As we heard into December, It won’t be long before the accounts for Birmingham City FC will be published at Companies House. These accounts will give a full insight into the financial situation of the club at the start of this season and should help us understand just how much money the club can spend this winter.
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.
Dragon Villa will become the second biggest shareholder in Birmingham Sports Holdings (and thus by extension BCFC) once the share subscription announced on Thursday goes through. Their holding will take them above the 10% threshold that ensures that their owner Lei Sutong has to take the much-maligned Owners and Directors Test. Just who are these people?
I think it’s safe to say that the ownership situation at Birmingham City is still one of mystery to some people, judging by some of the questions I get asked via social media or email. With this in mind I wanted to put together an article answering the questions that get asked the most to help improve people’s understanding.
Birmingham Sports Holdings today made an announcement to the stock exchange of Hong Kong clarifying the recent investments made by Chigwell Holdings and Dragon Villa. In what was an extraordinarily detailed announcement, it was confirmed money loaned by those two companies was used to finance the football club.
On December 1st this website identified a shadowy figure behind the scenes at BCFC, previously known only as “Mr King” as Chinese businessman Wang Yaohui. In this follow-up article this website reveals further links between Wang and Birmingham Sports Holdings.