Five offers received for Birmingham City, BIHL

Five bids made for Birmingham

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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