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Carson In The News In HK Again Over House Repossession
Carson Yeung featured heavily in the Chinese press again yesterday ahead of his October 19 appeal against the repossession of his house. It was confirmed that two ladies, Yung Sau-mui and Wang Lifei had filed papers at the High Court alleging that Carson didn’t have the right to mortgage the property on Barker Road.
The English Language South China Morning Post stated that when Carson bought the house in 2005 for HK$146million it was agreed that he would split it with Yung Sau-mui and that in May 2009 it was agreed that Wang Lifei would have half the house and Carson and Yung would have the other half – leaving Carson with just a 25% interest in the property.
SCMP goes on to state that Yung and Wang are now asking the court to confirm that they are part owners of the house and to order Carson to pay back any losses incurred.
Whilst the SCMP says that the identity of the two women is unclear, the Chinese Language Oriental Daily states that Yung Sau-mui is in fact Carson’s mother and Wang Lifei is better known as Wang Manli, who is Carson’s wife.
Land registry records I have obtained show the owner as Success Orient Investment Ltd, and that Carson took out a mortgage with Wing Hang Bank in November 2010. Carson’s default on this mortgage is the reason for the court case as the bank have been looking to repossess the property.
The court of final appeal is due to hear the case on October 19 and there is a chambers hearing in the High Court scheduled for Wednesday.
Tags: Carson Yeung, China, HK, Wang Lifei, Wang Man Li, Yung Sau-mui
15 Responses to “Carson In The News In HK Again Over House Repossession”
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I need something to cheer me up!!!
What stands out from this?
Is it not the case that these were the original reasons given for a delay when his wife and mother were contesting the judgment on the basis that they had not received a letter before action>
Am I reading this right that its them who are pursuing action? and the victims of their own action?
If it is this proves that the courts over there are clueless.
Such a mess a sorry sorry mess our clubs in
A few years ago yeung wanted to buy reading but madejeski said he was a dreamer with no money. And he couldnt raise the deposit for blues in the first instance. No one paid attention to it then. This guy has screwed everyone and anyone he knows!!!!! He ranks up there with gaydamack and the arab at pompey!!!!!
just sounds like a way carson has found to keep a roof over his wifes head to me
The fella (CY) is absolutely desperate to try and do something which will salvage some pride and resources from this nightmare fiasco he finds himself in.
Doesn’t look good for him though.
Never mind it’s not looking good for him -what about the affect this is having on the day to day activities of the club.At the moment he’s more concerned about saving his own skin and I suspect Blues are not even on his radar.
i know this has nothing to do with this headline but its a nice bit of gossip from a reliable friend.
My mates dad has been mates with ron atkinson for 40 years and regularly plays golf with him.My mate told me at the match yesterday that ron said he is being lined up as director of football at blues for a consortium that is bidding 35 million plus 5 million to give to bihl.Obviously this is only hearsay but the old guy is really reliable and has always been right on previous info on big ron
sorry nothing new, Paladini stated this on radio a month ago
I know I have mentioned this before but it still gets right up my nose what Brady and Sullivan said in 2009:
“With great effort, we have sourced a multi-millionaire, backed by other mega rich Chinese investors who we hope can achieve for the club what we have failed to achieve,” said the City pair in a statement.”
http://www.guardian.co.uk/football/2009/sep/22/carson-yeung-birmingham-city-brady-sullivan
I blame them for embracing CY with such open arms.
So do I !! They sold us down the river to a man making a huge gamble with what little money he had…
Don’t forget our fans who were shareholders couldn’t wait to sell to Yeung. It could have been anybody just so long as they got their £1 a share.
I still have mine (although I would have made a decent 5 figure sum had I sold) as I didn’t want to sell my club to a guy who had no apparent wealth but somehow had wealth if you know what I mean.
I dont mind minority shareholders / fans with very little influence at Birmingham City Plc making a tidy but comparatively modest sum by selling out to a good offer. As people who could have found a more appropriate owner for the club, Gold and Sullivan should have treated us better… but i guess things weren’t exactly sweet between them and the fans.
Also begs the question (for the umpteenth time)… FA “fit and proper”???
Suspect if some mug offered us twice what our house was worth in folding stuff most of us would take it and not ask whether he could afford it. I therefore cannot see what the criticism of Sullivan and Gold is. Too many fans let Sullivan in particular know what they thought of him and the cretins who tried wrecking our own ground when we got relegated didn’t help; Delboy and Rodney couldn’t wait to get rid of the Blues and it is difficult to blame them.
I agree, Sullivan and Gold owed us nothing, they got stick most home games from their own fans so why shouldn’t they sell the club for what they can get? They were in it purely for the profit, and they played a blinder. It wasn’t their job to determine whether CY could take us forward, that’s the FA job (which they’d failed!)