Investment bank threatens Birmingham sale

Investment bank Seymour Pierce has effectively taken control of Birmingham and could put it up for sale after club owner Carson Yeung failed to pay a £2.2m fee to the bank.

Investment bank threatens Birmingham sale
Thu, 15 Apr, 2010 - 12:44

Investment bank Seymour Pierce has effectively taken control of Birmingham and could put it up for sale after club owner Carson Yeung failed to pay a £2.2m fee to the bank.

Last month, Seymour Pierce, the company chaired by Keith Harris, sued to recover the fee it said it was owed for laying the groundwork for Yeung’s takeover of the club.

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