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Yeung Completes Blues Buy-Up

Yeung Completes Blues Buy-Up

Hong Kong businessman Carson Yeung has completed his takeover of Birmingham City after his Grandtop International Holdings company tabled a £81.5 million bid on Tuesday.

Yeung now owns 90% of the shares in Blues which means he will be offered the remaining 10%

Co-owner David Sullivan will now leave the club along with managing director Karren Brady, David Gold is expected to continue as chairman.

And as far as manager Alex McLeish was concerned it was all good news: 'It is exciting times and something I have great anticipation for. There is a buzz about the place.

'I am ambitious and they are ambitious and, of course, if there is money to spend, we would welcome it.

'We are looking forward to a new era. The fans are anticipating another step forward.'

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Writer:Foxxy
Date:Wednesday October 7 2009
Time: 3:55PM

Comments

0
always felt Gold/s and Sullivan let Blues down, with their personal wealth I thought they'd put much more in. Don't suppose you folks are sad to see them go are you?
The Fear
07/10/2009 16:02:00
0
I'm not sad to see them go, I also wouldn't be sad to see McLeish sacked because he is way out of his depth in this league
Dark_Blue
07/10/2009 16:15:00
0
The Sun (yes I know its not the best of sources) is saying that the new owner plans to make you bigger than The Villa..........I seem to have heard that somewhere before. Ahh yes, the previous incumbents.
dannyvellow
13/10/2009 13:43:00
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