Yeung Assets Frozen

So barca maybe we could see what happened at Man City with Shinawatra

Ok we cant expect Saudi Arabian Billionares...

But in China there must be some rich businessmen who had in past considered buying into a Football Club

Li Ka Shing was rumoured before to had been interested in Everton but nothing came of it.

Maybe some of the foundations Yeung started to lay for Blues could be a project a new owner could take over, Yeungs plans was ambitious and had potential.

We got Shirt Manufacturer in Xtep, next step was Chinese Sponsors, Yeung had many plans, but sadly i doubt he had the financial clout to make them a reality.

Some other Chinese Business men such as Li Ka Shing if they are still considering a dable in Football could see us maybe as the first Chinese owned Club as maybe a ideal club to take over, as some work has already been done in trying to increase contacts and deals within China already.

But thats just maybe a pipe dream, there is no way to tell if someone will buy any shares of if they would have money at the moment we are in a precarious position and we dont know what the future holds.

Only thing that seems certain is that Yeung himself does not have the experience or finances himself to undertake the task that he took on when he took over us.

Bottom line he bite off more than he can chew.

The KiD

... or maybe he bit off more than he could chu...

Transparency is the major factor here. I think there are possibly hundreds of investors with an interest in blues. This is why its hard for the board to say who owns what. I know there are one or two very large percentage holders apart from CY but the rest could be made up of bank managers -judges -hairdressers -rice pickers and god knows who else.
I suppose time will tell and fingers crossed someone will step in and buy the club. Some proper rich bloke who can show and prove he is rich.

The first thing we neeed to do is get Yeung totally disconnected from our club, president or not. investor or not he is as crooked as they come, regardless of court findings on August the 11th.
This could bring outside investment into the club or even our magority shareholders may invest but either way I want Yeung to leave the club alone.
He is no good

KRO

We have to start making people feel welcome at this club if we are ever to get a decent backer.

Agreed Taity,

This Yeung bloke will never learn from his past mistakes.

He has stumbled from one crises to another since he stopped snipping barnets.

The sooner he packs his bags the better.

As HH says, we need the club to show who the owners really are and where/how did they amass their fortune.

KRO

I think it says , he may have his assets frozen,
kro.

Well that looks like the case

Its bad enough being relegated and having to ballance the books.

When the clubs owner cant not spent any money regardless of how much or little he has, or how much or less he would spend.

That means the club have to run on its income, and untill the season starts thats no Gates, not much Merchandise.

Parachutes and Sponsor deals may be paid monthly and not up front, i.e i dont think we get the £15M Parachutes in one lump sum.

We do not have a Shirt Sponsor....

Only real source of income is the Season Tickets Sold.

So with no cash flow from Yeung/most likely BIH, that means players would be sold to give us cash flow.

The KiD

I'm not sure if the 'assets being frozen' thing is as straightforward as being portrayed?

If assets are frozen then that surely affects out-goings too and so if we are free to sell RJ etc then surely we are free to buy too? On the other hand if everything is truly frozen then we cannot move things forward either way.

If that logic is correct [it may not be!] then our position is not changed; either CH has some money to spend or he doesn't.

Only Yeungs Assets are Frozen not BIH.

But dont forget Yeung is the only active share holder, if the other share holders are active then 1) Why has none been in the limelight 2) why did Yeung have to raise cash off his own assets to keep club afloat.

So in essence if he is frozen that means no outside funding for Birmingham City FC

Only whats made from Football/Club that inc sales of players.

The KiD