English Premier news for Birmingham City to become the Yeung Ones?

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posted by Gooner

Birmingham City to become the Yeung Ones?

Posted on 2009-08-21

Hong Kong-based businessman Carson Yeung has made a £1-a-share cash offer for Birmingham City FC, which values the club at £81.51m.

If the deal goes through it will mean that half of the clubs in the English Premier League are foreign-owned.

Mr Yeung's Grandtop International Holdings bought a 29.9% stake in the club in June 2007, but stopped short of buying the rest. Grandtop has now received acceptances that would take its holding to 80%.

Grandtop also said that the primary aim of ownership would be supporting the club to "help it retain its Premier League status". It added that it planned to "significantly increase its global fan base", especially in Hong Kong and mainland China.

It is intended that the current first team manager, Alex McLeish, will continue in this role, supported by his existing backroom team," it added.

EPL'S FOREIGN OWNERS
Chelsea - Roman Abramovich (Russia)
Liverpool - Tom Hicks and George Gillett (USA)
Manchester City - Sheikh Mansour (Abu Dhabi)
West Ham - CB Holding (Iceland)
Fulham - Mohamed Al Fayed (Egypt)
Birmingham City - Carson Yeung (Hong Kong - offer made)
Manchester United - Glazer family (USA)
Sunderland - Ellis Short (USA)
Aston Villa - Randy Lerner (USA)
Portsmouth - Alexander Gaydamak (Russia)

 


Sourced From : http://news.bbc.co.uk/2/hi/business/8213407.stm



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