Home > Sport > Football
Wednesday February 5, 2014 MYT 12:57:02 AM
Wednesday February 5, 2014 MYT 12:57:14 AM
(Reuters) - Birmingham City owner Carson Yeung has stepped down as chairman and executive director of the club's holding company, Birmingham International Holdings Limited.
The announcement was made by BIHL in a statement to the Kong Kong stock exchange on Tuesday.
Yeung, the 53-year-old Hong Kong businessman who has owned the Championship (second tier) club since 2009, is awaiting the verdict, due later this month, of a money laundering trial in Hong Kong, an offence he denies.
"Mr Yeung, with his foresight, aspiration and clairvoyance, has steered the board successfully through landmark projects such as the acquisition of Birmingham City Football Club, for which the board is profoundly indebted," BIHL said in its statement.
"Mr Yeung unequivocally confirms that he has no disagreement with the board and that there are no other matters relating to his resignation that are required to be brought to the attention of the shareholders of the company."
Birmingham are 18th in the Championship, six points clear of the relegation zone, and face fellow strugglers Charlton Athletic on Saturday.
They won the English League Cup in 2011 - beating Arsenal at Wembley - but were relegated from the Premier League in the same season.
(Reporting by Michael Hann, editing by Stephen Wood)
Three key players doubtful for Selangor against Pahang
Mihajlovic wants to Milan to be feared again
Guerrero on target as Peru clinch Copa third place again
Japan and U.S. set for spicy World Cup final rematch
Celebrate Raya in style with GEMFIVE
The 3 unexpected life events that leave us in debt
Putin tells Obama he wants dialogue based on equality and respect
Gearing up for the jungle
3D printing is headed to your latte foam
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)