On Tuesday Birmingham Sports Holdings filed a series of documents with the Hong Kong Stock Exchange. As well as the long-awaited Circular to shareholders, BSH confirmed that the EGM for shareholders to approve the sale of Blues to Shelby Companies Limited will take place on July 13, 2023.
On Friday Afternoon, a short technical statement made by Birmingham Sports Holdings to the Hong Kong Stock Exchange confirmed among other things that the company will hold an EGM for shareholders to approve the sale of the club on Thursday July 13, 2023.
With just a week left in June the angst among some Blues fans is starting to ratchet up. The eagerness for the takeover to go through seamlessly knows no bounds but years of being a Blues fan means that some fans can’t help but worry that something is going to go wrong.
On Tuesday evening Blues finally released season ticket prices for the 2023/24 Championship season in what will eventually be a fully reopened St Andrew’s stadium. As to be expected after a price rise there has been a lot of talk on social media about ticket prices, especially considering the cost-of-living crisis many are going through.
On Wednesday Borussia Dortmund released an official update to confirm what has been one of the most dragged out and talked about transfers in recent times – the sale of Jude Bellingham to Real Madrid. The transfer has Blues fans excited due to the prospect of Birmingham City receiving a chunk of change due to a sell-on clause in his transfer to the German club.
On Monday afternoon it was confirmed by both Blues and by Birmingham Sports Holdings that EFL approval has been given to Shelby Companies Limited prior to their takeover of the club.
On Friday afternoon Birmingham Sports Holdings confirmed to the Hong Kong Stock Exchange the news that I had feared on Wednesday; that the Circular for shareholders relating to the takeover of Blues was to be delayed. The announcement confirmed that the Circular will now be despatched on or before June 30, 2023.
Prospective new owner of Birmingham City Tom Wagner was featured on a Bloomberg “Masters in Business” Discussion on Youtube on Thursday, talking with other hedge fund founders about how the business works.