UK time is: 13:56:04
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Bank Warns Blues

Investment bank Seymour Pierce has issued a warning to Birmingham City that they will take over the club unless the 2.2million owed to them by the current owners is paid before the end of May.

The bank claimed to be owed the amount from Carson Yeung for groundwork done on behalf of Yeung when he first became involved in the purchase of the club.

Lawyers working for the bank won a court order requiring Yeung to pay the amount by Monday, but the sum remains outstanding.

Acting on behalf of Seymour Pierce, Neil Bennett told Sky Sports News: 'Seymour Pierce can take a charge over the shares of Birmingham City and do what they need to do with them to recover the money it is owed, so that means they could potentially sell them to another owner.'


Vital Birmingham Twitter >> Click Here

Vital Birmingham Facebook >> Click Here




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



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

The Journalist

Writer: Foxxy Mail feedback, articles or suggestions

Date:Thursday April 15 2010

Time: 3:45PM

 

Have Your Say

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

Recent Birmingham City Articles

Birmingham Reject Fourth Approach For Gray (Wednesday January 28 2015)

Blues Boss on Wednesday Draw (Wednesday January 28 2015)

Latest Gray Rumors (Wednesday January 28 2015)

Young Prospect Player Analysis (Wednesday January 28 2015)

Gleeson Confident of Right Reaction (Monday January 26 2015)

Birmingham Winger Needs Tactical Work (Monday January 26 2015)

Wednesday To Deploy New Signing (Monday January 26 2015)

Archived Birmingham City Articles

List All Vital Birmingham Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

League Table (view table)

Team P W D L GD Pts
8. Norwich 27 12 7 8 16 43
9. Sheff Wed 27 9 11 7 -2 38
10. Blackburn 27 9 9 9 -1 36
11. Birmingham 27 9 9 9 -8 36
12. Forest 27 8 10 9 -2 34
13. Cardiff 26 9 7 10 -3 34
14. Fulham 27 10 4 13 -7 34

Breaking League News

BWFC: Gone
Bolton : 30/01/2015 13:54:00
RUFC - Gaffer Buzzing Over Hunt Signing
Rotherham : 30/01/2015 13:28:00
Rob Kiernan Heading For The Exit Door?
Wigan : 30/01/2015 13:25:00
Tettey Should Be Back For Birmingham
Norwich : 30/01/2015 13:00:00
Jason Pearce Officially A Latics Player
Wigan : 30/01/2015 12:55:00

Current Site Poll (view all polls)

Birmingham v Norwich
Suggested By:  
Home win 60%
Draw 10%
Away win 30%