Hong Kong businessman Carson Yeung has clinched a deal to become Birmingham´s biggest shareholder.

The Barclays Premier League newcomers on Monday afternoon announced to the Stock Exchange that Yeung´s company Grandtop International Holdings Limited (GHIL) had completed the purchase of 29.9% of the club´s shares.

GHIL have bought the shares from directors David and Ralph Gold, David Sullivan, Karren Brady and Roger Bannister after paying a non-refundable deposit of £1.09million on June 27 in anticipation of the deal.

© Copyright PA Sport 2007, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms