forevaavillan1

I'm sure it won't be, as the real deal starts this weekend, plenty to talk about and disagree about. Have a good holliday, one things for sure, and that is at least you know its been boiling over this way for a good 13 weeks now.

"I wish to make it clear that, whilst the benefactor's legal wrangles do pose many problems, we have sufficient contingency plans to cater for the temporary difficulties thrown at us." - Acting chairman Peter Pannu has played down fears of a financial crisis at Birmingham City. What ever Pannu. I feel sorry for the Bloiuse fans who are falling foR this dribble/tripe.

And how many companies do they think will jump at that chance? the only time that they will get the kit sponsored is when a company knows that the Blouse will be on the telly. Otherwise its gone be giving it away to get a sponsor, and most possibly all local firms. Maybe RL should think of taking a sponsor deal to advertise the Villa on the blousers shirts, after all it wouild only be a grand a match :roll: If RL don't do it why don't we all put in a pot and sponsor a game with AVFC Forums on the front of their shirts : Birmingham City's ability to source new investment has been hampered by the freezing of Carson Yeung’s assets in Hong Kong. And as a result there could be some ‘unpopular decisions’ made by Yeung’s right-hand man Peter Pannu when he returns from the Far East next week. Blues parent company, Birmingham International Holdings Limited (BIHL), are trying to resume trading on the Hong Kong Stock Exchange. And although there is one interested backer keen to aid BIHL, Yeung’s predicament has meant that Blues dire financial plight shows no sign of improving, at least in the short-term. And that could mean the sale of more players, which would weaken manager Chris Hughton’s hand as he tries to turn Blues into a genuine Championship promotion contender. And to make matters worse, Blues bankers HSBC are putting the club under pressure and a new dispute has arisen with kit suppliers Xtep. Yeung, who has the largest individual shareholding in BIHL at 26.31 per cent, has had his assets frozen while he awaits court proceedings to answer charges of alleged money laundering. Vico Hui, Blues chairman and chief executive officer of BIHL, and their finance controller Pauline Wong, are heading up the search for help. “Carson has been trying hard to find new investors, but the money laundering charges understandably meant that the progress has been slow,” said Pannu. http://www.mirrorfootball.co.uk/news/Birmingham-financial-meltdown-Carson-Yeung-assets-frozen-player-sale-to-survive-new-Portsmouth-article776447.html ADMINISTRATION VERY SOON! And no i'm not excited by the thought, as this is Midlands football that will suffer.

Can't see why we don't or haven't. After all, Wiseman gone Their board are now totally in their own entity and can be as secretive as they like about their financial dealings. Asset stripping for sure

Now this has made me laugh. MICHAEL Wiseman of the Blouse board has stepped down. And Carscum Yeung is making Pannu and Carscums 18 year old son directors at the Blouse :roll: You just couldn't make this up : PANTO season has come even earlier.

Administration! A scary word for any football club/ supporter, but also a very realistic possibility this season for Birmingham City. It is becoming more and more vital with every day that passes that the Blousers get off to a good start in order to get points on the board as early on as possible, because there is now a stark reality that they will go into administration this season and because of this will indeed have points deducted. Indeed BIHL are frantically trying to service their large black hole of debt by selling their saleable items ie their best players, even with the sale of their best players, the shorfall on their debt is reckoned to be 70% of the total, and indeed it seems that all sales money is now dissapearing into China, and nothing seems to be filtering back through to their club. Indeed Birmingham as a club are trying to ascertain backing in other countries and as yet there are no takers, and indeed it seems that there will be no takers due to the large debt that the club find themselves in. It is more than an odds on bet that BIHL/Birmingham City will find themselves in Administration just a few months into the new season. Well if this happens which is more than odds on now, the powers that be were warned and had the warning signs about BIHL and Carscum Yeung and choose to sit by and watch it unfold.

And I notice that there are 3/4 groups apperaed on FB to get Carscum out, and this from the Kn uckle draggers who slagged those fans off of our whom tried similar sh*t on FB http://www.facebook.com/pages/Petition-to-get-Carson-Yeung-out-and-save-our-club/215275428495914?ref=ts&sk=wall

Update BIHL today announced a 4th delay (now delayed until 30 September 2011) to the Circular posting and Long Stop date, for the proposed acquisition of Carson Yeung's shell Company, 'Good Partners Group', by 'Leader Ahead Investments Ltd', a wholly owned subsidiary of BIHL. This was indeed the 'massive' land/property deal that CY was 'negotiating' to sell to BIHL, that was first initiated on the 9th December 2010, and was announced in January when BIHL also requested that the shares be suspended pending an inportant announcement. As has also been discussed before on here, this proposed deal between CY and BIHL was just one of a few deals where CY has proposed to sell one of his shell companies to BIHL, all of which have come to nothing. The *Fantasy of Carscum Yeung and the Blousers holding company BIHL is coming more to the fore by the day, the now estimated monies owed by CY and BIHL is now thought to be in excess of 105 million and yes that is pounds. It certainly does look ,even forgetting the current charges pending against Carscum Yeung, that the football club formely known as Birmingham City could indeed cease to exist if their current fire sale does not raise in the region of 49 million pounds to cover debts raised by BIHL. Also, if it is proved that money was indeed laundered using Birmingham City, then the football association would have no choice other than deducting 12 points from the said stated club. Well I for one don't want to see em go out of business, but with the amounts been quoted, I for one can not see how they are going to stay afloat.

