Birmingham City FC's parent company Birmingham International Holdings Limited has today announced a halt in trading in its shares.

A statement released to the Hong Kong Stock Exchange and signed by director Peter Pannu said trading had been suspended with effect from 10.21am on December 4 "pending the release of a clarification announcement of the company".

The suspension follows swiftly on from the news this week that former Swindon Town chairman Jeremy Wray had submitted a formal offer for the club.

This is despite it sending out a "hands off" warning to potential suitors.

It is the latest twist in a long line of announcements by the troubled club which has come under fire for posting losses and racking up consultancy fees of £2 million with Mr Pannu.