The two-year anniversary of the takeover of Birmingham Sports Holdings by Paul Suen Cho Hung’s Trillion Trophy Asia vehicle approaches in October. With it being public knowledge that Suen could not sell his stake in BSH within two years, will this anniversary herald a change of owner?
Announcements were made by both Birmingham City FC and Birmingham Sports Holdings today that have financial ramifications for the immediate future of the football club. BCFC confirmed that they have sold naming rights to both St Andrew’s and the Wast Hills training complex while BSH have confirmed another share subscription deal that sees Dragon Villa become their second biggest shareholder.
Reports have emerged in the Chinese language media in Hong Kong that Trillion Trophy Asia owner Paul Suen Cho Hung has bought the second most expensive house in Hong Kong for a figure of around HK$1.6billion (approx. £143million).