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07-16-2007, 01:23 PM
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| Porn Posting Machine
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| Yeung takes stake in Birmingham Credit: BBC Sport  Hong Kong businessman Carson Yeung has become Birmingham's largest single shareholder after buying 29.9% of shares from the club's directors. David and Ralph Gold, David Sullivan, Karren Brady and Roger Bannister have all sold some of their shares to Yeung. The deal is worth nearly £15m and could still lead to a potential £50m takeover of the club by the 47-year-old. If Yeung increased his holding to 30% then it would allow him to trigger a bid to assume full control. Yeung had paid a non-refundable deposit of £1.09m on 27 June in anticipation of the deal. The Gold brothers and David Sullivan each sold 14.81% of the club's shares to Yeung. ---- Yet another Premiership club becomes under Foreign ownership.  | |||||||||||||||
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07-16-2007, 01:25 PM
| #2 (permalink) | |||||||||||||||
| Trent Barrett ftW!
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| Re: Yeung takes stake in Birmingham Not onwer, he just took a stake which means he owns shit yet. | |||||||||||||||
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07-16-2007, 01:32 PM
| #3 (permalink) | |||||||||||||||
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| Re: Yeung takes stake in Birmingham Oops, another foreign person who holds a good percentage of shares in a Premiership club. | |||||||||||||||
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07-16-2007, 01:43 PM
| #4 (permalink) | |||||||||||||||
| Trent Barrett ftW!
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| Re: Yeung takes stake in Birmingham Yeah he probably will buy more stake as time goes on but as of now he only has like under a third. | |||||||||||||||
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07-17-2007, 03:33 PM
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| Re: Yeung takes stake in Birmingham When he purchases over thirty percent, which isn't that far away, he will have the option to purchase even more shares and may invokve a takeover of the entire club. | |||||||||||||||
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07-17-2007, 03:53 PM
| #6 (permalink) | |||||||||||||||
| Trent Barrett ftW!
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| Re: Yeung takes stake in Birmingham Well it's obvious that he is going to try and take over, he will just bide his time buying them. | |||||||||||||||
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