No one is going to offer Birmingham £4m knowing the financial shite they are in. £2.5 would get him, I would have thought. Surely we would be better of going for a loan, then spending that sort of cash, unless it was Virgil, whom I think is more of an investment, so money well spent. Don't think you would see a return for your cash on Davies in the long term.
£4million! He isn't worth half and considering his wages, the club taking him on is doing them a MASSIVE favour. They are being ridiculous and hopefully they get lumbered with him.