Carson Yeung finalises Birmingham deal as stock exchange confirms takeover

11 November 2009 16:52
Carson Yeung's takeover of Birmingham was rubber-stamped by the stock exchangeon Wednesday after shares in Birmingham City Plc were delisted.[LNB]The move is a formality confirming the club's status as a private business.[LNB] Done deal: Birmingham owner Carson Yeung has promised investment[LNB]A statement from the City read: 'In line with the notification of the company's delisting that was made on 14 October 2009, as of 7am today, the Company is delisted so that its shares are no longer admitted to trading on AIM.'[LNB]The statement also confirmed Yeung, Vico Hui and Michael Wiseman as the sole directors of the company and club boards.[LNB] Carson Yeung attempts to block Karren Brady's £1m pay-off at Birmingham CityBirmingham bonanza: Yeung promises to splash out £80m on transfersSunderland boss Bruce still bitter over exit from 'impossible' Birmingham jobBIRMINGHAM CITY FC

Source: Daily_Mail