Birmingham insist they are unable to comment on reports the club is set to be sold for £70million to a Far East-based businessman.
It has been claimed the Barclays Premiership newcomers will be under new ownership in less than three weeks.
Co-owner David Sullivan told the Birmingham Sunday Mercury: "Under stock exchange rules, we cannot comment on these things. The club may or may not comment in response to the story next week - if we do, it will be via the stock exchange."
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