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The Court Case – What’s Going To Happen
Carson Yeung goes on trial in Hong Kong on Monday 29 April on five counts of breaking the Organised and Serious Crime Ordinance. The trial, which takes place in front of His Honour Justice Douglas Yau is expected to last five weeks or more as the prosecution lays down a carefully constructed case against the Blues largest shareholder.
With this in mind I have spent some time talking to a senior HK solicitor about what is likely to happen over the coming weeks and what we can expect.
It’s thought that Carson will apply for an adjournment of some sort on the first morning – it may be that he feels more time is needed for his defence to be properly ready, or some new evidence has come to light from the prosecution. Whether it will be granted would be down to the judge, and in honesty I wouldn’t like to say either way if it would be granted or not.
Those hoping for a quick resolution will be sorely disappointed. Whilst the trial itself is expected to take around five weeks, an actual conclusion wll take much longer. Once all the evidence has been heard the judge will require some time to look over it, reflect and write his conclusion. As these conclusions can run into dozens and even hundreds of pages, this will take a while and it may not be until September or October that we finally get to hear if Carson is found guilty.
Of course, should Carson be convicted there can be appeals – if given leave, Carson could take it to the court of criminal appeal and then the court of final appeal. This too, would take time and if Carson had sufficient funds it could take upwards of two years before those are finally exhausted. However, it wouldn’t come cheap; my legal source said that he expected the initial criminal case to cost Carson around £2million or so in legal fees with maybe another £1mil on top for each potential appeal.
All in all, this is not good news for the club – I will admit that I was hopeful of a resolution before the new season and I fear that the longer the court case drags on, the harder it will be for the club to be sold.
The case starts tomorrow in the District Court and all things going to plan, I should be present to hear what happens and report back at a similar time tomorrow.
Tags: Carson Yeung, The Trial
49 Responses to “The Court Case – What’s Going To Happen”
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Nice work Almajir. Do you have a good interpreter present? Cant wait for the first installment.
[…] case and put together further contingencies for the coming days. As you will read from Often Partisans latest piece, it’s a little more complicated than originally […]
As with you, Almajir;, I am dissapointed to learn that any ” final ” outcome could be as late as Oct/Nov,
Along with the prospect of various appeals possibly taking a further year or more, !!!!.
Is there any legal barrier to C,Y. selling-on the Blues, ??.
So can carson use player sales or use the money of the club to finance his court battles?
Nothing stopping him getting money from his mate PP, who’s club wage this year would cover the £1m that Dan alludes to.
There is on way the FA will allow this club to start the season unless they can demonstrate they have the funds in place to complete the season, which we obviousley wont. Long term ie the case going on maybe even years, means Carson has no choice but to sell the club as he wont be able in the eyes of the FA to continue as owner of BCFC. So as i see it (and i would like your opinion on this Dan) one way or another it may turn out to be Carsons last chance to sell up or go into Admin which means things will happen either way very very soon imo, and that at least will be the end for this lot. So to sum up what i am saying is, This wont be allowed to drag on IT CAN NOT.
If we sell players won’t that count as funds?
I am scared to say it, but if they get really desperate for money would they be able to sell St Andrews. I dread to think it but would put nothing past these people.
Yet again nothing straight forward with this person !!!! I curse the day he walked into our lives !! You have yet again highlighted what a seedy murky world our club lies in !!!!!!!!!!!!! Thanks for the report and I hope it turns in our favour from Tomorrow !!!!!!!!!!!
Keep up the good work but don’t be too disappointed if this case drags on as expected. CY has still got to finance his appeals and raise finance for BIHL. This in itself may necessitate a sale of BCFC. Good luck and enjoy your time in Hong Kong,
I think the sale of our most expensive players, reliance on the kids and gambling with a few up an coming Scots should tell you all you need to know about next years season and the way the club are approaching this.
Legally we’re in for the long haul here an Carson will milk this for as long as is feasible.
Can’t see it being any other way really, and by the time you strip out Butland, Davies and a few others we don’t really have a club that any sane person would want to buy.
Therefore we rely on the future action of the insane (i.e. a wealthy fan) or a Fan lead club takeover to steady this ship.
Having said all that….KRO because we always will!
Neil, we can’t pull 15k fans to a home game so forget any fans takeover
Iv been a lurker on this site for a while now, finding it In the blues section on news now. Just wanted to say thanks for all the great info… Really appreciate it!
this is is going to last longer than ‘gone with the wind’.we are knackered!!! bring us some rock back mate.xxx
Roman, I asked first….Sod off and get your own..
The club cannot independently generate enough funds to complete next season in this limbo.
This delay will almost certainly mean cut backs, the sale of players , & any other other sale-able assets available , which must put St Andrews right in the firing line.
Desperately sad situation..
WTF would buy the ground?
Property Developer..Super Market Chain etc etc etc
More depressing negative rubbish.
How you can call yourself Blue Boy I do not know.
Not a single supportive post all season
Made all the worse by moaning whinging anti fans like what you have been all season pally.
You and yer mates have no idea what the meaning of the word support is.
