"We'll then wait for EFL approval, which could take a couple, three weeks maybe, and then we go to completion. At the age of just 17, Lopez made his senior debut for the club in 2001 and would then go on to make 70 appearances for the club across all competitions, netting 16 goals in that time. A judge reprimanded him for those actions and awarded costs against him when the matter went to a business court in 2020. Is 35million still the price if they are in the third division a year from now? If you read your newspaper from back page to front, Lopez is a former footballer from Argentina who played for Barcelona, AC Milan and 12 other clubs you have probably heard of during a 20-year career that included 29 caps for his countrys under-20 side. Maybe, but it is more likely that either he or Southall will have to spell out that other side to these unfortunate episodes. That sounds very steep but even if that is the going rate for a public listing, someone needs to explain to the company it is currently paying millions of pounds every year just to keep it. And it is not as if they are getting any closer to the financial promised land of the Premier League. We will have full control., Bet365 Bet 10 Get 50 in Free Bets* CLAIM HERE, Open account offer. His first British venture is Maxco Capital, a property firm set up in London in January. It remains to be seen where that goes next. A tall, strong but slightly one-paced forward, la Gallina de Oro the Golden Hen scored more than 100 club goals, including one with his first touch for Barcelona in a Champions League knockout phase game against Chelsea at Camp Nou in February 2005. Richardson also stated to media this morning that he and Lopez are hoping to conclude a deal for the Midlands club within the next three weeks. Birmingham City supporters have "got their club back" after Paul Richardson confirmed he and Maxi Lopez have exchanged contracts over a takeover. Derby fans, like their new owner David Clowes, will tell you that 40million for a club who are now largely debt free, and have a better stadium than St Andrews in Pride Park and a Category One youth academy is the steal. Midweek matches are also available to NOW Month members. Alongside featured games being shown live on Sky Sports Football, selected games will be available live for Sky Sports customers on the Sky Sports Football Red Button. Obafemi Martins scored a dramatic late winner as Birmingham beat Arsenal in the Carling Cup Final pic.twitter.com/N0gouFMgRq, Sky Sports (@SkySports) February 27, 2021. Which should suggest to you that it did not go well. Police 'really concerned' for 40-year-old man missing from Selly Oak, Niven went missing yesterday and officers are asking for help to trace him, Police 'really worried' about missing Wolverhampton girl, 14, Inside the Midlands swingers club as viewers baffled by mundane detail in documentary, The Channel 4 documentary saw cameras allowed inside the club as it prepared for a huge Valentine's Day event. Charles Bronson becomes first to ask for public parole hearing after rule change. Birmingham City may not have taken home the Arthur Cup after Solihull Moors won on Tuesday, but the day wasn't about the glory. Southall, for reasons that remain unclear, ended up being Morton Houses front man in an attempt to sue Rochdales board and supporters trust. We asked BirminghamLive readers whether they would keep or sell seven players from the squad ahead of next season - and over 3,300 of you answered. Please note: We can only show rescheduled, displaced midweek games or games taking place away from Saturday at 3pm that are not part of a regular midweek round on the Red Button where respective clubs stream them on their iFollow app. However, they are not available with a NOW Day pass or in Sky pubs. The idea is to get the foundations in, get the youth back in the team there aresome really good youth players in here, as youve already seen andjust get those foundations in place. "It's our money. ''We paid our deposit on Monday and now we're in today to start our work to find out how the club works - our due diligence. Reports of infidelity led to Lopez refusing to shake Icardi's hand in a match between Sampdoria and Inter Milan in 2014, leading the press to dub the game the 'Wanda derby'. But credit to Birmingham Mail reporter Brian Dick for asking the right questions, enough times, to get Richardson to reveal that he and Lopez have agreed a deal to buy Oriental Rainbows 21.64 per cent of the club now, subject to EFL approval. The 2020-21 accounts list more than 90m in funding from BSH and Oriental Rainbow and predict another 40m will be needed to get the club through to next January. Richardson claims contracts have been exchanged and a deposit was put down on Monday. But if you read your newspaper the wrong way around, Lopez, now 38, is better known as the first and now former husband of Argentinian actress, model and football agent Wanda Nara. It was about honouring the memory of Arthur Lanbinjo-Hughes. Speaking to Sky Sports, Richardson - who describes himself as a "lifelong Birmingham fan" - said: "We exchanged contracts on Saturday after many months. Local businessman Paul Richardson says he and former Barcelona striker Maxi Lopez hope to complete a deal to buy Birmingham within the next three weeks. We will have to wait for EFL approval which may take two or three weeks, and then we go to completion.". Richardson and Lopez are only buying an initial 21.64% of the club immediately but the Brit insists that he will have full control at St Andrews and expects to become Blues chairman. The consortium were reportedly competing with