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Daily Mirror
Daily Mirror
Sport
James Nursey

Birmingham City's prospective new owners reveal blueprint as they await EFL approval

Paul Richardson Maxi Lopez EFL Birmingham City Birmingham Laurence Bassini FC Barcelona St. Andrews Brum

Former Barcelona striker Maxi Lopez inspected Birmingham City's pitch on Tuesday after he and his business partner agreed a deal to takeover Championship Blues.

Lopez has teamed up with Brum fan and businessman Paul Richardson, who first tried to buy the club a decade ago. Now Richardson, a Gymshark shareholder and ex-chairman, has succeeded after paying a £1.5million deposit and applying for official EFL approval.

The pair’s legal and accountancy advisors are undertaking due diligence on the books at St Andrews after exchanging contracts with Birmingham Sports Holdings Limited. They met Brum chairman Wenqing Zhao at St Andrews on Tuesday after agreeing to buyout City’s largest individual shareholder Vong Pech, who has a 21.64% stake.

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