Birmingham City may have to sell England international goalkeeper Jack Butland at a cut price fee in the January transfer window to keep the club afloat. The Blues value Butland at £10m and rejected a £6m offer from Southampton in the summer, but may now have to accept less than £6m. The club’s finances have been described as ‘chronic’.
At least five Premiership clubs have scouted Butland this season including Manchester City, Arsenal and Tottenham Hotspur. Another possible target in a fire sale is Nathan Redmond, the England U19 international winger.
Birmingham City may have to sell England international goalkeeper Jack Butland at a cut price fee in the January transfer window to keep the club afloat. The Blues value Butland at £10m and rejected a £6m offer from Southampton in the summer, but may now have to accept less than £6m. The club’s finances have been described as ‘chronic’.
At least five Premiership clubs have scouted Butland this season including Manchester City, Arsenal and Tottenham Hotspur. Another possible target in a fire sale is Nathan Redmond, the England U19 international winger.
Acting chairman Peter Pannu said that he rejected the Southampton offer for Butland ‘when our finances were ok. If I allow this club to go into administration, I will never be able to step foot in the city.’
Gianni Paladini’s proposed £30m takeover has not advanced, despite talks with Pannu two weeks ago, and negotiations with two consortiums in Hong Kong have also failed to progress. The trial of majority shareholder Carson Yeung on money laundering charges has been postponed until the spring, but his assets have been frozen.