former Watford owner Laurence Bassini to purchase the Blues from current owners Birmingham Sport Holdings (BSHL). Richardson was an executive at sportswear brand Gymshark and now owns fashion label Hera. BSH cannot just swap Birmingham for something else tomorrow, though. In total, Lopez ended up making 418 club appearances across his career, netting 110 goals as well as representing his country of Argentina over 30 times at youth level. It took Bassini only two phone calls to Talksport to convince some that he might not be the answer to their prayers. Bin strikes off during Commonwealth Games as workers accept 9 per cent pay rise, HGV drivers, refuse collectors and street cleaners employed by outsourcer Serco were due to begin strike action on July 28, Traffic chaos begins as drivers warned over busiest weekend ever - with roads to avoid announced. Returns exclude Bet Credits stake. When we spoke about this project before, we believe we can do big work with this city and for our fans.". Bassini disclosed a 30million bid to buy the St Andrews outfit and vowed to win the league with up to 100m of extra investment. The latest Birmingham City takeover news from BirminghamLive throughout the day as Paul Richardson and Maxi Lopez close in on a takeover of the club. No promises to win the league, no claims of fabulous wealth based upon retail space on Londons Oxford Street, no threats of violence to Simon Jordan Birmingham City takeover bombshells are not as explosive as they used to be. This club need more than a spruce-up this summer. (Top Photo: Andrew Kearns CameraSport via Getty Images), Lopez playing against Icardi in Serie A in 2016 (Photo: Claudio Villa Inter/FC Internazionale via Getty Images), Birmingham City fans protest against the clubs owners at their final game of last season (Photo: Lewis Storey/Getty Images), Lopez scores for Barcelona against Chelsea in 2005 (Photo: Adam Davy PA Images via Getty Images), there have been no great leaps forward since then, Very little is known about either of them, and neither has been seen much at St Andrews, Jude Bellingham-inspired player-trading profits, attempt to sue Rochdales board and supporters trust. The English Football League is now investigating the matter, as Wang has never taken its owners and directors test (OADT), but Birminghams barndoor has been flapping for years. If Richardson is right, the EFL goes through its OADT checklist, signs off the business plan and approves the deal. But it wasnt. It's our money. Prospective new Birmingham City owner joins forces with local businessman Paul Richardson. But Southalls involvement in this potential takeover will demand further explanation from Richardson and Lopez, and probably the EFL, too, because the experience at Charlton, where the investment group he was part of started fighting each other within weeks, was very bad. Paul Richardson has thrown his weight behind manager, A general view of Birmingham City's St Andrew's stadium, Matt Southall could become Birmingham City's new CEO, Maxi Lopez (pictured) is expected to become the new owner of Birmingham City, Maxi Lopez, pictured playing for Italian side Crotone in 2020, is part of a consortium looking to complete a takeover of Birmingham City, Paul Richardson (left) and Maxi Lopez (right) have been trying to buy Birmingham City, said that an announcement would be made on Tuesday. The duo have been granted exclusivity to complete a deal and former Watford owner Bassini is now out of the picture. I have been working for this for almost one year. Money will then change hands, Lopez and Richardson get the keys, the builders start work on the Kop and Tilton Road stands and Lopez announces the arrival of his great mate Lionel Messi. Delays to deals this complicated are usually fatal. What if someone in the group fails the OADT test or the EFL is unhappy with the business plan? I think it's a huge project with this team. This stems from that fact that Lopez's former wife Wanda Nara, who he was married to for five years and has three children with, went on to marry Icardi. As well as playing in high profile leagues such as Serie A and La Liga, Lopez is also well-known for his bust up with former teammate Mauro Icardi who now plays for Paris Saint-Germain. We are very clear and concise with it so no problem at all.. It would end weeks of speculation surrounding the club's future and end Bassini's plan to return to football. Richardson hasnt been quite as bold in his prediction, but wants to bring more youth players like Jude Bellingham into the first team, and ensure that Premier League-competing rivals Aston Villa arent the only big team in the city. The Athletic understands BSH has already negotiated a bonus payment if the club are promoted back to the Premier League within three years. Bet 10 & Get 50 in Free Bets for new customers at bet365. Red Button coverage gets under way five minutes before kick-off. The Londoner has missed a series of self-imposed deadlines to become Blues' new owner after claiming on national radio that a takeover was imminent last month. The takeover by Richardson and Lopez will end months of uncertainty at St Andrew's, and allow the club to refocus on matters on the field. Meanwhile, a report on Monday claimed Lopez and Richardson are set to do due diligence on the clubs books and that confirmation of the takeover could come this week. This means the group has agreed to pay about 35million for the entire club. The duo managed to beat Laurence Bassini to the purchase of the Midlands outfit, despite the British businessman joining talkSPORT to detail his attempts to take over the club earlier this month.
