5 September, Thursday, 2024
No menu items!
HomeSourcesmirror.co.ukBirmingham takeover update as prospective owners plan talks with American tycoon

Birmingham takeover update as prospective owners plan talks with American tycoon

Birmingham are due to be taken over before Christmas by ex-Gymshark chairman Paul Richardson and former Argentine striker Maxi Lopez who are waiting EFL approval

Birmingham’s prospective new owners are set to hold talks with US property tycoon Michael Fuchs about potential investment.

Ex-Gymshark chairman Paul Richardson and former Argentine striker Maxi Lopez paid a £1.5million deposit in July for Blues’ largest individual shareholder Vong Pech, who has a 21.64% stake.

It is part of a plan to take over the whole club in the next two years for £36.5m from their Far East regime. The takeover is dragging on as the EFL continue to thoroughly scrutinise the deal.

But Richardson and Lopez have assured Blues boss John Eustace it is on track with City on a good run of just one defeat in seven Championship.

RELATED ARTICLES

Most Popular

Recent Comments