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Carson Yeung
Carson Yeung
| Personal Info | |
| Name | Carson Yeung Ka-Sing |
| Chinese Name | 楊家誠 |
| Date of Birth | 27 February 1960 |
| Board Appointments | |
| BCFC | 13 October 2009 – 04 February 2014 |
| BIH | 20 July 2007 – 04 February 2014 |
| Other ListCo Appointments | |
| Shares owned in BIH | 2,700,000,000 (27.89%) |
Biography (as of 5 Jan 2016)
Carson Yeung is a name synonymous with Birmingham City’s recent troubles. The former hairdresser swept to power in October 2009, having bought out the previous board with a bid valuing the club at over £80million. This had followed an initial purchase of 29.9% and abortive takeover of the club in 2007.
Yeung was arrested on five counts of knowing or having reason to believe he had dealt with the proceeds of an indictable offence – otherwise known as money laundering – in June 2011 and was sentenced to six years in prison having been convicted of the offence in March 2014.
He is currently on bail while waiting for his appeal to the Court of Final Appeal to be heard and lives with his wife Wang Man-li and his young children Camilla and Alexander in his multi-million dollar home on the Peak in Hong Kong.
Latest articles about Carson Yeung
OP Video Podcast – Delays and Reviews
Today saw two announcements from BIH to the HKSE – confirming yet more delays and also the outcome of the internal control review.
Tags: BIH, Carson Yeung, Ernst and Young, HKSE, Peter Pannu, Ryan Yeung, The Takeover, Trillion Trophy Asia, Victor Ma Shui Cheong
Posted in Birmingham City, Finances in Football, Video Podcasts | 107 Comments »
Carson Yeung Loses Final Appeal
Carson Yeung was sent back to prison this morning as it was confirmed that his final appeal against his convictions for money laundering had been dismissed and that he was to serve the remainder of his six year sentence.
Tags: Carson Yeung
Posted in Birmingham City, Carsongate | 93 Comments »
OP Video Podcast – Delays and Trialists
It’s been a busy week – Dwight Tiendalli on trial with Blues, confirmed interest in Portuguese forward Nelson Oliveira and more delays in Hong Kong. I thought I’d sum them up in a nice little video for the weekend.
Tags: BIH, Carson Yeung, HKSE, The Takeover, Trillion Trophy Asia
Posted in Birmingham City, Video Podcasts | 126 Comments »
The Carson Trial: Final Hearing Date Set
It’s been confirmed by the Hong Kong Court of Final Appeal that the judgement in Carson’s appeal against his convictions on five counts of money laundering will be handed down on Monday, July 11 with the hearing beginning at 10am HKT (3am BST).
Tags: Carson Yeung, The Carson Trial
Posted in Birmingham City, Carsongate | 55 Comments »
OP Video Podcast – Takeover!
Yesterday saw huge news as Birmingham International Holdings announced a roadmap for changes to its shareholding structure which would see the end of Carson Yeung as major shareholder and the installation of Paul Suen Cho Hung and Trillion Trophy Asia as the new owners of the club.
Tags: Carson Yeung, Ernst and Young, Paul Suen Cho Hung, The Takeover, Trillion Trophy Asia
Posted in Birmingham City, Finances in Football, Video Podcasts | 40 Comments »
BIH Announce Changes
Birmingham International Holdings have made a massive announcement to the Hong Kong Stock Exchange outlining proposals for an EGM and for the relisting of shares.
Tags: BIH, Carson Yeung, Paul Suen Cho Hung, Peter Pannu, The Takeover, Trillion Trophy Asia
Posted in Birmingham City, Finances in Football | 136 Comments »
The Carson Trial: Final Appeal, Day 3
Carson’s final appeal hearings against his convictions for money laundering finished today with an adjournment until the judgement is handed down.
Tags: BIH, Carson Yeung, The Takeover, The Trial, Trillion Trophy Asia
Posted in Birmingham City, Carsongate | 72 Comments »
The Carson Trial: Final Appeal, Day 2
Carson’s lawyers today made the argument that his convictions on five counts of money laundering should not stand due to the way the original charges were structured against him.
Tags: Carson Yeung, Peter Pannu
Posted in Birmingham City, Carsongate | 52 Comments »
The Carson Trial: Final Appeal, Day 1
Carson’s lawyer Clare Montgomery QC told the Court of Final Appeal in Hong Kong today how there needed to be a distinguishment between “notional proceeds” and “actual proceeds” in a money laundering case.
Tags: Arjun Gurung Kumar, Carson Yeung, Isaac Sadiq, Joanna Wang Manli
Posted in Birmingham City, Carsongate | 33 Comments »
Carson: The Endgame
What should be the final chapter in what has been the long-running saga of the charging and conviction of Carson Yeung on five counts of money laundering will begin tomorrow in the Court of Final Appeal in Hong Kong.
Tags: Carson Yeung, The Trial
Posted in Birmingham City, Carsongate | 39 Comments »
One Response to “Carson Yeung”
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Re Due Diligence this can be a lengthy process typically would take about a month…..but with our track record I dare say the auditors will want to be doubly sure.
Once due diligence is completed there often follows a period of negotiation to adjust for any unexpected findings from both sides!
So in summary I still wouldn’t expect any news for at least another month or more – we are now in a silent period as neither party are at liberty to discuss pending results as anny discussion could potentially affect competitive offers or business standing in the stock exchange. Whoever it is at the moment are only POTENTIAL suitors
Hope this helps.