Birmingham City's new board have thanked David Sullivan after his open letter and apology last week.
Sullivan apologised to Brum owner Carsen Yeung for criticising the Hong Kong tycoon and branding him "a hairdresser" in the wake of his £80million takeover.
A City statement said: "The club has noted David Sullivan apologising for statements previously made regarding our President Carson Yeung.
"The club praises Mr Sullivan for his courage to apologise for his off-the-cuff rude remarks about the Yeung camp.
"The club stresses that any action currently taken by it against former management is purely a corporate affair in the interests of the club and is nothing personal nor should they be construed as such.
"The club has responded to David Sullivan by agreeing to meet him and his legal representatives in Birmingham to discuss the issues and the resolutions which the club believes would be in the interest of all concerned.
"Ever since Grandtop International Holdings Limited acquired an interest in the club in 2007 until now, no ill mannered or demeaning statements have been made by the Yeung camp against David Sullivan et al and this situation has and will not change.
"The main aim of Carson Yeung is to devote his time and energy towards helping the club to retain its Premier League status and to be competitive in that league.
"David Sullivan has heaped praises on the Yeung camp on the recent success of the club.
"The Yeung regime wish to state that praise for the recent success of the club belongs to the players, Alex McLeish and his staff and all the fans."