Birmingham Sports Holdings held their annual general meeting on Friday 30 December at the United Centre in Admiralty, Hong Kong. As a shareholder in the company, I flew to Hong Kong to attend the meeting to ask questions about whether BSH were looking to sell their 75% stake in Birmingham City plc.
Birmingham City came down to earth with a bump on Tuesday evening following a 3-0 defeat to Burnley at Turf Moor. Victory would have seen John Eustace’s men climb to fifth in the table; however the loss means that Blues lie in 15th place at the bottom of a pack of 11 teams separated by just three points.
Both Birmingham City and Hong Kong parent company Birmingham Sports Holdings released statements on Wednesday confirming the end to negotiations with Maxco Capital Ltd. Both of the statements made took a somewhat “bitter ex” theme, with the wording suggesting it was incumbent owners who terminated talks rather than Maxco.
With Jude Bellingham once again turning it on for England in the round of 16 World Cup match against Senegal, it’s somewhat deflating to turn attention back to the never-ending saga that is Birmingham City’s ownership travails.
News broke on Friday afternoon that 136 days after holding a conference on the Kop Car Park to tell fans the deal was done, Paul Richardson and Maxi Lopez have pulled out from their attempt to buy Birmingham City.