Often Partisan

Peter Pannu Sacked as MD and CEO of BIHL

Peter Pannu was today sacked from his roles as Chief Executive Officer and Managing Director of Birmingham International Holdings. He remains as an Executive Director and will be up for re-election at the AGM on December 23.

The announcement made to the HKSE confirms that the board (save Pannu, Matthew Chan Shun Wah and Anthony Cheung Kwai Nang) thought it “inappropriate” that Pannu remain in those roles and that they would be terminated as of December 12. This confirms the 4-3 split between executive dirctors.

This is big news isn’t it?

It’s absolutely big news – dynamite in fact. Notwithstanding forcing Pannu out of two major executive positions, just a short time after he quit at BCFC, the announcement is effectively a very public kick in the rear end. There is no denial about his comments on this website; indeed, there is almost a inference that his lack of discretion has made his position untenable after news of his comments have been splashed all over the Hong Kong press over the last two weeks.

Pannu is still up for re-election and one can almost see the sub-plot taking place where a very public announcement is made a week before the election to remind shareholders of his indiscretions prior to the big day.

But he’s still a director?

Yes – and this why December 23 is going to be interesting. Carson still controls 28%+ of BIH and as such has a sizeable vote in the meeting. For me, Pannu’s re-election very much comes down to how much faith Carson has in the former policeman. I wouldn’t like to say which way the result is going to go because the truth is, I don’t think anyone knows including Carson – BIH’s largest shareholder isn’t known for sticking with a thought for very long at all.

Panos is up for re-election too?

He is – but that’s nothing more than procedure. As Panos was appointed director since the last AGM he has to have his appointment confirmed by the shareholders so he is up for election at this point – as are Li Hanguo and Liu Enxue.

So what next?

I think we have to wait for next week for the next installment. If Pannu isn’t re-elected, then his connection with BCFC is pretty much dead (although as only a director of BIH now he has lost a lot of sway regardless). If he is – then it will be interesting to see how he deals with his loss of power and of face. It’s worth remembering that Pannu retains connections with Birmingham City Ladies and the Community Trust here – and there will need to be some discussions about his continued involvement with both.

As I believe in the right to reply (and as he is only a director now), I think it only fair I give Mr Pannu the chance to put his comments forward. Unfortunately, as his bcfc.com email address no longer works I can’t contact him directly – but he is welcome to either email me – almajir@oftenpartisan.co.uk or leave a comment on this site which I will reproduce on here, in full, unedited and without comment for everyone to see.

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63 Responses to “Peter Pannu Sacked as MD and CEO of BIHL”

  • Peter Bates says:

    I don’t know but I would imagine anyone who voted for peter pannu at the agm would lose a lot of respect at bih but knowing this company as we all do I suppose there’s a surprise or two yet Daniel is there anything on them resuming trading

  • Rupert the bear says:

    Your a WINNER. You’ve done a hell of a lot to bring this about! Every Blues fan should give you a minutes round of applause at the Derby game Boxing Day. Thank you thank you thank you!!

  • GoodyBlueShoes says:

    Best news we have had for a long time regarding the business side of things. Let us hope this is part of a clearly defined strategy.

  • Mickey07 says:

    A fantastic day all round,his pride must be in bits….this is what happens when his greed got the better of him…

    Sacked!!!!fantastic…

  • eric says:

    I know I should know but who are the people you believe voted with Pannu – and their relationship to Carson, if any. Also Pannu’s relationship to the women’s team and the Trust?

  • GoodyBlueShoes says:

    I also wanted to comment that you Daniel have done and continue to do a great job. Many, many thanks.

  • Andy says:

    Good riddance.

  • Blue lizard says:

    Pie eater Pete….we know you can’t resist sticking your pudgy little nose on here to see what is being said about you….I should like to take this opportunity to say F**k off and good riddance to you I hope everything turns to mush in your greedy arrogant world……bye bye Porky(my opinion and nothing to do with OP)

  • Oldbluenose says:

    So there is a God above, and He dispenses justice, !!.

