While Blues’ Championship future has been secured for another season at least, there is an awful lot still up in the air as the final game of the season approaches. Fans still do not know what is happening with respect to the repairs of the lower Tilton and Kop stands, while on the pitch Lee Bowyer’s position as Blues boss seems very uncertain despite the remaining year on his contract.
I’ve mentioned before that the elusive Mr King aka Wang Yaohui is suffering some financial and legal issues at this moment in time. Confirmation of this has come recently on the Chinese news website Sina, which has reported issues Wang has had with a shopping mall he owns in Beijing.
Despite the best efforts of Millwall fans to storm the Kop on Saturday, I think the biggest Birmingham City news over the last few days has been rumours of the club being sold. While rumours of buyers making bids are always out there, this bit of gossip seemed to gain life of its own online.
In January of this year, a series of invoices dating from 2019 from security firm K2 were revealed by this website that would indicate the possibility that Birmingham City was paying for the protection of the elusive Mr King, Wang Yaohui. Today, I can reveal that Birmingham City director Zhao Wenqing has been contacted by K2 about payment for further invoices connected to the London residence of Wang.
There have been better weekends to be a Blues fan. Losing 4-2 to Coventry having been 2-0 up was a bitter pill to swallow, but getting humped 6-1 away to Blackpool the very next game just shows what a mess the team is in. Lee Bowyer looked a broken man sitting in the dugout at half time, and his post-match interview only seemed to confirm he’s losing the will with some of his players.
The accounts for Birmingham City’s 2020/21 season were published on the Companies House website on Tuesday. The accounts make for some grim reading thanks to the restrictions placed upon the club by the Covid pandemic and confirm just how important the sale of Jude Bellingham was to the continued existence of the club.
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.