today’s announcement.
City currently lie 15th in the Sky Bet Championship, 12 points clear of the relegation zone, and are likely to play their last eight games of the season safe in the knowledge they won’t have to put their fans through the same final day stress they experienced last year.
Birmingham looked set to get relegated to League One before a two-goal comeback away at Bolton, with the equaliser coming in the 93rd minute from Paul Caddis, preserved City’s Championship status at the expense of Doncaster Rovers.
Blues fans will be hoping that BIHL choose the right bidder to steady the ship off the pitch and push forward on the pitch.
City have been in the Championship since being relegated from the Premier League in 2011 despite a famous victory over Arsenal in the League Cup final.
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