    Many thanks Daniel, for all that you have done, and still do, !!.

  • eric says:

    PS Thanks for your work and for keeping supporters informed at a critical time for Birmingham City FC

  • Art says:

    I thought his position would be untenable and good ridence to him -he’s a nasty piece of shite.

    Well done Dan.

    David slays Goliath !

  • martin says:

    Does this help with a takeover ? If not are we just back to a the same situation but without PP ??
    With carson potentialy out on bail soon, does this mena by indirect means he will have someone else do express his direction. Maybe his mrs ???

  • sioux says:

    well done – I think without your investigating, and informing, Mr P would still have been sitting pretty at the board table

  • Dino Tiltoni says:

    Well done Daniel. One down….

  • Blue Flamingo says:

    Great job Mayor, well done

  • Neil says:

    Excellent work you have been doing Dan .

  • Stevie W says:

    Nothing like watching your ammo hit the target great stuff Dan it is beginning to look a lot like Christmas.

  • Blooflame says:

    Dan.. I must congratulate you and your selfless diligence. You have always had the club’s interest at heart. The fact that you got right up his snot box was a by – product. No doubt after a drinking binge he let rip on here, he exposed himself as a gutter Director who thought he was untouchable and could say and do as he wanted. Well he is now nothing, he has his dough but he is nothing. Pannu…if you are in here as someone else…you are nothing…loser!

  • rhees says:

    I’m really confused by it all myself glad he’s gone but how does it benifit us in sale of club

  • Hullblue says:

    Are you going for a second book ? “The Empire strikes back ?” and movie rights may yet come when we return to the top tier !

  • walmleySteve says:

    Surely the most important question is simply this – does this development make it more or less likely that the club will be sold? For me this is all that matters. Pannu may be many things, but supposing he was the only one on the Board of BIH that was pursuing a sale with any urgency?

    • Hillfield Blues says:

      I agree,ultimately it’s the sale of the club that really matters.Good that he’s gone but his claim that he was the only one trying to actively sell the club was pretty much backed up by Jeremy Wray.

      • rhees says:

        I agree with the concern that pannu was most active in trying to sell club,
        This is a worry glad he’s gone but it is it really good news or bad ?

        • StevieW says:

          Smoke and mirrors, if he wanted to sell the club he would have done it long ago, he says to your face he is actively trying in the background he is just pulling his pay cheque each month laughing at us behind closed doors.

          • Blue lizard says:

            Fat Pete was only interested in selling the club now because he knew what was coming even someone as inept as him could see his time was up so a nice percentage would do on the way (and quite possibly a new position with new owners?)As said if he was serious he/they would have sold before….Quite ironic that in his rant he squeaks “we are here to stay”…guess what Pete..you are not!! you have been flushed away like Turds should be.

          • rhees says:

            Hoping your right Stevie I do tend to agree

    • chris says:

      Yes pannu may have been the one trying to sell the club but why?
      The indications were that he was on a fee if it was sold, but it wasn’t down to him on a sale that would be down to the shareholders.
      As yeung is a major shareholder i’m sure he would have voted against a sale and he would have influenced enough other shareholders to scupper any deal.
      The sale is down to yeung and his influence so for me any sale is years away unless the HKSE or the FA over here take it out of his hands which is remote.

  • Marky mark says:

    A lesson for everyone, whatever media format you communicate on these days be very careful as it can bring about untold problems

    Goodbye Pannu, you just couldn’t resist

  • Roy Smith says:

    I hope the presents I get on December 25th are as good as the one I got on15th.

  • Tony E says:

    Goodbye to a thoroughly unpleasant character, I rue the day you entered stans, let’s hope you never enter the U.K again. After recent revelations I doubt you’ll find it easy to acquire another position with anything like the same remuneration.

  • BhamCityJulian says:

    Lovely Christmas present.

    Has anyone a list of the managers sacked immediately at defeat at our hands. Seems a lot in recent years

  • BhamCityJulian says:

    Dan,

    I dont expect you to say whether BIH asked you to to see your prove that it was him in those rants but that evidence must have swayed them, so very well done and thank you.

