Birmingham prepared to sell Butland if Paladini's takeover falls through
22:21 GMT, 14 November 2012
Jack Butland will be sold by Birmingham City in the New Year, unless Gianni Paladini's takeover of the club is successful.
The England international has yet to play half a-season for Lee Clark but with the cash reserves dwindling, the keeper will be sacrificed to ensure the St Andrew's club can continue to operate.
Butland has agreed a five-year deal last year and Birmingham rejected a 6m offer by Southampton for the teenager during the summer.
Heading out Jack Butland could be sold by Birmingham
Liverpool are also interested but Birmingham will be in a position to rebuff any interest should the second bid by Paladini's consortium be accepted by acting chairman Peter Pannu.
The offer, which is for an initial 20m backed by a further 10m, is being consideration in Hong Kong by owner Carson Yeung and Paladini's accountants are currently undertaking due dilligence.
Bid: Gianni Paladini
The former QPR chief executive said: 'We want to get a deal done very soon because we don't want to lose any players in January.
'I am hopeful that we can get something agreed within the next ten days.
'I still believe BIrmingham can reach the play-offs and our intention is to sign four or five players in the transfer window to strengthen.
'We have spent a lot of money trying to get this completed and currently we are looking through the books.
'Our intentions have never wavered. We want it done. And we are keen to get it sorted by the end of next week.'
He said: ‘That means delivering a stadium that preferably is multi- purpose, at the heart of the community, and able to host concerts and big set-piece events alongside world-class sport.’