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| Birmingham City shares suspended | |
| (10 minutes later) | |
| Birmingham City officials have asked for the football club's shares to be temporarily suspended "pending an announcement" later. | Birmingham City officials have asked for the football club's shares to be temporarily suspended "pending an announcement" later. |
| The move comes after the club's co-owner David Sullivan and managing director Karren Brady were arrested and questioned, before being bailed. | |
| The pair were questioned by police in connection with allegations of false accounting and conspiracy to defraud. | |
| The club previously said it was "fully committed" to working with police. | |
| The London Stock Exchange suspended the shares on Thursday morning. | |
| 'Longstanding appointment' | |
| City of London Police raided the club last month in what was said to be "an ongoing investigation into football corruption". | |
| Ms Brady, 39, and Mr Sullivan, 59, were questioned and bailed by the police force's economic crime unit. | |
| A statement released by Birmingham City FC on Wednesday said the pair had been interviewed by officers as part of a "longstanding appointment" and they had "happily done so". | |
| Seven other people are currently on bail as part of the investigation. | |
| Among those previously arrested during the investigation are Portsmouth manager Harry Redknapp, the club's chief executive Peter Storrie and former chairman Milan Mandaric. | |
| Former Portsmouth midfielder Amdy Faye, a Senegalese international, has also been questioned by police. |