Apparently their new owner hasn't paid fees to the investment bank that helped secure the purchase of Birmingham, and if the court sides in their favour they would be granted the shares in the club to do with as they wished, which in this case would be a sale.
http://news.bbc.co.uk/sport1/hi/football/teams/b/birmingham_city/8622657.stm
What a balls up. A far cry from the situation at Christmas when Brum fans rubbed their hands in glee at the apparent riches thrust upon them.
http://news.bbc.co.uk/sport1/hi/football/teams/b/birmingham_city/8622657.stm
What a balls up. A far cry from the situation at Christmas when Brum fans rubbed their hands in glee at the apparent riches thrust upon them.