Blues will look to sell more players

Birmingham's acting chairman Peter Pannu has confirmed Blues will have to offload players on Premier League wages – but dismissed fears of a cash crisis.

Blues have been the subject of reports claiming they could face the prospect of going into administration.

Pannu himself claimed on Tuesday that "unpopular decisions" will have to be made when he returns from the Far East in the middle of next week and talks with leading shareholder Carson Yeung.

But it became clear this related to the offloading of some of last season's players rather than any imminent fears of the club facing financial meltdown.

Now the acting chairman has acted to calm fears of supporters over the club's financial position, with Yeung's assets frozen in Hong Kong after he was charged with money laundering.

Pannu said: "I wish to make it clear that, while the benefactor's legal wrangles do pose some problems, we have sufficient contingency plans to cater for the temporary difficulties thrown at us.

"Our bankershave been very supportive and we currently still stand in a positive credit balance with them."

Blues have already sold Roger Johnson, Craig Gardner and Barry Ferguson from last season's first team, while a host of players out of contract and loan signings have also departed.

Goalkeeper Ben Foster is also poised to join Albion on loan, with a view to a permanent signing.