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Yeung has money for McLeish

Yeung has money for McLeish

Prospective Birmingham City owner Carson Yeung has promised to make money available to manager Alex McLeish when the takeover of the club has been made.

Yeung's investment company Grandtop International Holdings recently announced that it is to make an 'all-cash offer', said to be £81.5million, for Birmingham.

Grandtop International Holdings, which already holds a 29.9 per cent stake, failed with a takeover bid of the St Andrews club in 2007.

But Yeung is confident of reaching a deal this year, and will be making £5 million available to the manager to bolster his side.

'The club was relegated (in the 2007/08 season). I bought it this year because it bounced back. It's as simple as that,' Yeung said at a press conference in Hong Kong.

'We will strengthen the team first. We will find capable players.

'When all the arrangements are in place,
when strong players arrive, our results will improve.'



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Writer:Foxxy
Date:Monday August 24 2009
Time: 6:33PM

Comments

0
Can't buy much with £4-5million though can you? An admirable gesture to be sure, but this guy is no sugar daddy.
fifthcolumnblue
25/08/2009 01:41:00
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