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The Takeover
Video Podcast: Demands From Directors and Creditors
In this week’s video podcast I talk about the announcement made to the HKSE by BIH about the legal demands that they have received, the rumours of a sale and also a tiny bit about football too!
Tags: BIH, Carson Yeung, Charlie Penn, China Energy, Peter Pannu, The Takeover
Posted in Birmingham City, Video Podcasts | 22 Comments »
BIH Appoint Financial Advisors
The Receivers of Birmingham International Holdings have today informed the Stock Exchange that they have appointed Goldin Financial as Financial Advisors to the company.
Tags: BIH, Ernst and Young, Goldin Financial, HKSE, The Takeover
Posted in Birmingham City, Finances in Football | 69 Comments »
BIH: No Discussion With Any Parties in Relation to a Sale
Birmingham International Holdings have today confirmed to the stock exchange that the sale of BCFC is still “a last resort” to the receivers and no discussions have been entered into with any parties over the sale of the club.
Tags: Anthony Cheung Kwai Nang, BIH, The Takeover
Posted in Birmingham City, Finances in Football | 62 Comments »
What’s Going On? An Analysis of Carson’s Latest Move
Lawyers representing Carson Yeung were in the High Court yesterday to make an application against Birmingham International Holdings, the receivers from Ernst and Young and the share registrars Tricor Tengis to prevent the sale of Birmingham City by EY, to force through the EGM he requested in December and to examine the share register.
Tags: BIH, Carson Yeung, Ernst and Young, Peter Pannu, The Takeover, Tricor Tengis
Posted in Birmingham City, Finances in Football | 51 Comments »
An Open Letter to Often Partisan Readers from Jeremy Wray
I have been contacted by Jeremy Wray who posted this comment on Often Partisan. As it’s important, right of reply and of interest to OP readers, I have reproduced it in full, unedited without comment for you to read.
Tags: Jeremy Wray, The Takeover
Posted in Birmingham City, Talking Points | 84 Comments »
When is a bid not a bid?
Jeremy Wray has been vocal in the press in the last few days about a bid being made for Birmingham City. While trading in BIH shares has been halted pending a “clarification” of an announcement, I wanted to touch on the whole issue over what constitutes a bid, and maybe shed some light on why BIH have not been responsive.
Tags: Jeremy Wray, The Takeover
Posted in Birmingham City, Finances in Football | 36 Comments »
Indian Website Takeover Hoax
News seemed to break earlier of a takeover of Birmingham City by an Indian consortium. The news, purporting to come from Indian newspaper The Indian Express said that brothers Shashi and Ravi Ruia were going to buy out Birmingham City and keep on Peter Pannu in a role of MD.
Tags: Hoaxes, Peter Pannu, The Takeover
Posted in Birmingham City, Talking Points | 7 Comments »
SMW and the Rumour Mill
It’s the quiet after another storm again after rumours that a deal to sell the club would be struck on Tuesday turn out to be nothing more than rumours and once again fans are grumbling about speculation.
Tags: SMW, The Takeover
Posted in Birmingham City, Talking Points | 68 Comments »
SMW and Pannu
Soccer Management Worldwide are reported to still be keen on a deal to buy Birmingham City despite the departure of Jeremy Wray from the board of the company. The Birmingham Mail have reported that Wray has stepped down from the board for “personal reasons” but remains very much a part of the group.
Tags: BIH, HKSE, Peter Pannu, SMW, The Takeover
Posted in Birmingham City, Talking Points | 105 Comments »
Jeremy Wray Quits
Documents have been filed with Companies House showing that Jeremy Wray has resigned his directorship of Soccer Management Worldwide. SMW was the company that announced to the Birmingham Mail that it had made a bid for Birmingham City in May.
Tags: Jeremy Wray, SMW, The Takeover
Posted in Birmingham City, News | 66 Comments »