After slipping to six consecutive seasons of finishing 17th or below in England's second-flight under current chairman Wenqing Zhao, Birmingham fans will quite rightly welcome a new owner as they dream of a Premier League return. The Athletic understands Southall, a former youth player at Blackburn Rovers, believes he has been unfairly blamed for disputes between investors at Charlton that were beyond his control. Everyone else will tell them to measure their clubs in love. Richardson has been addressing the media at St. Andrew's this morning. Nathan Evans is a Data Editor at The Sporting News. All games, including those on the Red Button, will also have their own commentators. Alongside Blues fan and businessman Paul Richardson, Lopez is the head of a consortium now set to announce that they will acquire the Midlands-based football club after ex-Watford chairman Laurence Bassini missed his deadline of exclusivity to make a deal work earlier this week. How about love? "We haven't met him at this point. No, what Birmingham fans really want is more of what Maxi Lopez and Paul Richardson were promising in the car park at their ground, St Andrews, on Tuesday morning: an actual takeover, with fresh investment, new faces and a repaired stadium. Richardsons start in business was more rag and bone than rag trade, as he became the director of his familys skip-hire firm aged just 17. At international level he was capped by Argentina at U17 and U20 level but never progressed to the senior side. There is too much potential in this team. The HKSE is full of companies, like BSH, that have changed names and aims many times. How do you measure the value of a club? First, Richardson promises supporters that they 'will' be the new owners of Birmingham City within a few weeks.
The website of Maxco Capital - the company Lopez co-owns with businessman Christian Codoma - said that an announcement would be made on Tuesday. "I think it's a huge project. Thinking about the Premier League is too early at this stage, we have got ambition, butwe will put our feet on the ground first. One source, who asked to remain anonymous, said the situation was hopeless, with the club losing more than 500,000 a month, 8million needed to repair the stadium, a threadbare squad and not much else to come in terms of transfer instalments (although the club has great faith in Jude Bellinghams younger brother, Jobe). It's a project that's for sure, but for us it's going to be worth it, and for the fans. If you need a little catch-up on what was a hectic Tuesday, then you can read the latest headlines here. Such was his talent at a young age, European giants Barcelona came calling and in January 2005 Lopez made the move to Spain for 6.2 million (5.3m). Min deposit requirement. You can read all about it elsewhere online. It has been suggested to The Athletic that BSHs place on the HKSE could be worth as much as 100million. Not long. He said: It might take us a while. We paid our deposit on Monday and now we're in today to start our work to find out how the club works - our due diligence., Before continuing to say; "We'll then wait for EFL approval, which could take a couple, three weeks maybe, and then we go to completion., Lopez then added; "It's a happy day for us and all the Blues fans. The pair have waited in the wings while Laurence Bassini tried to complete his takeover. Ronaldo, Cucurella, Zinchenko latest, Papers: Ten Hag blocks sale of Martial and Van de Beek, Forest sign Lingard on one-year deal | West Ham didn't want bidding war, Carra: Man Utd must be in Champions League | De Jong would be 'top class', Pep putting faith in Cucurella to solve problem position, Hamilton holds milestone victory hope as Merc reveal new upgrade, Man Utd transfer rumours: Ronaldo eyeing Atletico move, PL pre-season 2022/23: Friendly dates and fixtures. The faster this happens, and the more visibility there is surrounding it, the better.". It comes as the heatwave - which hit 40C - was ended by thunderstorms. Born in Buenos Aires in Argentina, like many other footballers from the same area, Lopez came through the ranks of decorated club River Plate in his early career. They won that leagues championship that year, a feat they have repeated three times since, but they have not won a top-tier title or FA Cup yet. Blues have signed four players so far this summer; three have arrived on loan, while one is a free transfer. Initially its a part ownershipand then we move forward over the next two and a half years to obtain the rest, but hopefully the official statement from the club will come soon, explained Richardson. Richardson played a key role in that expansion and made 80million on shares when the Americans arrived. I was working for this for almost one year. That was their second year under full Chinese ownership and there have been no great leaps forward since then.
