No free transfer for Zigic
Birmingham City say that Nikola Zigic will not be allowed to join Real Mallorca on a free transfer.
The Spanish side are keen to bring Zigic back to Spain and have been involved in discussions over a deal for several weeks.
Zigic is currently paid £50,000 a week and La Liga side hoped that the Blues would be prepared to sell the striker for nothing in order to trim the wage bill.
Mallorca are thought to be unable to match such a wage and Zigic's representatives are believed to be looking for a substantial pay-off to cover any shortfall in the proposed deal.
However, acting Birmingham chairman Peter Pannu has refused to sanction such a deal, as he believes it could plunge the Championship club into further finanacial problems.
Mallorca's director of football Llorenzo Serra Ferrer has not given up hope of bringing Zigic back to Spain, where he spent spells at Valencia and Racing Santander, but claims the club will not "wait forever" for a deal to be struck.
"Zigic is deciding whether to come. All that remains is to resolve the economic situation between him and Birmingham City and we have set a time limit for that to happen," he said.
It is thought that Zigic is settled in Birmingham and is happy to stay at the club, and unless Mallorca cough up the cash to cover the remainder of his wages, any move away from St Andrews looks unlikely.
By Tom Coleman - Follow me on Twitter @tomecoleman
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