Birmingham City have rejected bids from Leeds United and Reading for striker Clayton Donaldson, reports HITC Sport.
The two rival Championship clubs were among a number of sides chasing the 31-year-old and have thought to have offered £750,000 for the striker.
Birmingham have turned down the offers and told the two clubs that if they want the former Hull City trainee, then they will have to stump up £2 million.
But the Blues are in an insecure financial position, meaning they could be forced to sell their star striker in order to raise funds for the club.
The St Andrews outfit have been up for sale for the last three years and the current owners entered receivership in February.
But developments have occurred this week as an Asia-based firm have been granted a two-year exclusivity period to bid for the club and have promised a loan facility of £12.5m, which will be secured against the club’s ground.
Leeds and Reading are expected to come back with a new offer for Donaldson after testing Birmingham’s resolve.
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