Pennant staying put as Liverpool prepare to increase offer
Manager Rafael Benitez has already had a £3.5 million (€5.1m) bid rejected for the former Arsenal trainee earlier this summer but the Reds are reportedly ready to further test Birmingham’s resolve with an improved bid.
Having boosted the coffers by selling Emile Heskey to Wigan for £5.5m, Steve Bruce’s side, relegated to the Coca-Cola Championship last season, are not under pressure to sell.
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