Birmingham City ‘in talks’ with former Microsoft executive Jeremy Dale over investment deal

Birmingham City are reportedly in talks with a group led by the former Motorola and Microsoft executive Jeremy Dale over investment into the club.

That’s according to The Athletic, which has claimed that City are in talks with a group led by Dale.

The club revealed on Thursday, 26 January, that they have been in talks with an unnamed shareholder and a third party.

The update came around seven weeks after it was made public that Blues would not be taken over by Maxco pair Paul Richardson and Maxi Lopez.

The statement reads: “The Club can confirm that talks have been initiated between a shareholder and a third party over a proposed investment deal for both St. Andrew’s Stadium and a shareholding in the Club.”

Blues added that due diligence is currently underway by the prospective investor. The club has urged supporters to keep informed using its official website, BCFC.com, and the club’s social media channels.

It is the first bit of promising news shared since the disastrous December update which saw Richardson and Lopez pull out of a deal. The Maxco duo had been holding continuous talks with current owners Birmingham Sports Holdings throughout the autumn and start of the winter last year.

Fans have grown increasingly frustrated by the uncertainty surrounding Birmingham’s future with protests becoming regular during matches at St Andrew’s. Just last weekend, with around 15 minutes to go in the 2-1 defeat to Preston North End, two spectators made their way onto the field of play, confronting John Ruddy.