In a change of scenery from the District Court where Carson has been appearing on trial, Carson spent yesterday in the High Court fighting to regain possession of his house on Barker Road.
The courts ordered the repossession of the house after Carson defaulted on a mortgage, but Carson had appealed the decision in the High Court. According to the Oriental Daily, after appearing in court for the appeal, Carson’s lawyers met the bank outside of the courtroom and thrashed out a consent order which will allow Carson to remain living in the house.
Without access to the order in full I cannot confirm the contents of it, but I would suspect it’s a hiatus of some kind allowing him to live there – possibly until the club is sold and he can pay off the bank.
Due to Carson being in High Court, the criminal case has now been adjourned until Thursday 23 May, 09:30am (2:30am BST)
Tags: Barker Road, Carson Yeung, HK
Phew, thank goodness for that. I had visions of poor old Carson sleeping in a cardboard box under the arches!
Could this be a sign that things are starting to go his way?
I think you will find that the money he “Borrowed” from Polly Anna will come back to haunt him, “Hell Hath No Fury” springs to mind.
He would preferably have been sleeping along Gloucester Road near to Wanchai and sourcing MacDonald left overs from the waste bins.
i like the piece about him living there till he possibly sells the club and can pay off the bank.
music to mine and hopefully all blue noses ears.
roll on guilty verdict…….PLEASE(lets all prey)
Dave mate….I think you mean “PRAY”…..there,s only one “Prey”ing on the club
Strange decision for a bank to make outside a court involving a man charged with massive financial fraud.
Unbelievable really. I can only assume the banks expect him to get off
This is interesting.
In order to convince the bank, he (CY) must have had to show some evidence of where the finances would be coming from in the near future in order for him to pay off his debts. Simply saying that he would, would not be enough. In addition, he may have also had to prove that the forthcoming funds would be released for him to pay those debts and not simply be frozen like his other so-called assets whilst his criminal court case is continuing.
Or, the man has simply got shit-hot lawyers who can create doubt and confusion in the sharpest of minds.
I think he showed them a picture of Nathan Redmond and said will he cover it and they said yes
Anybody remember that tv series”The Water Margin” ?…… Chinese made about Buddha and the animal going with him on his journey……Piggy and Monkey….we all know who is “Piggy”….but Carson,s got a lot more tricks up his sleeves than “Monkey” ever had
Actually prewar that tv show was called MONKEY. The water margin was a totally different show altogether.
I think you could say he’s getting in a bit of lather over his soaps!
this is one hell off a soap opera we have here dont you think?
There could be an interesting take on this. Seems he would like to continue living in this house, rather than trading down. Only he apparently can’t afford to pay for it. Nor can he afford to hang on to the club, and it looks like one or the other.
Maybe he loves his house more than he loves the club, which will hopefully mean he sells the club sooner rather than later in order to hang on to his beloved house.
He lives in that house with his missus and two of his three kids. Maybe his missus had a word in his shell-like?
do you mean “Beccy Doyle” style ?……aint the bloke got enough trouble……without being in stuck with his ex…….AND his Mother ?……can almost [ note ALMOST ] feel sorry for the bloke
I think its the best news we have had all season tbh and i agree 100% with Croydon, he will/has been forced to do the only deal open to him, to agree to raise the funds needed to pay what he needs to pay to keep his beloved pad. I think we will see a mad rush soon to get the shares re-listed to enable him to sell the club and in turn get what he needs to pay his debters off, and he must have given some sort of time scale that the other side have agreed to. So i really do think things will begin,/ has to begin to happen sooner rather than later. Hears hoping.
Sorry mate but your way off the mark.
Carson is going down…..I attended the first day of his trial in HK and spoke to GRAHAM HARRIS his senior Counsel 3 times outside court.
Nobody else did the way I did and as for as long as I did.
I quizzed him if he thought Carson was Guilty…he said he didn’t know.
He said that Carson had a really bad deal when his father died.The HK Govt not letting him attend his father’s funeral in China was scandalous.He said that he and his Junior Counsel offered to go with him and put up a surety but they wouldn’t listen.
