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.

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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