MX23RW : Tuesday, March 19 09:13:45| >> :600:355008:355008:

Five offers received for Birmingham City, BIHL

The receivers of Birmingham City's parent company, BIHL, reveal that five offers have been received for the club and/or BIHL.

Receivers have confirmed that five offers have been made for an interest in either Championship side Birmingham City or parent company Birmingham International Holdings Limited (BIHL).

Ernst & Young have been in effective control of BIHL for over a month because of broken management relations and have been assessing bids.

A statement to the Hong Kong Stock Exchange read: "The receivers are currently exploring all strategic options, including a number of offers from parties expressing an interest in the company and/or Birmingham City PLC.

"Up to March 30, 2015 the receivers have received five indicative non-binding offers from independent third parties in relation to possible acquisition of an interest in the company and/or Birmingham City PLC."

The Football League has been told that the BIHL situation has not placed the Blues into financial danger.

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Michael Morrison of Charlton in action during the Sky Bet Championship match between Charlton Athletic and Birmingham City at The Valley on October 4, 2014
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