Often Partisan

News from HK: New investment in Blues imminent?

It’s been a bleak month for Birmingham City fans, and with that in mind I thought I’d publish this as soon as I found it. News has broken in Hong Kong that new investors are expected to pump money into Sing Pao and more importantly Birmingham International Holdings.

The article states that investors from “the mainland” (PR China) will be looking to put capital into BIH in a bid to help BCFC return to the Premiership. It may be clutching at straws, but it’s the first news I’ve seen from HK that actually confirms new investment at Blues may be happening. IF this happens, and I still think it’s a big if, it will no doubt help calm fans who are worried about the club sliding further into debt and possible administration.

I will update more on this story as and when it breaks.

Tags: , , ,

Article sponsored by Small Heath Alliance

25 Responses to “News from HK: New investment in Blues imminent?”

  • peter bowler says:

    Well that all made perfect sense!

    • almajir says:

      The problems with translation engines. The gist of the article is that PR China investors are pumping money into BIH and Sing Pao, and for instance the redundancies that have happened at Sing Pao are now likely to be reversed.

  • Dan says:

    Party time?

  • Bombay Blue says:

    This is potentially good news and I have said previously on Forums that the Chinese normally sort out their own problems to save face if nothing else. Until it happens the many “uneducated comments” promoted by some fans and the press will unfortunately prevail. Keep up the good work in hunting this information down, it is much appreciated. KRO

    • almajir says:

      Thanks.

      The other Chinese stereotype is that they don’t like confrontation. Something people wanting to take direct action should bear in mind.

      • Bombay Blue says:

        That is also quite true particularly when in direct contact. I still personally believe that the Chinese connection will come good for Blues although it will take time. I have worked with the Chinese since the early 90’s and they are definitely a law unto themselves. It was the norm to deal with HK agents or subsidiaries when selling product in particular, with large amounts of cash flowing into and out of HK bank accounts. Small amounts of commission would be retained by the HK agent. This was not money laundering and is / was quite legal. KRO

  • Andy says:

    What’s the HK Daily News like in terms of reliability?

    • almajir says:

      They’re not bad; not the biggest of newspapers but they don’t seem to be that salacious either.

  • Berkshire Blue says:

    Well done for breaking this in the UK – hopefully true but I’d urge caution until we see the benefits directly at BCFC.

  • BluePenguin 1976 says:

    Im praying it happens…Lets hope we get the money in before we sell off everyone including the kitman!!. No seriously,its positive news atleast(Even if its mere rumour at the minute). It’s unrealistic to expect this to happen right away I think , but hopefully it will happen and the money will be there in January and we can back Hughton and kick on!!

    KRO

  • viperblue says:

    fingers crossed it will turn out to be true but we are Birmingham
    expect the worst and usually not dissapointed
    Still think with our squad just as strong as others but with better manager
    If he gets money skys the limit

  • blue through and through says:

    i hope this is true.

  • bluebybirth says:

    I can only hope that this is true. We bluenoses have suffered enough for one summer. I must say almajir you always seem to get the most accurate information from a club that seems have taken a vow of silence in respect of making statements to the fans. Thankfully not all Blues fans have resorted to pointless protests that achieve nothing. Keep up the good work.

  • thongs says:

    Pannu said he’ll issue a statement when the time is right.

    I feel the time is near.

    Well done Mayor.

  • Chrisblue says:

    Fingers crossed this is true. We need some good news, It’s about time we had some.

    Well Done Mayor, and keep up the good work.

  • Singapore Brum says:

    The other Chinese trait is they work hard for what they have and they hate to lose money. I can’t see this happening so easily.

  • Grant says:

    Lets hope the article has some credence. Excellent work in tracking down these ‘obscure’ articles. Pity the mainstream press choose to ‘dis’ Blues instead of investigating facts.

  • leigh says:

    Believe it when I see it…….today figures can seem so good but in reality are not

  • Jay Sidney says:

    A good comment from Grant re need for great caution.

    Let me also say I disagreed with Almajir’s personal conclusions on another blog he posted (and said so) but very well done almajir for at least trying to bring to people’s attention some news you have picked up on in a measured way and without trying to build up any hopes.

    The mainstream press? Like the Murdoch/Brooks empire? A slew of sensationalist and morally bankrupt muck!

  • Jay Sidney says:

    I have read the article in question in the HK paper “Sing Pau”. Translation certainly not good (but that seems to be some sort of automatic internet translation and I stress no blame can be attached to almajir for that). Hopefully there will be some more info forthcoming from this and other sources where almajir can keep updating his blog. Keep up your website, almajir,and I hope the staff on the Chinese newspaper keep their jobs or else go on strike against CY.

  • P.J.Nicholls says:

    Amongst all the gloom & bad financial reporting I have seen no reference to the first parachute payment due in August-next week-16 million pounds.?????
    No reference to the 2 payments Blues do not have to pay to Cardiff for Johnson because of relegation.
    We already have the money paid for Gardner-6 million;Johnson-7 million & McLeish-2 million.
    That makes approx.31 million plus the drop in the wage bill for Hlebb;Bentley;Bowyer;Philips;Larsson;Ferguson plus his nominal fee of 1 million.
    How much more do the club have to find as the original shortfall was stated at £40 million.
    We must be near that sum by now.

    • almajir says:

      Couple of questions for you.

      How do you know the parachute payment is due next week? When I asked the Premier League press office about this, they confirmed they don’t release details of when the payment is made – or how many installments it’s made in over the year.

      Secondly, your figures are wrong re Johnson. There was only one payment we didn’t have to make due to relegation.

  • blueroy says:

    it will work out we only do things the hardway kro

  • liliy parrot says:

    Where is this investment then,seems to be taking its time

  • […] hour ago, this story appeared in the Hong Kong Daily News (the newspaper which I originally got the story of possible investment in Sing […]


Personalised Gifts for a Bluenose
Haircuts and League Cups
Open Tax Services
Corporate Solutions UK
PJ Planning
Rodal Heating

Archives