Often Partisan

New Consortium Approaches BIH Over BCFC Sale

Birmingham International Holdings have announced to the Hong Kong Stock Exchange that a sports management company has contacted BIH with respect to leading a consortium to buy BCFC.

The announcement confirms the approaches made on 23 January and 31 January, but goes into no further detail.

It is worth noting that the sale of the club cannot go through without stock exchange approval or the publication of the BIH accounts and that no formal bid has been made as of yet.

Tags: , , , ,

Article sponsored by Small Heath Alliance

55 Responses to “New Consortium Approaches BIH Over BCFC Sale”

  • motozulu says:

    Me and the Mrs down the pub were saying yesterday that we expected this very soon – all the window activity (lack of a firesale) said something was brewing.

    Interesting times!

  • Oldbluenose says:

    Almajir;,

    I had just read such an announcement on a B,B,C. blog,!!. I had intended mailing you — but you were/are way ahead of me, lol,!!.

    Sports Consortium, ?. Could it be palandi [ or whatever his name is ] making fresh overtures, ?.

    I do hope NOT, !!.

  • motozulu says:

    Oldblue I don’t care tbh – just need fresh owners and fresh investment IMO. Paladini and co at QPR may have been a bit contraversial but look at where QPR are now compared to us.

  • BROCKLBANK says:

    look where they are??bottom of the table and multy millions in debt and a manager whose very dodgy

    • roskoe says:

      Couldn’t agree more with your assessment of QPR, however dodgy HR is though he does seem to have the knack of getting the best out of players…. and agents.

    • Kaje says:

      I’d rather be bottom of the Premiership than lower mid-table in the Championship.

    • chris says:

      Brock, it’s where they finish in May that counts not the end of January.
      No one knows their debt as we don’t know how rich their owners are, but i agree i would be worried as a QPR fan if they went down, not knowing if the owners could bankroll the debt and wages they would have in the championship
      where have i heard that before about how rich owners are???

      • nicky wicky says:

        Chris you don’t have to have mega millions to get out of the championship. if you got some decent players which blues have and you organise them right then they’ll get the wins too go up. trouble is i think Lee clark is a little inexperienced and lacking in ideas. His teams seem to be one dimensional. I know how he wants to play but he’s not sure how to implement it with better quality players at a bigger club in the Championship. If we did get promoted we would have different problems because he would have to get in some different players and maybe one or two better quality, and play less hoof ball. I think he should start playing how he he would be playing in the Premiership, and then maybe they’d get promoted?

  • Paulo says:

    As has already been mentioned, what lies ahead is ……interesting times.

  • Eric says:

    Why are so many people against Paladini and co? At least he lives locally. QPR are certainly doing better than Blues.

  • swissjonny says:

    Lets just hope Pannu leaves the negotiations to somebody with the relevant skill sets.

  • Boozy Blue says:

    QPR are doing better than Blues? they have an 18k max stadium yet are spending millions abour 50 and are still in the bottom 3 and have one player on over 100k a week
    They are the new portsmouth in waiting, they will be in big trouble if they get relegated..

    Paladini is only a front man, he’s not putting up the cash and hence I don’t trust him as I want to know who the real people are who are fronting the money, I had the same issues with Yeung over his investors

  • Dan H says:

    This is most likely Paladini – The Majority of Sports Management Companies are Sports Agents of which Paladini is/was

    Looks like they are following the QPR model, buy on the cheap, run on the cheap, trade to a new consortium.

    We need a Sports Investment Company not a Management Company but I’d take anyone with Cashflow before the start of next season

    • Dom says:

      Would Paladini count as a ‘new’ consortium.

      • Dan H says:

        I’d say the way he’s conducted Business with Pannu means he will most likely be taking a back seat, I think he has burnt several bridges with Pannu. I’d day it is still very likely to be his original consortium under a different name

  • motozulu says:

    Exactly Dan. QPR are owned by a very rich man who you assume knows what he’s doing. So if anyone asks me if I am happy with us selling a future England No1 for peanuts to Stoke in order to pay wages – and if i think that’s a better place to be in than where QPR are..No – it aint!

    • Dan H says:

      Lack of cashflow has probably cost Blues £3m on the Butland deal. It’s a sorry state of affairs when the football club cannot secure a loan with a bank until the end of the season.

      Pannu’s managing our financial affairs so why not secure a loan from HSBC or another funder and secure it against part of a parachute payment or player sales in the summer.

      All teams know how much they have to spend once they know where they finished and what league they are in. There would have been an Auction for Butland in July.

      It shows a lack of long term business strategy which confirms Pannu can’t see past the ‘takeover’ which has drifted for months.

  • Roger Jones says:

    “Better the devil you know… ” – hm, maybe, but that saying is not biblical or logical – just an old wives’ tale!

    I’m of the belief that folk can learn from their mistakes. Paladini did things right and wrong at QPR, and he may now realise where he messed up. We can’t say that the present lot know how to run a football club.

