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BIH
BIH: Delay Some More
Birmingham International Holdings have announced to the HKSE yesterday afternoon a proposal to adjourn their AGM until January 6. The AGM, which is to be held on the Gold Coast in Hong Kong includes among it’s resolutions one to decide whether to re-elect controversial director (and recently sacked MD/CEO) Peter Pannu to the board. The […]
Tags: AGM, BIH, HKSE, Peter Pannu
Posted in Birmingham City, Finances in Football | 49 Comments »
BCFC Accounts Analysis
Birmingham City’s newly published accounts show that the club requires £4.4million in working capital in the short term to continue to operate. With the club posting another loss and wages being dangerously close to 100% of turnover last season it could be said that the accounts paint a bleak picture for the club.
Tags: Accounts, BCFC, BIH, Demarai Gray, Michael Morrison, Panos Pavlakis, Peter Pannu
Posted in Birmingham City, Finances in Football, Talking Points | 34 Comments »
Carson Yeung Refused Bail
Carson Yeung’s bail application was refused this morning in the Court of Appeal. Judge Michael Lunn, Vice-President of the Court of Appeal refused bail after dismissing Carson’s grounds of appeal as unlikely to succeed.
Tags: BIH, Carson Yeung, HKSE, Joanna Wang Manli, Peter Pannu
Posted in Birmingham City, Carsongate, Finances in Football | 31 Comments »
Peter Pannu Sacked as MD and CEO of BIHL
Peter Pannu was today sacked from his roles as Chief Executive Officer and Managing Director of Birmingham International Holdings. He remains as an Executive Director and will be up for re-election at the AGM on December 23.
Tags: BIH, Carson Yeung, HKSE, Panos Pavlakis, Peter Pannu
Posted in Birmingham City, Finances in Football | 63 Comments »
Who is Wang Li?
The ownership of the football club took another twist yesterday when it was disclosed to the HKSE that Yang Yuezhou has cashed out his interest in 4.86 billion conversion shares to leave him with a tiny remaining stake in the club (0.28%). What is concerning is who he has sold his stake to – and just what that means for the club.
Tags: BIH, Carson Yeung, HKSE, Joanna Wang Manli, Wang Li, Yang Yuezhou
Posted in Birmingham City, Finances in Football | 60 Comments »
Anticlimaxes and Cup Draws
Birmingham City have drawn Blyth Spartans away in the third round of the FA Cup. The EvoStik Northern Premier League side are in the third round after beating Hartlepool United and are the lowest ranked team left in the competition.
Tags: BIH, Blyth Spartans, HKSE, Peter Pannu
Posted in Birmingham City, Talking Points | 14 Comments »
BIH Halt Trading in Shares
Birmingham International Holdings this morning requested a halt in trading in it’s shares pending the release of a clarification announcement by the company.
Tags: BIH, HKSE, Peter Pannu
Posted in Birmingham City, Finances in Football | 23 Comments »
BIH: Informal Non-Binding Offers Will Not Be Entertained
Birmingham International Holdings today confirmed to the HKSE it will not entertain any “informal, non-binding offers” for Birmingham City FC.
Tags: BIH, HKSE, Peter Pannu, Victor Ma Shui Cheong
Posted in Birmingham City, Chinese Media, Finances in Football | 27 Comments »
Just Say No
Last week Birmingham International Holdings announced that they would be holding an AGM on December 23 to decide on resolutions including the re-election of Peter Pannu as director of the beleaguered company.
Tags: Anthony Cheung Kwai Nang, BIH, Carson Yeung, HKSE, Matthew Chan Shun Wah, Panos Pavlakis, Peter Pannu
Posted in Birmingham City, Finances in Football | 62 Comments »