Domiciled British Virgin Islands Registered Office Address Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands Head Office Address Unknown Owners (if known) Kang Ming-Ming 100% Directors (if known) Achiever Global Group Ltd own 75% of Birmingham City Stadium Ltd. Details correct as per May 29, 2022.
Birmingham City have confirmed on the official club website that Sale and Purchase Agreements have been exchanged between Shelby Companies Limited and BSH, Oriental Rainbow Investments Ltd and Achiever Global Group Ltd which will see SCL own 45.64% of the club along with St Andrew’s Stadium.
Late on Monday night, Birmingham Sports Holdings finally posted an announcement to the Hong Kong Stock Exchange relating to the sale of part of their stake in Birmingham City to Shelby Companies Limited.
Birmingham Sports Holdings today announced to the Hong Kong Stock Exchange that letters of intent have been signed to sell both a stake in the club and St Andrew’s Stadium to an unnamed purchaser. The news is the biggest indication yet that a takeover is going through.
Birmingham City released an update to fans on Thursday evening, confirming plans to proceed with the next stage of repairs of the St Andrew’s Stadium. The update confirmed that work would be done to remove the pre-cast concrete units from both the lower Tilton and Kop during the World Cup break.
The Birmingham City takeover rollercoaster kicked back into gear on Tuesday in spectacular fashion, with Paul Richardson and Maxi Lopez holding a fairly impromptu press conference in the St Andrew’s Kop car park to confirm that they were in the final stages of completing a takeover.
The first official communication that a partial takeover of Birmingham City is underway was made yesterday as Birmingham Sports Holdings made a voluntary announcement to the stock exchange. The announcement confirmed that BSH had been informed by Vong Pech that he was selling his 21.64% stake in Birmingham City plc.
There’s an old cliché that a week is a long time in football. The last three weeks must have felt like an eternity for some Blues fans as days continue to tick by without any official confirmation on the status of the stadium repairs, Lee Bowyer or the rumoured takeover. With June almost upon us the club remains in stasis waiting for movement from anywhere.
One of the most complex things to understand about Birmingham City is just who owns the club. While the simple answer would be to point to the Hong Kong listed company Birmingham Sports Holdings, the ownership of that company is opaque due to the number of investment vehicles incorporated in the British Virgin Islands who own stakes in the company. Throw into the mix people owning stakes in the club directly and you’ve got a mess.
The second article in my series looking at where Birmingham City have spent money in recent years focuses on St Andrew’s stadium. The stadium has been the centre of news throughout most of the current regime’s tenure due to the sale of the stadium to Birmingham City Stadium Ltd to get around P&S rules; the closure and partial reopening of the Tilton and Kop stands due to structural issues and the ground share deal with Coventry City FC.
