Gianni Paladini ups Birmingham City offer to £30m

Paladini ups Birmingham offer
© PA Photos
A consortium fronted by former QPR chairman Gianni Paldini makes an improved offer to take over at Birmingham City.

Former Queens Park Rangers chairman Gianni Paladini has reportedly increased his offer to buy Birmingham City.

The Italian is fronting a consortium that originally declared their interest in taking over the Championship outfit with a £25m bid in September.

It is now believed that the group has returned with a bid in the region of £30m, as they attempt to buy out troubled Blues owner Carson Yeung.

The 52-year-old businessman, who gained control of Birmingham in 2009, is currently in Hong Kong awaiting trial on money-laundering charges.

Acting City chairman Peter Pannu recently revealed that talks were taking place with two unnamed groups, despite the club not officially being up for sale.

Peter Pannu, Carson Yeung
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