So we have Pompey and Hull and next up i beleive are Birmingham City, one of the worst set of books in the Premeir League and a finacial situation that is unsustainable despite the fanfare of Yeungs takeover, they have changed their tune in terms of investment from wanting to spend 40 mill in the Jan transfer window and the sounds coming out of St Andrews are not good:
Michael Dunford has quit his position as chief executive of Premier League club Birmingham City.
Dunford joined the club in October last year following the takeover by Hong Kong businessman Carson Yeung.
After discussions with other members of the board, he has handed in his resignation, ending an eight-month relationship with the Midlands club.
Dunford, who has also worked at Derby, Everton
and Plymouth, will leave the club with immediate effect.
A club statement read: "Birmingham City can confirm that, after formal discussions with Michael Dunford, the chief executive officer, we have accepted his resignation.
"We wish him well for the future and thank him for the time spent at the football club."
The news follows revelations last week that a court order had been issued demanding that Yeung's company, Birmingham International Holdings, pay £2.2million to investment bank Seymour Pierce for their role in the takeover negotiations.
Birmingham boss Alex McLeish admitted he was surprised by Dunford's early departure from the role.
He said: "I know as much as you know, that Michael has left the club. That's all I know.
"He has not been in the job that long and, if you bring a chief executive and he goes that early, yes, it is a little bit unusual.
"It's not my business. I'm more concerned with the Villa game at the weekend.
"I worked closely with him but there are good lines of communication with everyone at this club."
And Alex McCleish:
Alex McLeish insists he "can't keep pulling rabbits out of the hat" as he prepares to boost the quality of his squad in the summer.
The Birmingham boss spent around £10 million last summer as he recruited the likes of Roger Johnson, Scott Dann, Barry Ferguson
and Lee Bowyer
who have helped keep the side in the top flight this season.
Although he is confident of receiving the backing of the board in the next transfer window, McLeish
admitted the funds available in the close season will be similar to 12 months ago.
This is despite new club owner Carson Yeung promising to spend lavish amounts on McLeish's squad when he arrived last October, including "£20-40million" during the January transfer window.
McLeish said: "What we've already done is terrific. We are well down the pecking order in terms of facilities, money, infrastructure, and it is an incredible achievement already.
"Will there be more than £10million to spend this summer? It won't be much more than that."
Michael Dunford has quit his position as chief executive of Premier League club Birmingham City.
Dunford joined the club in October last year following the takeover by Hong Kong businessman Carson Yeung.
After discussions with other members of the board, he has handed in his resignation, ending an eight-month relationship with the Midlands club.
Dunford, who has also worked at Derby, Everton
A club statement read: "Birmingham City can confirm that, after formal discussions with Michael Dunford, the chief executive officer, we have accepted his resignation.
"We wish him well for the future and thank him for the time spent at the football club."
The news follows revelations last week that a court order had been issued demanding that Yeung's company, Birmingham International Holdings, pay £2.2million to investment bank Seymour Pierce for their role in the takeover negotiations.
Birmingham boss Alex McLeish admitted he was surprised by Dunford's early departure from the role.
He said: "I know as much as you know, that Michael has left the club. That's all I know.
"He has not been in the job that long and, if you bring a chief executive and he goes that early, yes, it is a little bit unusual.
"It's not my business. I'm more concerned with the Villa game at the weekend.
"I worked closely with him but there are good lines of communication with everyone at this club."
And Alex McCleish:
Alex McLeish insists he "can't keep pulling rabbits out of the hat" as he prepares to boost the quality of his squad in the summer.
The Birmingham boss spent around £10 million last summer as he recruited the likes of Roger Johnson, Scott Dann, Barry Ferguson
Although he is confident of receiving the backing of the board in the next transfer window, McLeish
This is despite new club owner Carson Yeung promising to spend lavish amounts on McLeish's squad when he arrived last October, including "£20-40million" during the January transfer window.
McLeish said: "What we've already done is terrific. We are well down the pecking order in terms of facilities, money, infrastructure, and it is an incredible achievement already.
"Will there be more than £10million to spend this summer? It won't be much more than that."
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