He intimated they are very determined to see him prosecuted even though a lot of 2001-2004 Financial records are not available.
CARSON’S dead meat mate.
His older Brother Albert Yeung has a bad reputation around the traps also.
THE F.A. and PREMIER League have a lot to answer for in my opinion.
This Albert Yeung?
No relation JB
Are you mixing him up with Albert out of Only Fools And Horses. ?
Just a thought really try giving carson break for one moment….
When he come out of the nick……..his backers will give him more than just the one break mark…for losing their money !……arms…..legs just for starters
It might be said that old CY is getting a rough deal in some quarters.
If he had established links and the money supposedly laundered was from drugs/crime organisations, does anyone honestly believe that the HK authorities would not have added that/those to the charge sheet??
More likely CY didn’t declare income properly and this is what direction the trial might go in.
Is this really happening…. What world do we live in where an individual can buy a football club for £60m plus – before paying off their own mortgage?!?!?
Knowle…
To be accurate, he took the mortgage out on the house AFTER buying the club… albeit to help fund money into the club.
Thnaks Dan,,, Keep up the good work mate.
The rich dont pay off there Mortgage mate, that is left to there interest payments to do it for them, and btw he paid 81 million for the club.
BIH paid 81million for the club mate, not Carson.
Massive distinction there as Carson has never owned more 29.9% of BIH
Its in there name so yes your right Dan, but who raised the the money ?
Well, BIH borrowed 57mil from Kingston Securities and repaid it by selling shares.
So, I’m going to go with BIH.
Cant disagree, we have to say BIHL dont we,
BTW Dan, just out of interest do you know what per cent of BHI dose CY own?
May I direct you to the factfile page on this very website?
Thanks
Interesting page that Dan. That Mr Yang Yuezhou is quite a big fish with the option he has. I just wonder if cy would ever offer him the chance to gain control.?
It’s not official yet, but YY isn’t in the picture at all. He will not convert those shares
sorry BIH
Dan, Its a wonder why LX with 11.66% and YY with a pos 14% dont get together and find a buyer for there 25.66% combined total, but having said that CY would still run the roost wouldn`t he with his 29.9% but if someone were interested i am sure they wouldn`t have much trouble in gaining a further 4.34% to gain control.
1) YY doesn’t own 14%. He won’t own 14%, he’s not interested. I’m told that deal collapsed ages ago and no money was lent.
2) It doesn’t quite work like that.
So why did you direct me to that page if its incorrect.. Maybe you should update that page as he either has a option or he dosen`t.
Because what I know is unofficial, it’s based on what I was told in HK.
I will only update that page with official updates, in case what I have been told is incorrect.
It would appear, any information you read on these posts,is unofficial,only heresay. Best thing to do is take all the info with a pinch of salt,until you see an official announcement from B.C.F.C.
If it’s sourced from a newspaper/official source, I’ll state so and provide the link – which, in case you weren’t aware makes the word a different colour. If it’s based on rumour and conjecture, I’d also say so.
It’s completely up to you what you believe… however, I’d contend you won’t get any comment whatsoever from BCFC on the trial or the makeup of BIH.
Gold & Sullivan got (and still do) so much stick for selling to Yeung & Co. Do you think the Chinese will be bothered who THEY sell it to? I think they would sell BCFC to the Devil himself if he was the highest bidder. I know everyone wants to see the back of this regime….but there is NO guarantee that the next lot will be any better. We can but hope!
That dose not just apply to the Chinese matey.
Gold & Sulli didn’t give a hoot who they sold to, it was all about money. It’ll be the same for the current lot, anyone that thinks any different is deluded.
Dan, apologies if you’ve posted this before, but I am interested to know what your take on the situation would be should CY be convicted and receive a custodial sentence. What’s the position with the FA in terms of their involvement at that stage, and would it be simple enough for CY to allow an associate to take over. I am assuming that CY has made provision for this scenario?
Maybe carson is making reduced payments???? And this is noted in the consent order which is binding between the two parties………
CY jnr gets the club in the end!
‘The Darkest Hour Is Just Before The Dawn’
ZULU DAWN