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It has been announced today that there have been five bids for Birmingham City Football Club.

The announcement made today to the Hong Kong Stock Exchange states that the five bids in either Birmingham City or BIHL are being looked at by Ernst and Young, the club's receivers.

The statement says that the receivers are 'exploring all strategic options' in relation to the offers.

Part of the statement read as follows...

"Given that it is the intention of the Receivers to continue operating the Company as a company listed on the Stock Exchange, and accordingly to fulfil all relevant sufficiency of operations requirements under the Listing Rules, the Receivers are currently in the process of reviewing and analyzing the Indicative Non-binding Offers.

"As at the date of this announcement, no formal agreement in relation to the Indicative Non-binding Offers has been entered into and the Indicative Non-binding Offers may or may not proceed and/or lead to any transaction in relation to the disposal of any part of the Group’s interests.

"The Receivers will make additional announcement(s) as and when appropriate. Shareholders of the Company and potential investors are advised to exercise caution when making any decision related to dealing in the shares of the Company."

St Andrew's over the years...