In the final part of my series of articles based on my trip to Cambodia in March 2022, I have taken a look into the elusive Mr King, Wang Yaohui. While Wang was born in China, I’ve previously published a copy of his Cambodian diplomatic passport in the name of Wan Sokha and mentioned his connections with businesses there. Were the rumours of his connections with Vong Pech true?
In the second of my series of reports from what I learned in Phnom Penh, I want to talk about the businesses Vong Pech owns. One of them, Graticity Real Estate Development Ltd own a stake in Birmingham Sports Holdings and provide one of the streams of revenue that the Hong Kong listed company have that isn’t Blues. The big question is though how much money is coming in from Cambodia – and will it ever be enough to potentially help release BCFC from its Hong Kong parent.
Last week I visited Phnom Penh, Cambodia to attempt to understand and report more about the convoluted ownership of Birmingham City. While the appointment of Ian Dutton as Managing Director in Birmingham has bought some much needed change to the way the club Is being run on a day-to-day level, I wanted to learn more about the owners above him; who they are and what their intentions are.
Although the points differential between Blues and bottom three is still in double digits, it’s clear that there once again is a cloud of disheartenment surrounding Blues fans. Another poor performance in defeat to Middlesbrough has left some questioning the players and / or the manager while others are starting to wonder just how much needs to be done this summer to make things right at St Andrew’s.
While Birmingham City played out a draw with Hull City in the race to mediocrity in the Championship on Saturday, more uncertainty has been heaped on Chelsea in the Premier League following sanctions placed on their owner Roman Abramovich by the UK Government. Watching things unravel at Stamford Bridge has got a few Blues fans twitchy wondering if a Chinese atrocity akin to Russia invading Ukraine could put Blues in a similar boat.
Birmingham Sports Holding Ltd announced their interim results to the Hong Kong Stock Exchange yesterday following a board meeting held by the company. The results, which are unaudited, cover the six month period to December 31, 2021.