Birmingham City now a private company

13 Nov, 09 | England | Clubs ownership & management

Tags: birmingham-city |

Font size:

Carson Yeung’s takeover of Birmingham City Football club has now taken full effect, as the club’s shares are officially delisted from the stock exchange, BBC reports.

The club now has the status of a private business.

Yeung, billionare businessman from Hong Kong, promised manager Alex Mcleish that he would support the Birmingham’s Premier League status with GBP 40 million. McLeish expressed that the squad needs improvement, and Yeung has stated that he is willing to provide up to GBP 5 million of his own funds to support transfer activity.

Yeung, along with Vico Hui and Michael Wiseman have been confirmed as the only directors of the club, and Sammy Yu was named vice president.

Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of euFootball.BIZ content, including by framing or similar means, is expressly prohibited without the prior written consent of euFootball.BIZ.

Article URL: www.euFootball.BIZ/Clubs/7740-birmingham_city_private_company.html

Add to: Google