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Birmingham welcome aboard Chinese investors

A Chinese advertising firm has agreed to buy a 12% stake at Championship side Birmingham City, reports BBC Sport. Beijing Liangzhu International Media has struck a deal to pay £3.5m for the shares in Birmingham City PLC.

In return, it will appoint two directors to the board at St Andrew's.

The club say that the deal will bring in vital money and give them a foothold in the important Chinese market.

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