It's All Happening....
3 posters
JWNED :: Championship :: Birmingham City
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It's All Happening....
Tilton Wed Feb 18, 2015 2:21 pm
Out in Hong Kong.....
Blues' parent company (BIHL) have called in Ernst & Young to act as receivers and take control of the running of the company. This appears to have been instigated by the majority of the Board, to take all control and interference away from Carson Yeung and Peter Pannu.
Now, I'm not pretending to know a whole lot about financial regulation etc etc, but from everything I've read, the consensus seems to be that this is a good thing for Blues.
It should hopefully remove the obstacles (Yeung, Pannu etc) that have been blocking the sale of BCFC for some time now, leaving the way clear for new owners to come in.
There's a bit of a worry about the league docking us points but I'm sure we'll smooth that over with them.
The good times are just around the corner........................
Blues' parent company (BIHL) have called in Ernst & Young to act as receivers and take control of the running of the company. This appears to have been instigated by the majority of the Board, to take all control and interference away from Carson Yeung and Peter Pannu.
Now, I'm not pretending to know a whole lot about financial regulation etc etc, but from everything I've read, the consensus seems to be that this is a good thing for Blues.
It should hopefully remove the obstacles (Yeung, Pannu etc) that have been blocking the sale of BCFC for some time now, leaving the way clear for new owners to come in.
There's a bit of a worry about the league docking us points but I'm sure we'll smooth that over with them.
The good times are just around the corner........................
Tilton- Posts : 1888
Join date : 2010-11-26
FrenchSpur- Posts : 7854
Join date : 2009-07-02
Age : 62
Location : Southampton
Re: It's All Happening....
jpr60 Wed Feb 18, 2015 5:02 pm
Great - so it's just back to the old "Will we finish above Leeds?" question. Good times indeed!
jpr60- Posts : 15486
Join date : 2009-06-08
Age : 56
Location : London
Re: It's All Happening....
Tilton Fri Feb 20, 2015 3:54 pm
FrenchSpur wrote:I thought they were al in prison
Nope, only Carson Yeung is in prison. His enforcer, Peter Pannu, is very much a free man. For now.
Tilton- Posts : 1888
Join date : 2010-11-26
Re: It's All Happening....
jpr60 Fri Feb 20, 2015 9:09 pm
jpr60 wrote:Great - so it's just back to the old "Will we finish above Leeds?" question. Good times indeed!
Eh?
jpr60- Posts : 15486
Join date : 2009-06-08
Age : 56
Location : London
Re: It's All Happening....
Tilton Thu Feb 26, 2015 1:11 pm
That's a shite question. I've told you that before.
Tilton- Posts : 1888
Join date : 2010-11-26
JWNED :: Championship :: Birmingham City
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