The Blues co-owner has cited poor attendances and a willingness to buy a football club closer to his home in London as the main reasons for his desire in leaving the club after more than 14 years at St Andrew's. "Our gates are appalling and we are having a bad time," he has said. "Very few bosses of companies survive 14 years and sometimes people just want a change because they get fed up with you. "The travelling has been getting me down for some time and when people turn on you it is a bad day. "Our ground is like a morgue and even when we get 25,000 there is a lack of atmosphere and I don't know what we can do to turn it around. "The Golds, who also own 40 per cent, have said they do not want to sell, but publicly and privately might be two different things. "The reality is the travelling from near London tires them and then there's the feeling whatever you do for supporters isn't enough, which is hard when you have lost £10m in the club."
"I'll be involved with Birmingham until someone better comes along and if someone buys my 40 per cent then, under Stock Exchange rules, they then have to bid for all the shares.