Yeung completes Blues shares deal

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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.

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