Yeung takes step towards Birmingham takeover bid

Birmingham today revealed Carson Yeung’s investment company has paid a £3m (€3.48m) deposit with a view to making an offer for the Premier League club.

Thu, 20 Aug, 2009 - 18:37

Birmingham today revealed Carson Yeung’s investment company has paid a £3m (€3.48m) deposit with a view to making an offer for the Premier League club.

Yeung’s Grandtop International Holdings, which currently holds a 29.9% stake in the St Andrews club, has entered into an escrow agreement with City.

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CourtsSoccerHeathrowPlace: BirminghamPerson: YeungPerson: Carson YeungPerson: David SullivanPerson: DavidPerson: Ralph GoldOrganisation: BirminghamOrganisation: PremierOrganisation: Grandtop International HoldingsOrganisation: St Andrews clubOrganisation: CityOrganisation: GrandtopOrganisation: Stock ExchangeOrganisation: Grandtop International Holdings LimitedOrganisation: Birmingham City plc
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