Butland could leave

The highly rated 19-year-old keeper may have to be sold in order to keep the club afloat.

"I can't say that we are in a very wonderful situation, I would be lying if I said that," acting chairman 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. As at any club.

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

"I have rejected £6m from Southampton (in the summer) 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."