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Please tell me when to stop laughing at SHA


Ryan.

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carson yeung has been approved by the premier league as a small heath director and passed his "fit and proper" test...

Excellent - I really hope Carson lives up to expectations of destroying the club!!!

Would love it if he becomes really 'hands on' and starts picking the team and bringing in his own East Asian players - a total recipe for disaster!

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This article made me smile:

Birmingham City ownership a mystery under the Grandtop shareholder circus

• Carson Yeung a 16% shareholder in parent company

• Equity placing for new shareholders closes 20 October

* Matt Scott

* The Guardian, Thursday 1 October 2009

So Carson Yeung is about to take over Birmingham City. Or is he? Sure, Yeung is the executive chairman of Grandtop International, the Hong Kong-based conglomerate that will act as the holding company of the club once it has all been paid for. But Yeung is only a 16% shareholder in that company, so it will not be his club once the deal goes through – because 84% of the shares in Birmingham's parent do not belong to him. So who do they belong to? Actually, that question is irrelevant, because even the information in the offer document Grandtop has issued will be out of date by takeover crunch time.

Bear in mind that Birmingham does not come cheap. The deal values the club at £81m, meaning Grandtop will have to stump up an investment of about £60m. Since Grandtop itself is only worth £39m on the Hong Kong stockmarket – most of it in small shareholdings below 5% – the company needs to raise an awful lot of cash.

It will do so is through an equity placing, whereby investors pump in new money in return for a new proportion of shares. And that will completely mutate the composition of shareholdings in the company.

Insiders say the identities of those taking up the shares will be unknown until the deal is done. So who owns Grandtop – and therefore Birmingham – will not be known for about a month.

Which means that although Yeung has passed the Premier League's fit-and-proper protocols, the league does not currently know who it will be dealing with. "As in every takeover, our rules will be applied," said a Premier League spokesman. They had better be quick; all the shares will have been paid for by 20 October.

source :D

There's a circus in the town.........

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If you read further down the Benitez is Pele posts, they talk about how great he is and describe several of his assists................then go on to describe passes that didn

Its difficult to know where to start with ths post :crylaugh:

Chuchos link up play with our other strikers is excellent. The 1-2 with Phillips was sublime. It's a shame our other strikers are pants. Look at the assists from Chucho already.

Set up GOC for him to miss versus Spurs

Set up Bowyer for goal against Southampton

Set up Bowyer versus Villa

Took shot that resulted in corner that got goal versus Hull

Set up Phillips for goal versus Bolton

Can't wait to see Chucho and Jerome up front.

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****' hell! Deluded fuckwits...

Someone on here has said it before but don't Blues fans hype up some of their shit players?! Dominguez, Pandiani, Quincy Whats-his-name and now this joker! They always claim they are the next Pele but they turn out to be shite....

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Took shot that resulted in corner that got goal versus Hull

That's magic, reminds me of that one time when Pele took a shot and it resulted in a corner

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