SALE OF BLUES IS CLOSER

The Football League Paper - - NEWS -

BIRM­ING­HAM City are poised to be sold with the club’s par­ent com­pany pre­par­ing to name their pre­ferred bid­der.

Birm­ing­ham In­ter­na­tional Hold­ings Limited have been in talks with five groups based in Bri­tain, the Mid­dle East, Far East and Aus­trala­sia.

A board meet­ing of BIHL in Hong Kong has been held with an an­nounce­ment to the Hong Kong Stock Ex­change im­mi­nent.

Birm­ing­ham will be sold in tranches over an 18-month to two-year pe­riod as Hong Kong Stock Ex­change reg­u­la­tions pre­vent a full im­me­di­ate sale.

BIHL are look­ing to off­load 25 per cent of the club ini­tially. WAT­FORD are set to sign the Le­ices­ter winger Lloyd Dyer.

The 31-year-old had been ex­pected to stay at Le­ices­ter af­ter play­ing a key role in help­ing them win pro­mo­tion.

But he has only been of­fered a new one-year deal by the Foxes and has re­jected that con­tract.

He has been of­fered a three-year con­tract by Wat­ford and is poised for a move to Vicarage Road.

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