Birmingham co-owner David Sullivan has criticised the City of London police after he was arrested in connection with the inquiry into alleged corruption in English football.

Birmingham boss Alex McLeish admits corruption probes have become “part of football life” after his club were engulfed in off-the-field controversy.

Shares in Birmingham City were suspended on the London Stock Exchange today amid a corruption investigation.

Birmingham insist they are “fully committed” to helping the City of London Police inquiry into alleged corruption in English football after managing director Karren Brady and David Sullivan were arrested yesterday.

Birmingham have confirmed that co-owner David Sullivan and the Gold brothers, chairman David and Ralph, have taken an increased shareholding in the club.

Hong Kong businessman Carson Yeung has clinched a deal to become Birmingham’s biggest shareholder.

Birmingham directors David and Ralph Gold, David Sullivan, Karren Brady and Roger Bannister have sold 29.9% of the club’s shares to Hong Kong businessman Carson Yeung.

Former England and Liverpool winger Steve McManaman has been appointed to the board of the company buying into Barclays Premier League newcomers Birmingham.

Birmingham have confirmed that “discussions are continuing” over a possible takeover after directors agreed to sell 29.9% of the club’s shares to Hong Kong businessman Carson Yeung.

Birmingham directors David and Ralph Gold, David Sullivan, Karren Brady and Roger Bannister have agreed to sell 29.9% of the club’s shares to Hong Kong businessman Carson Yeung.

Hong Kong businessman Carson Yeung is poised to buy a major stake in Birmingham - but will stop short of a complete takeover of the midlands club.

The Daily and Sunday Sport could be sold as part of a £60m (€89m) deal which would see the newspaper group listed on the UK stock market.

Tabloid newspapers the Daily and Sunday Sport could soon be listed on the UK stock market as part of the group’s proposed sale to a firm specialising in delivering adult content to mobile phones.

Hong Kong businessman Carson Yeung is expected to step up his bid to buy Birmingham during the next few days.

Indian billionaire Lakshmi Mittal is remaining tight-lipped regarding his emergence as a possible contender to buy Birmingham.

Chairman David Gold has dismissed claims from former Birmingham skipper Kenny Cunningham that he will walk out on the club following their relegation from the Premiership.

Birmingham co-owner David Sullivan was “hurt” by stinging criticism from outgoing captain Kenny Cunningham.

BIRMINGHAM co-owner David Sullivan has insisted he has no immediate plans to sell the club.

Birmingham co-owner David Sullivan has insisted he has no immediate plans to sell the club.

Birmingham co-owner David Sullivan has reiterated his support for manager Steve Bruce and insisted there would be “no knee-jerk reaction” over the club’s current precarious plight.

Sex toys and lingerie chain Ann Summers said today its home parties were setting pulses racing as it unveiled a 19% rise in profits.

MANCHESTER UNITED defender Gary Neville vowed to increase the pressure on Arsenal in the race for the Premiership title [[[[—]]]] and warned: "We're not going to go away easily."