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SBD Global/November 27, 2012/International Football
Birmingham City Chair Leaning Toward Hong Kong Bid, Skeptical Of Italian Offer
Published November 27, 2012
MAKING ACCUSATIONS: In Hong Kong, John Carney noted Pannu has accused Paladini of running a media campaign so that he can "get it on the cheap." The Italian told the British press last week that "he wanted to get a deal done very soon because he didn't want the club to lose any players in the January transfer window." Pannu said he had had enough of Paladini's "antics." Pannu: "I have instructed the club to send out a statement on our website to categorically deny all this. We need to put a stop to this nonsense. He's just trying to get the club on the cheap. If people don't have the money, they should just shut up" (SOUTH CHINA MORNING POST, 11/25).
NEGOTIATING NEW OWNERS: ISPORTCONNECT noted the club "may have new owners soon" after its parent company confirmed it was "locked in negotiations with a potential buyer in Hong Kong." The news comes "as a further blow to the U.K. consortium led by" Paladini. The company said, "The negotiation with one of the parties in Hong Kong is at an advanced stage, although no conditional binding agreement had been entered into between the parties" (ISPORTCONNECT, 11/25).