Birmingham pay £2.2m to settle Seymour Pierce dispute but say they'll appeal
27 April 2010
Birmingham City have announced they have paid a disputed £2.2m debt to Seymour Pierce in full, but are also appealing a High Court decision that forced them to pay the money, which they have claimed they don't owe.
"As previously announced, Birmingham International Holdings Limited is appealing the decision," the statement says. "Queen Counsel's advice had been sought and grounds of appeal had been filed. Birmingham International Holdings Limited will seek to have the interim charging order taken out by Seymour Pierce discharged immediately. It is stressed that Birmingham International Holdings Limited has not and will not lose control of Birmingham City Football Club as a result of this litigation."
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