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Yeung plans City takeover

16 July 2007 11:21
Hong Kong businessman Carson Yeung has confirmed he plans to launch a full takeover of Birmingham City. Yeung will officially complete his purchase of 29.9 per cent of the club's shares on Monday and has set out his plan to buy 'the whole club' from current owners Ralph and David Gold and David Sullivan. The Blues board had previously refused to confirm whether Yeung was planning a complete takeover at St Andrew's. "I don't have any politics and I only want to buy for interest because I love football," he told the Daily Mirror. "I will not let the Birmingham fans down. I like the city of Birmingham and have a lot of good plans for the future. "David Gold and David Sullivan have accepted our plan. As soon as we can I would like to own the whole club. "We can buy some good players in January but maybe by then we might already be in a healthy position so we will wait and see. "We can spend a lot of money in the right way but first I want to meet (manager) Steve Bruce as soon as possible. "I have a lot of confidence in Steve Bruce, he is a very straight man and we could have a good relationship."

Source: ESA