This will be very interesting process indeed from monday….more facts, probably more lies, more shocks, more horrors, then hopefully calm great been a blues fan…… Blues have always a soap opera….this will.be no different imo…. Dan your sterling hard work for something that is your hobby i have great admiration for you. Kro
Pity they cant follow example of the FA whereby any appeals considered frivolous can lead to a tougher sentance
Here we go again wondered how long it would be before Paul started on the Fans
Here we go again, wondered how long it would be before Paul started on the Fans
Tony to brutely honest paul got a valid point about moaning and whinging fans. Maybe you need to look at your previous season ticket you might find it out dated since tf left. Lol
Oh the irony….. nobody moans about Blues fans more than him..
Moans about them not going to St Andrews..then moans after every match about those who do go…& then in the next breath tells us what great support the vile have…
He’d be much happier joining them..
If PP earns circa £1m pa maybe he could be the next investor of BCFC. Makes some sense if funds are tied up however he is a shrewd man and think he may take his money and keep it under the bed.
For all we know PPs wages might be
i am just worried that if these people get really desperate for funds after stripping us dry that they will sell the ground, I dread to think it but i do not put nothing beyond these people. St Andrews might be a shrine to us but to these people it is nothing. I am really worried that if they do need funds after stripping us they could sell Stan’s
As I have said before admin is not far away. Not enough money coming in to support the club, no investment and a trial of the owner that could drag out for the best part of a year for any outcome.
If we are not sold it will be admin nowhere else to go.
Paul carter I have said it a few times is if you love the club so much is why don’t you pay for two home tickets Instead of going to away games? Bored of hearing your shit! Bore off knob head your no bigger fan than anyone else
And Rob I have said it before that I do have two tickets every game.
I go away out of choice, I go to St Andrews out of duty and pride.
Stop being an internet warrior and get behind the team.
Cheers Robssy
They dont come and see me when Im bad Mark
Oi Tony,,,,,,you find your own quip,,,,,,i cracked that one weeks ago,,,,,my Grand-dad cracked it first when I asked why he didnt go anymore !!
best excuses are always sought by armchair computer/ laptops experts it seems…….joking apart
If we go into admin lots of so called Blues fans who never go down will need to take a good hard look at theirselves and ask themselves whether they really give a feck anymore.
So its the fans fault?…. or more likely its those that dished out £70k a week to big zig & didn’t even realize there was such a thing as relegation in the supposed wonderland of the EPL.
I suggest we should all give a very large THANK YOU,,,,,,to AJ. Tilton Strugglers and most of all Swissjohnny for going and enabling those to go to HK to find out on our behalf what has been going on.
Who is SwissJohnny ?
Chas
Look through dan earlier blogs and i am sure you find swissjonny comments…..
Thanks Mark, but do you rerally think that I have that amount of time keft on this earth to read all those Blogs.? ;-)
Hi Mates,
I have a bit of experience with admins and receiverships. Oz law is very similar to Westminster law. Admin is not as bad as it sounds. If we went into admin during summer and started with -10pts, it might be a better option than BIH asset-stripping the club. Look at Coventry in D1:-10pts but survived.
Admin can be initiated either by a Court, voluntarily or by a creditor who is owned money. Since the UK Enterprise Act of 2002, ‘Pre-Pack’ admins are possible where debts are wiped and a new buyer buys a company debt-free right away. Hard on creditors but often the biggest creditors are the owners. (Al – does BIH owe Yeung/Pannu linked companies money?). If Admin goes into Receivership then the price for the club goes way down and that is what is needed. We’re no longer worth the 83 million pounds Carson paid for it. My best guesstimate is between 15 and 22 million.
I am reasonably confident that the assets of BIH including St Andrew’s (I was named after it!), can and would be frozen should BIH attempt and asset sales while the Court case is going on. ‘Not permitted to dispose of assets or acquire new significant debt’ might be the instruction.
PP is UK and Hong Kong Law-savvy – he knows the score. If our Club goes into Admin, he no longer runs it – the appointed Administrator or Receiver-Manager does and these are the KPMGs and Pricewaterhousecoopers of the world – they will seek a sale for as much as they can get.
Footnote: Record $60 million Powerball lottery here this week in Oz. If I win; I’ll fly back to Brummagem, buy the club, put the rest in for players and run it for us fans. Might need a couch for a couple of weeks though.
Not Guilty …?
http://www.bbc.co.uk/news/world-asia-22333863
Not very suprising that he went with that plea
One of our biggest frustrations thus far, is that no one outside of BCFC has been interested in this case. Looks like this time around this will not be the case and there is already significant media interest. The BBC report is also on their list of 10 Most Popular news stories aand they appear to have commissioned their own local reporter. It is also reported by ITV and locally :-
http://www.scmp.com/news/hong-kong/article/1225968/birmingham-owner-carson-yeung-pleads-not-guilty-money-laundering
And what with our boys over there tracking down key players and working on behalf of the fans, this could become our defining moment.
KRO…
They got to prove him guilty, why surprised…….
Apologies Prewar thee was me thinking id found a new line
All banter aside ,looking at the blues trust membership figures ,It is dissapointing.
Surely there cant be anyone who cant afford £5 to join.
May I urge everyone who is a true supporter to join, they are doing really useful work, a figure of 5000 should be achievable, lets get moving.
FFS I spat me tea out reading that.
Pure comedy.