Blues keep quiet on takeover talkBirmingham insist they are unable to comment on reports the club is set to be sold for £70million to a Far East-based businessman.It was claimed on Sunday that the Premiership club will be under new ownership in less than three weeks.
Co-owner David Sullivan told the Birmingham Sunday Mercury: "Under stock exchange rules, we cannot comment on these things.
"The club may or may not comment in response to the story next week - if we do, it will be via the stock exchange."
The report said auditors will arrive at St Andrews this week to carry out due diligence and that the club have called an emergency board meeting for tomorrow.
Sullivan and co-owners Ralph and David Gold were said to have agreed to sell because the buyer is paying well over the market value for the club.
Key figures in the deal were said to have signed confidentiality agreements.
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