Birmingham are poised to announce this week that former Argentina striker Maxi Lopez and businessman Paul Richardson have agreed to take over.
The pair stayed patient in the wings while controversial ex-Watford chairman Laurence Bassini missed deadlines to buy the club. City’s Far East owners Birmingham Sports Holdings Limited have since commenced talks with Lopez and Richardson.
The pair have paid a £1.5million deposit and are set to do due diligence on the club’s books this week which the club are due to confirm. The move will end weeks of uncertainty around the Championship club after Blues’ largest individual shareholder Vong Pech confirmed he was selling his 21.64% stake.