Birmingham City - Yeung Puts In The Bid
UK time is: 02:07:47
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Yeung Puts In The Bid

Carson Yeung has formally lodged his takeover bid for Birmingham City Football Club.

Hong Kong businessman Yeung is offering 1 a share and hopes to have a deal completed by the end of October.

At the moment Yeung owns almost 30% of the club, but David Sullivan and the Gold Brothers have said that they would sell their 50% stake in the club.

If he reaches a 90% stake that will then trigger the compulsory purchase of the remaining shares, but even without that Yeung would still own the club.

The first closing date of the offer is October 6, after which time Grandtop International Holdings - Yeung's company - will assess their level of ownership.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



*Try Vital Mobile FOR FREE for the latest news, scores, fixtures and so much more*

Click here to join in the debate on the club forum.

The Journalist

Writer: Foxxy Mail feedback, articles or suggestions

Date:Wednesday September 16 2009

Time: 12:01PM

Your Comments (oldest first)

Change to most recent first
Looks like the beginning of the end is nigh
Dark_Blue
Report Abuse
16/09/2009 15:33:00

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Birmingham City Articles

Archived Birmingham City Articles

List All Vital Birmingham Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

League Table (view table)

Team P W D L GD Pts
7. Wolves 46 22 12 12 14 78
8. Derby County 46 21 14 11 29 77
9. Blackburn 46 17 16 13 7 67
10. Birmingham 46 16 15 15 -10 63
11. Cardiff 46 16 14 16 -4 62
12. Charlton 46 14 18 14 -6 60
13. Sheff Wed 46 14 18 14 -6 60

Breaking League News

Boro mind games
Norwich : 22/05/2015 21:13:01
Mark Bunn Leaves City
Norwich : 22/05/2015 20:52:01
Former boss says Redfearn will be a huge loss to the club
Leeds Utd : 22/05/2015 20:49:01
Holt Fooled By Schoolboy Prank Call
Norwich : 22/05/2015 20:23:00
Rizespor Want Lafferty
Norwich : 22/05/2015 19:42:01

Current Site Poll (view all polls)

Where needs to be strengthened?
Suggested By:  
Goalkeeper 13%
Defence 14%
Midfield 22%
Attack 51%