  • Woodlands says:

    Like many I admire you Dan for sticking with the club despite everything that has been thrown at you and exposing terrible, horrible business practice by BIHL and PP in particular. However, well done to the Blues Trust for their e-petition, perhaps it also had a small part to play.

  • Dan H says:

    Pannu Committed Corporate Suicide by posting those comments on this blog. He may never recover in a professional capacity however he’s probably made enough from his time at BIHL and BCFC to retire in Macau tax free

  • Jazzzy786 says:

    Pannu sacked – We care not.

    Let’s hope Carson has had enough of him too and he doesn’t get re elected.

  • Agent McLeish says:

    If there is a collection being organised for Pannu then I have a fetid turd that I’d like to contribute.

    • AussieBlue says:

      Too extravagant for him Agent…you know what it’s like when someone gives you a card and nice pressie and you haven’t got anything for them? Consider PP’s feelings, please!

  • Tony says:

    Fetid Turd lol, just how do you propose transporting said item to HK Agent?

  • AussieBlue says:

    Brilliant news Dan but “Carson still controls 28%+ …” haha, ever the cautious diplomat mate!

  • Bluenosesol says:

    Remaining conundrum? – Pannu was the only one who attempted to sell the Club. Carson Yeung has stated that he wants to lead the club again and does not wish to sell. Pannu is Yeung’s eyes and hands in his absence. Why would Pannu wish to sell the club if his right hand man had no intention? Was Pannu simply playing to his audience?

  • RichardM says:

    So farewell Mr Pannu,
    Expensive suits and a rotund face
    Could never hide the fact
    You were a hopeess case,
    You boasted that your generous wage,
    Was consumate for a business sage,
    You bragged about eye-popping offers,
    But could only deliver peanuts in the coffers,
    I’d like to be able to write something nice,
    An epitaph free of vice,
    But when all is truly said and done,
    You really were a nasty C***

  • DoctorD says:

    Daniel — the fact that the announcement to the HKSE was signed by Ma Shui Cheong, who is Carson’s brother-in-law, surely means Carson is/was fed up with Pannu too? Or am I reading too much into things?

  • Neil says:

    Carson refused bail

  • Peter Bates says:

    If true more good news this week message to mr yeung please sell our club the club or fans don’t deserve this crap it’s gone on too long so if you do get this message please let the club go

  • chris says:

    Well done Daniel, you loaded the gun and the fool took it off you and shot himself, confirming his ego is bigger than his common sense.

  • Hopey says:

    i know we are all happy about this, but a word of caution, we are not out of the woods yet. He may yet get re-elected and if he is I cant imagine what the future holds. Also even if Pannu is no more, it doesn’t solve the problem. We still have a divided board, Carson is still as predictable as the weather, and a sale still seems a long way off. and while we continue as we are there really isn’t gonna be a massive investment….therefore GR keeping us in the league still has to be the ultimate aim until we are sold.

    Lets just hope he isn’t re-elected and that the board can find some cohesion of thought, and move towards getting this club sold for a fair price. Hopefully Mr Wray remains keen and is a patient man!

    Never the less, I echo everyone’s appreciation of your commitment Daniel.

    And I’m very much enjoying the improved on field performances under the legend that is Gary Rowett. Keep it up lads

    KRO

  • tommo53 says:

    Daniel i think you should go to Hong Kong on 23rd and stand yourself you have been exemplarary in your persuit of information and been a constant thorn in both PP and the boards side with only one agenda in mind and that is the future of our beloved club Birmingham City.
    You should be awarded a non executive member of any future board for all your endeavours.
    Have a great Christmas I believe the new year could be tumultuous for Gary Rowetts Blue army

    KRO

  • Stephen Wood says:

    Daniel, Carson has failed in his appeal. The fact is that he holds 28% shares . Is he still able to vote on who is elected to Pannau,s position on the 23rd of December ?


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