Indeed, it seems that this case will encompass money laundering and indeed it will encompass the Blouse, as some of the companys set up by BIH/Carscum have been used to clean money etc, straight away the Blouse come into the equation. It was only a matter of time till Carscum got found out, and all though Mr Pannu at the Blouse has stated the Carscum is innocent until proven guilty, I think that all with a brain realise what he has been doing for quiet some time, after all this is a man who was a hairdresser till not long ago, and then suddenly hey presto he's apparently got money!! The setting up of so so many companies of whom some purchased Blouse shares was a dead give away, as most of the companies that purchased shares were owned/ run and set up by Carscum Yeung, and indeed most moved money between each other in order to try and sustain any viabillity. By By Carscum and possibly by by blouse, that is unless they can find someone who is willing to take over an estimated debt of 92.4 mill, and personally I can not see anyone willing to take a gamble as big as that, for a club who are now in the Championship. Just love em :roll: :roll: Buy The Bluenose You Love The Gift He Dreamed Of! Blues today launched their amazing 'sit on the bench initiative' for their fans. For £2,500, fans will be offered the incredible chance to prepare for a game with the official squad, change with the players in the changing room, and take a place on the subs bench. Individuals may even get the chance to come on as a substitute in a Europa League match (subject to medical clearance by their GP). The package includes a packing space at St Andrews, travel on the official coach for away matches, and a match programme. Depending on the size of our squad, it may be possible for the whole family to take a fabulous group package where up to seven places can be reserved for a particular fixture. (The club will guarantee that your missus will not be seated next to Marlon King). For an additional £99 + VAT, the fan will be presented with his match shirt in a limited edition box, signed by the rest of the squad. Note: BCFC cannot guarantee the presence of any of the current members of the playing staff either at the match of their choice or at the club itself. Stop Press! Look out for our next fantastic offer where you can pay to sit in Carson Yeung's personal seat in the Director's Box. This is a dream opportunity where you can also 'enjoy' a pre-match meal with Peter Pannu and the rest of our esteemed directors (subject to availibility Fook me never mind sit on the bench, the fans will be playing for em come August when the full guilt of Carscum is realised.

Well the way that they are going, we will be the only club in Bham unless that is Carsum can rustle up some magic money from somewhere.

Other news, season ticket sales are down 28% on this same time last year at the Blouse :thumbsup:

RATS DESERTING SINKING SHIP !!! Relegation has been very very hard on Small Heath, and the parent holding company has seen it’s share prices take a massive hit in Hong Kong. However, it was rocked further again last night by the departure of two directors from the company. Mr Ip Wing Lun, who was company secretary as well as an executive director, and Mr Chang Kin Man, who was an independent non-executive director both announced their resignations from the company last night. The Chinese media have today seized on these departures however. Apple Today stated that Carscum Yeung was denying the impending departure of the two directors until the announcement was made, and points out that the holding company is now short of independent directors and will need to appoint them post-haste. Whilst it is concerning that Carscum would feel the need to deny something like this so strongly, it is worth noting that Mr Ip’s wife Wong Po Ling (Pauline) is still an executive director of the company. The above was published in the Chinese media 2 day, can't find any further info on this as of yet.

Reports suggest that Carscum Yeung has now informed Alex Mcleish that at least 8 first team players must be sold in a masive fire sale at the Blouse this summer. These inlude the likes of Dann, Ridhewell, Foster, Zigic, amongst other regular higher profile first team regulars. Don't you just love it when a plan comes together Agent Ridgwell, agent Davies and agent Gardner :lolthumb:

"Other pre-season destinations are being considered and details will be released as soon as possible." Leicester possibly :chai:

Clocks Ticking Properly Now Blousers http://www.bbc.co.uk/blogs/mattslater/2011/05/birmingham_city_set_for_the_bl.html Lots in here that I have been listing here for some while now OOps Blousers. "So we have money and shares going to and fro between Yeung, his holding company and fellow "third party" investors, but no indication any of it is the fresh investment needed to fill the Premier League-sized hole in the books" "But the reality is that the club's wage bill will have risen again (Nikola Zigic's four-year deal alone is worth a reported £20m), the deficit remains and will get worse and now McLeish must turn around a club that has won only two league games since 27 February. He could also lose half of his squad, which may be no bad thing if there was money to replace them but there isn't!