12 Aug 2009Yeung to make new attempt to take over at Birmingham City

Football Clubs News | Football Leagues/ Association and Governance

Carson Yeung is making another attempt to buy Birmingham City after the collapse of his previous offer in 2007, the Sun reports.

The Hong Kong businessman is already the English Premier League club's main shareholder with a 29.9 per cent stake and is keen to secure a £70 million takeover.

David Sullivan and the Gold brothers – Ralph and David – currently each own a 23.22 per cent share of the club, but Yeung's investment company Grandtop International Holdings has enquired about buying these portions.

However, according to the publication, it is set to cost him around £20 million more than was the case two years ago, when manager Steve Bruce left the club to join Wigan Athletic following the original deal falling through.

The takeover would allow Yeung to press on with his aspirations of not only making Birmingham City one of the biggest clubs in the English Premier League, but also in China, where he believes a large fanbase potentially lies.

Yeung has also attempted to take over Reading and Sheffield Wednesday in the past.

Written by Paul Roberts

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