The board at Birmingham FC have denied claims that all their players were up for sale and have said 'the situation was not as bleak as some thought.'
The board says the sale and loan back of goalkeeper Jack Butland and the loan of striker Wes Thomas shows their financial position is not too serious.
A Hong Kong judge has granted Birmingham City owner Carson Yeung's request to postpone his trial on money laundering charges. It was due to start today.
Yeung's newly appointed lawyer, Jospeh Tsa, asked that the trial be adjourned until April 29th next year on the grounds that more time was needed to prepare their case.
District Court Judge Douglas Yau granted the request earlier this morning.
Yeung is facing five counts of money laundering, involving more than 720 million Hong Kong dollars ($92million) and depositing money into bank accounts from January 2001 to December 2007.
The football club owner was arrested and charged in June 2011.
A Hong Kong judge has granted Carson Yeung's request to postpone the start of his trial on money laundering charges. He was arrested in June last year and denies the charges.
A Hong Kong court has postponed the trial of Birmingham City president and single largest shareholder Carson Yeung. He was due to go on trial on suspicion of money laundering after being arrested in June last year. Yeung denies the charges. More to follow.
The parent company of Birmingham City has said it's in talks with two different parties about possibly selling the club.
They said in a statement it said: "The company has been approached by two prospective buyers to explore the possibility of buying Birmingham City FC."
The two unnamed parties have entered into confidentiality agreements with the club.
Birmingham have agreed terms with Papa Bouba Diop on a short-term contract subject to a successful visa application.
The former Senegalese international has passed a medical and will sign a one month contract in France this week subject to a clearance.
West Bromwich Albion's right back, James Hurst, has signed a one month loan deal with Birmingham City FC.
His first game with the team will be the npower Championship fixture at Cardiff City.
Sutton Coldfield-born Hurst came through the ranks at the Baggies before joining Portsmouth in 2008. After a loan spell with Icelandic outfit IBV, Hurst left Pompey to rejoin West Brom in the summer of 2010.
Hurst has been given first-team squad number 31.