Gold: Takeover odds lengthen

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Football News
Birmingham chairman David Gold has admitted the odds of prospective new owner Carson Yeung´s takeover being completed have "lengthened considerably".

Hong Kong businessman Yeung had been given until Friday to provide concrete evidence he could raise the £35million needed to buy out Gold and City´s co-owner David Sullivan, but this has not materialised to further diminish the chances of Yeung adding to the 29.9% stake he purchased in the club in July to become the leading individual share-holder.

Gold said: "The mere fact we haven´t heard anything merely confirms to me that the odds against a takeover by Mr Yeung´s consortium have lengthened considerably."

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