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Yesterday afternoon Birmingham International Holdings announced that it had agreed a memorandum of understanding to sell a 12% stake in BCFC to a Beijing-based advertising firm. The deal, which will cost Beijing Liangzhu International Media approx £3.5M values the club at a shade under £30M.

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Posted in Birmingham City, News, Talking Points | 108 Comments »

BIH Sells 12 per cent Stake in BCFC to Chinese Advertising Firm

Birmingham International Holdings have confirmed to the Hong Kong Stock Exchange in the last hour that they have entered into a binding MOU with a Chinese advertising firm to sell 12% of its shareholding in Birmingham City for HK$45M.

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Posted in Birmingham City, Finances in Football, News | 96 Comments »

EGM News

A number of statements have been issued to the press and the fans by Peter Pannu in the wake of the Extraordinary General Meeting held by Birmingham International Holdings today.

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Posted in Birmingham City, Finances in Football | 138 Comments »

Carson Yeung: Outcome of the Trial Will Not Affect Running of BIH

Carson Yeung has told assembled shareholders of Birmingham International Holdings that the outcome of his trial on five counts of money laundering will have no effect on the operations of the company at the company’s AGM in Hong Kong today.

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Posted in Birmingham City, Finances in Football, International Football | No Comments »

Putting Your Money Where Your Mouth Is

Friday sees the end of what has been a pivotal week for Birmingham International Holdings – and by extension Birmingham City Football Club. With the announcement on Tuesday of new avenues of funding that to aid liquidity and cashflow for the next couple of years coupled with the eradication of the problematic loan from Carson Yeung to BCFC, it could be seen that things are rosier for Blues. Yet people are unhappy.

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Posted in Birmingham City, Finances in Football | 118 Comments »

The Never Ending Story

Tom Ross has announced that Gianni Paladini will be on his show this evening on Free Radio 80s at 6pm to talk to Blues and to “put the record straight about his attempts to buy the club”.

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Posted in Birmingham City, Finances in Football | No Comments »

The Great Leap Forward

It’s been a week now since Peter Pannu returned from these shores to the far east and in that week the sum total of official word on a potential takeover remains at absolutely zilch despite the rumours flying around – in the newspapers as well as social media.

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Posted in Birmingham City, General Ramblings | 71 Comments »

The Carson Trial: Carson To Take The Stand?

Yesterday the Birmingham Mail carried this piece confirming that Carson Yeung has applied to the courts to reopen his defence case to allow him to take the stand and give evidence in his trial on money laundering. This is an important development for the trial, and as such I wanted to explore a bit more […]

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Posted in Birmingham City, Carsongate | No Comments »

BIH Announce Accounts Delay

Birmingham International Holdings have announced that the accounts for the year ending June 2013 are to be delayed by a month until 31 October 2013.

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Posted in Birmingham City, Finances in Football | 37 Comments »

Postcards From HK: Shenzhen Stories

As part of the research efforts for my book, I crossed the border into the People’s Republic of China to go to Shenzhen to look into Carson’s past and to meet people who had known for him a long time.

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Posted in Birmingham City, General Ramblings | 47 Comments »

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