Yeung to make fresh bid for Premier League new boys Birmingham

13 August 2009 07:33
Two new investors may hold the key to Carson Yeung's takeover of Birmingham City after the Hong Kong businessman re-affirmed his intention to buy the club. Yeung has secured additional backing for the approach, which has received a lukewarm response from the club's owners, despite the arrival of a10-strong delegation who viewed the facilities at St Andrew's. David Sullivan and the Gold brothers, the existing majority shareholders, confirmed they received formal notification of an offer but are still waiting for evidence that Yeung is serious about the move. Yeung first appeared at Birmingham in 2007,paying £15m for a 29.9per cent stake. He was given three months to complete the take over deal but failed to do so, leaving Sullivan and the Golds humiliated.

Source: Daily_Mail

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