Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Carson Yeung Steps Down As Chairman Of BIHL

Tue 4th Feb 2014 | Clubs Ownership

Carson Yeung has stepped down as chairman and executive director of Birmingham City’s holding company, Birmingham International Holdings Limited (BIHL).

Yeung’s departure was announced in a statement to the Hong Kong Stock Exchange and follows the appointment of two new directors to the football club’s Board.

Shui Cheong Ma and Panos Pavlakis, who are already both members of the Board of Birmingham International Holdings Limited, join the club with immediate effect. 

A statement released by BIHL, said: “The Board of Directors of Birmingham International Holdings Limited announces that Mr Yeung Ka Sing Carson has resigned from all directorships of the group, including his position as an executive director with effect from 4 February 2014.

Yeung, owner of Birmingham City since 2009, and the club's major shareholder is currently awaiting the verdict, due on 28 February, of a money laundering trial in Hong Kong, an offence he denies.

Explaining the announcement, acting chairman Peter Pannu told bcfc.com, “Carson Yeung has taken this decision to focus more time on his on-going court case and to satisfy one of the requirements for the resumption of trading of BIHL shares.

“I will endeavour to update supporters further following the forthcoming EGM in Hong Kong.

“I would like to take this opportunity to thank Carson Yeung for his vision, dedication and generous support for the football club.”

Image: Action Images / Paul Thomas Livepic

Posted by: Aaron Gourley

Icondia (Icondia-C-468x60.gif)
If you have any football business related news stories you’d like to share then please contact us –

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Portsmouth Enter Possible Takeover Talks

Thu 23rd Mar 2017 | Clubs Ownership

Portsmouth Football Club has confirmed it’s in talks regarding a potential takeover. In a statement released by the club, they said: “Portsmouth Community Football Club would like to...

Walker Morris Advise On Leeds United Sale

Thu 5th Jan 2017 | Clubs Ownership

Specialist Sports Law Team at Walker Morris reinforces its national reputation for football club acquisitions/sales with the latest sale of Leeds United FC. Specialist sports lawyers at Walker Morris...

Aser Group Holding Acquires 50% Of Leeds United

Wed 4th Jan 2017 | Clubs Ownership

Aser Group Holding has completed its investment in Leeds United Football Club today. Leeds United Football Club has confirmed Aser Group Holding, through its acquisition vehicle Greenfield Investment...

Notts County Sold To Local Businessman

Mon 19th Dec 2016 | Clubs Ownership

Notts County owner Ray Trew has confirmed the sale of the club after reaching an agreement with local businessman Alan Hardy. Having held discussions with a number of prospective buyers in recent...