With the October international break now into its second week, Blues fans are still none the wiser as to when the independent disciplinary panel will meet to decide the punishment Birmingham City will face for breaking “Profit and Sustainability” rules.
Over the last ten months I have written an occasional series about “Mr King” aka Wang Yaohui. I’ve written about his past and his connections with various entities who have loaned money and gained stock in Birmingham Sports Holdings. In this article, I’m exploring what Wang has been up to of late and his connections to Cambodia.
Birmingham Sports Holdings announced their end of year accounts to the Hong Kong Stock Exchange on Friday. The accounts, which are for the year ending June 30, 2018 showed a huge loss of HK$437.7millon, up from HK$182.6million the year before.