Birmingham chief admits he may be forced to sell Liverpool target

Birmingham chief Peter Pannu admits he may be forced to cash in on Jack Butland in the January transfer window.

The 19-year-old England goalkeeper is being chased by several teams, most notably Liverpool, and the Blues may have to sell in a bid to stave off the threat of administration.

The St Andrews club rejected a £6million bid from Southampton for Butland in the summer, but acting chairman Pannu confesses the cash-strapped club may not be able to turn down a realistic offer as they seek to ease their increasing financial struggles.

"I can't say that we are in a very wonderful situation, I would be lying if I said that," Pannu told the Birmingham Mail

"This is a very tricky question [player sales]. What I can say is that - and I might be blasted for this by the fans - but no-one is for sale and everyone is available. [It’s the same] as at any club.

"Give me a £15m offer for Jack Butland, can I say no?

"I have rejected £6m from Southampton but I rejected it when our finances were okay.

"As the time is ticking, I might not be able to reject it if I get something similar.

"I do have a responsibility to keep the club running.

"My top priority now - and if I do offend anyone, I care not - is to make sure this clubs stays afloat."