Blues buy-out interests Yeung

13 October 2008 02:29
Hong Kong businessman Carson Yeung is still interested in buying Birmingham City, according to the club's chairman David Sullivan. Yeung was expected to complete a takeover of the then Premier League side last year, only to fail to meet a deadline set by Sullivan and the Gold brothers, chairman David and Ralph. Yeung still holds a 29.9 per cent stake in the club and remains keen on a buy-out, with Sullivan telling the Birmingham Mail: "He's told us he doesn't want to sell his stake and he'd still like to buy us out. "But one, we still don't think he'd be able to come up with the money and, two, we just don't think he'd be accepted by supporters after all that's gone on. "He doesn't realise how people feel about him over here and there'd be no guarantee he'd put any finance into the club. "If you had a poll and 80 per cent of supporters wanted him then that's fine, we'd give him a seat on the board because you'd have to say 'that's fan power for you'. "But I just couldn't see that happening. If we're unpopular with supporters, he's unbelievably unpopular. "We have no intention of selling, it's time for stability now with us in charge."

Source: ESA