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.
Despite senior management at Birmingham City firmly denying that the club is for sale, the appetite from would-be buyers does not seem to have abated at all. This website can reveal the names of one group of businessmen who are looking to buy the club and the stadium.
Birmingham City slumped to a 4-0 defeat on Saturday at Blackburn Rovers, leaving them 17th in the table. While the heavy defeat has brought out some critics of Lee Bowyer’s tenure as Head Coach, there has also been an increasing amount of talk online about how the ownership of the club might change.
The international break is a tough time for journalists, especially ones covering smaller clubs. With no games to report on column inches have to be filled with other things to get those clicks. This weekend those column inches were filled with a report that Laurence Bassini is “eyeing a Birmingham City takeover”.
Following news breaking on Friday regarding a sale of a slice of Birmingham City to Chinese-born Cambodian businessman Vong Pech, there have been many questions online about the purchaser’s identity. Who is Vong Pech, how much money does he have and why does he want to buy this stake in the club?
Previously on almajir.net I’ve written about a group of large shareholders in Birmingham Sports Holdings I’ve termed “The Faceless Four”. Today I have spent time investigating two of those shareholders to find out more about them and who they are.
When Trillion Trophy Asia owner Paul Suen Cho-hung finally took control of Birmingham Sports Holdings in October 2016, he committed to not selling his stake in the holding company for a two-year period. With that period elapsing in less than six months, what does the future hold for BSH?
It’s now been just over a week since Birmingham City was taken over by Paul Suen Cho Hung and his Trillion Trophy Asia investment vehicle. It’s the start of a new era – but here’s a question for you. How much did Paul Suen exactly pay?
On Monday October 17, at 9am Hong Kong time a minor stock on the main board of the Stock Exchange of Hong Kong will resume trading in it’s shares. It’s an anti-climactic end to five and a half years of turbulence but that simple act will mark the end of the Carson Yeung era for Birmingham City with the “Penny Stock King” Paul Suen becoming the single largest shareholder in the holding company.