Birmingham chairman David Gold has defended the sale of winger Jermaine Pennant to Liverpool - and pledged the £7million transfer fee would be used to bring in new players.

Fans have registered their disappointment at the departure of Pennant who was one of City´s few success stories as they were relegated from The Premiership. But Gold insists Blues had little choice over allowing Pennant to move to Anfield once Liverpool had met their asking price.

Gold told PA Sport: "People have to be realistic. How did they expect us to keep hold of Jermaine Pennant. Did they want us to chain him to the fence? It can´t be done. Be realistic. Once Liverpool came up with the package they did, and it was the chance for Jermaine to join one of the greatest clubs in the world, you can´t say no."

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#Jermaine Pennant
#Football
#Championship
#Premier League
#Birmingham
#Liverpool