Investment update

Yang Yuezhou is the un-named party.
Good news by the sound of it!
KRO!

From BBC sports page >

"Birmingham City have raised £6.2m from a new investor.

British Virgin Islands-based Inkatha Group Limited which is owned by Yang Yuezhou, also has an option of becoming the club's second biggest shareholder.

Yuezhou can convert his loan notes - glorified IOUs - into a 14.06% share any time within the next two years.

The investment will see parent company Birmingham International Holdings Ltd pay an annual interest rate of 5%"

Looks like it is a loan...

...which, when we get back to the Prem in 9 months, will be paid back with interest

A loan for now, yes,

But they have the option of buying 14% of the shares.

KRO

That and the shirt sponsorship deal are great news. Gives Carson some time to sort himself out. More stability less need to sell players cheap, more attractive for players to come in. Let's hope we are on the upward curve now.

Now let's get great young striker and attacking midfield playmaker on loan please, strikers fit and we're away to the races.