Birmingham co-owner David Sullivan has admitted he and
chairman David Gold will dip into their own pockets to help keep
City in the Premiership.
Christophe Dugarry and Ferdinand Coly have already been brought
in and more funds will be made available to finance further
signings that Steve Bruce wants to make before the transfer
window closes on February 1.
The Blues have agreed an undisclosed fee with Tottenham for
midfielder Stephen Clemence and earlier had a £1.5million bid
for Ipswich for defender Jamie Clapham accepted. Sullivan said:
"We are millions of pounds overdrawn at the bank but we are
doing it out of necessity to try and survive in the
Premiership."
He added: "We are not flush - contrary to what many people think
- and we'll be even further worse off to ensure that we stay up.
"The bank won't let us have any more money so I'll put half in
and David Gold will have to put the other half in and fund the
wages until the summer in the hope of surviving.
"The club cannot afford it but we'll find the money. We've
already found £1.5million for Christophe Dugarry and Ferdinand
Coly and we'll find quite a bit more to give the team a chance
of survival.
"I've never known four or five centre-halfs to be out at one
time and even Liverpool and Arsenal would struggle to cope with
that.
"We know we have to bring in new players and we have bids out
for a dozen players. We are not going to take another 12 players
on. It's just a case of which bids are accepted first. We want
another three players, four maximum."