He thinks that could take two to three weeks. He failed to find the net for the Spanish giants and was sent on loan to Real Mallorca before joining now-defunct Russian club FC Moscow. Former Crystal Palace owner Simon Jordan has responded to the latest Birmingham City developments, as Maxi Lopes and Paul Richardson close in on a takeover following Laurence Bassini's failure to complete a deal with Birmingham Sports Holdings Ltd. Lifelong Blues fan Richardson has confirmed that contracts have been exchanged for him and ex-Barcelona striker Lopez to become the new owners of the football club. He must be, as the various Chinese owners of the club are at least 100million down on their investment. Richardson confirms contracts have been exchanged. The company grew into a multi-million-pound waste-management firm, which he ran until 2000. "We know exactly what we've got to do. This, presumably, is how Codoma and Lopez met Richardson, who co-owns Maxco Capital, because the 63-year-old Englishman is a big deal in online fashion himself. But viewers were taken aback by a rather mundane detail, Homes evacuated as residents told to keep windows shut in Oldbury gas alert - updates, Emergency services are currently dealing with a ruptured gas main off Dudley Road in Oldbury, Police close off major Birmingham road amid 'incident', Armed police and paramedics are currently dealing with an incident on Longbridge Lane, M6, M5 and A38 travel warning as fuel protestors target major UK routes amid summer holiday getaway, Disruption is expected on some of the country's busiest roads, What Konsa shouted at Buendia, Coutinho training tell and Aston Villa moments missed, Latest Aston Villa news and views via BirminghamLive brings you Ashley Preece's notebook from Australia as we look ahead to Manchester United in Perth on Saturday, Broke university student 'ate dog food to save cash but now has it for every meal', He first tried the pet food as a dare but resorted to eating it regularly after he ran out of money, Exact date hot weather returns announced by Met Office after heatwave ended by thunderstorms. And this was after he had been involved in failed attempts to buy Aston Villa and Bolton Wanderers, the latter with Bassini of all people. There is too much potential in this team.. It's not known when that period is set to end, though Richardson has confirmed that the pair have already exchanged contracts over the proposed takeover. This story is approaching 3,000 words already and hopefully, there is enough here for you to digest. It cited various methods and quoted several experts. It now appears there is a British buyer after all well, a British-Argentinian buyer and they want the whole club. Lopez also made a healthy salary as a player due to his big moves and contracts and has a social media following of over two million subscribers. It's unlikely any money will be spent on transfers until the takeover gets over the line. The midfielder joined the club back in August 2020. How about love? Their most recent set of accounts, which deal with the 2020-21 season, show Birmingham lost almost 5million. One of its two directors is Christian Codoma, a London-based Argentinian who has previously been involved in online fashion. They have, however, claimed two League Cups and spent 57 seasons in English footballs top division. 'Children armed with knives' on same street mass brawl broke out in Wolverhampton, Cops were forced to use riot shields when violence erupted in Ruskin Road, Met Office issues update on next heatwave as exact dates announced. ''When we spoke about this project with Paul, we believed we could do big work in the city, for our fans and for the team," Lopez concluded. Lifelong Birmingham City fan Paul Richardson says he wants to give the fans something to be proud of following his takeover of the Championship club.