Brum boss sticks to his guns over Pennant

Last updated : 25 July 2006 By Adam Bryant
Liverpool's initial offer of £3.5m was rejected, partly on the grounds that Birmingham City would have to pay his former club Arsenal 25% as part of the contract.

"We had an offer from Liverpool which we rejected and, until they meet our valuation of Jermaine Pennant, they will get the same answer," said Bruce.

"There's only been one bid, of around £3.5million. We paid £3million for Jermaine plus we owe Arsenal 25% of any sell-on fee.

"We don't want to sell him for £3.5million, that's for sure. Now it's a question of how far Liverpool are prepared to go in meeting our valuation. If they don't then they will move on, I suppose."