    Paladini is UK based, ie. we know where he lives! Surely he is a far better bet than the present “chinese takeaway”? He will also know how we “blue-noses” think and feel.

    • Blue in Spain says:

      He wasn’t with QPR when he was posing as Forest chairman, he wasn’t with QPR when he said he is friends of the zulus, and he certainly wasn’t with QPR when he had his son go on twitter to say the deal was off. So he’s learnt nothing from his mistakes! And just as an aside, was there any need for the chinese takeaway slur?

  • uttb says:

    The sports company in question is…..xtep!

  • marky mark says:

    Fail to see how QPR being bottom of the league,in debt and managed by a
    Harry Rednap can be Paladinis fault ? Is he still there then?

    Some people need to engage brain before commenting

    • Blue in Spain says:

      You’re right, however it’s you that needs to heed your own advice, as no one has blamed Paladini for QPR’s current plight!

    • brk says:

      nobody said he was –read from the start COMMENT WAS QPR ARE DOING BETTER THAN B,HAM!!!!!!!!!

  • BCFC14 says:

    Heard from a few including Tatts and Nursey that this new approach is NOT Paladini and is in fact a Chinese/Hong Kong consortium.
    I personally believe/hope that this deal is further down the line than reported. Quite a coincidence don’t you think that the second meeting/approach was on transfer deadline day!! Could be a reason why a fire-sale did not transpire!

  • marky mark says:

    Perhaps you should read the blog again blue in spain
    I said some people not everyone

  • marky mark says:

    Broklebank, bbl,roscoe, motzulu !!!!!

    • Blue in Spain says:

      Nope, none of them said it was Paladinis fault, read it again! In fact a couple of them said they’d rather be where QPR are than us!

  • marky mark says:

    It may not state it, but its clearly inferred that the two are linked,

  • BobBobandTrev says:

    Guys,chill,
    It’s not worth it, lets all hope it’s good news for once,get a perspective on things and move forwards.

    To the end of the road

  • Bluenosesol says:

    What the hell are we doing arguing about Paladini and QPR? Paladini failed in his bid and we can only guess if that is for the better or worse and QPR are the next Portsmouth. Focus on Blues and see you at Charlton, if you cant make it to Charlton then see you against Wednesday for a great atmosphere and a 20k plus attendance!! KRO

  • ChrisG says:

    Why is everyone once again jumping the gun & once again moaning about Paladini without any scrap of evidence that it’s him?, the reports say an UNNAMED SPORTING CONSORTIUM. Can’t some of you moaners give it a rest & wait & see what happens?, it’s becoming VERY embarrassing being a bluenose & reading some of the crap written on these forums, it was the same before the transfer window opened, I think the majority was praying for a fire sale just so you could have a good moan. Some of you blues fans are just never satisfied. For all you know it could be Nike, Adidas, Diadora or god forbid Xstep!!

    • almajir says:

      I don’t think people are necessary moaning about Paladini because it could be him – I think people are just countering the views that Paladini is potentially the saviour of Birmingham City.

      PS – Sports Management Company doesn’t mean “sports apparel company”. I highly doubt it’s Nike, adidas etc

      • ChrisG says:

        Ye I know what you mean but I was just trying to be more positive in my speculations (or is it wishful thinking!!!!)

  • poppa999 says:

    Could it be IMG Worldwide, a global sports, fashion and media business, with nearly 3,000 employees operating in over 30 countries around the globe. IMG’s areas of expertise are diverse and wide ranging: IMG College is the leader in collegiate marketing, licensing and media rights. International Headquarters in London. Considerable interests in China.

  • Sirharry1875 says:

    If this is another Hong Kong/Chinese consortium then I refuse to get excited. In fact i can’t get excited about any consortium at the moment. Whatever will be, will be. We’re sorted till the summer, we’re playing better, we’ve got plenty of work ahead to firstly secure Championship survival and then see where we go.

    All we can do is get down there and get behind the Boys in Royal Blue. And enjoy being part of it.

  • crother88 says:

    in reply to chris g you go on about blues fans moaning in the past 8months give me 3 reasons why we should have been so happy and cheering i bet you can give 3 reasons to why we moaned

  • Mark says:

    I fear all this excitement is going to lead to dissapointment.. What are the odds that it is another hong kong consortium.. Yet again with unknown backers, and Peter Pannu has negotiated with them, as he will maintain his place on the board.. In my humble opinion, the reason why PP did not negotiate with Paladini is that there would be no future here for PP.. I do fear that we will have a similar animal… Jus with different spots!

    • swissjonny says:

      Bang on Mark.Pannu has no cred in HK so needs to leach on to another opportunity.The Hong Kong legal profession call it a slow dripping roast.

  • subrex says:

    I hope it’s Jasper Carrott, he might not have the money but I think if our clubs going to be a laughing stock he will somehow make the dark clouds go away


Personalised Gifts for a Bluenose
Haircuts and League Cups
Open Tax Services
Corporate Solutions UK
PJ Planning
Rodal Heating

Archives