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With the 60k stadium and 500 million to be spent on the club and players, this will spell the end of Villa as a force in Midland soccer. Rnady cannot compete with this.
Steel magnate Mittal, who is based in London and believed to be the world's fifth-richest man, has a personal fortune of approximately £19.25bn. And it is reported that he has bid the Blues for a £70m buy-out of the Midlands club.
A friend close to Mittal, who for the last three consecutive years has been the richest person in the United Kingdom, claimed the Rajasthan-born tycoon wants to make Birmingham into Chelsea, Manchester United, Liverpool.
It is also reported that Mittal plans to pump in £500 million into Birmingham, who are managed by Steve Bruce.