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Birmingham at advanced stage in talks with a Hong Kong party interested in takeover

Image: Birmingham City: Takeover talks at an advanced stage

Birmingham are at an advanced stage in discussions with a mystery Hong Kong party interested in a takeover of the Championship club.

A first offer from Paladini's consortium, believed to be around £25million, was rejected in September. Meanwhile, current owner and Hong Kong businessman Carson Yeung, who is currently unable to leave the Far East, will still face court on November 28 over alleged money laundering after today seeing a bid to delay the case rejected.

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