Management Changes
October 15 2009 - 9:08AM
UK Regulatory
TIDMBMC
Birmingham City plc ("Birmingham City" or the "Company")
The following press release is being issued by Birmingham City
Football Club, the Company's subsidiary.
"Grandtop outlines future plans for the Blues; announces new club
management
At a press conference being held today at St. Andrew's, Carson
Yeung, Chairman of Grandtop International Holdings Limited
("Grandtop"), the new owner of Birmingham City Football Club ("BCFC"
or "the club"), will make the following statement:
"This is a very exciting time for Birmingham City Football Club which
everyone at Grandtop believes has a bright future in the Premier
League.
"We are totally committed to the success of the club and to working
with everyone involved, including management, staff, players,
sponsors and other business partners and, above all, the loyal fans
who have supported the club through good times and bad.
"Our aim is to work hard to secure our position in the Premier
League, not only this year but for many years to come, and we have
clear plans for achieving this goal.
"We cannot discuss our plans in detail but I can tell you something
about our priorities:
* We are already working hard with the people at the club,
at all levels, on deciding what needs to be done to stay in the
Premier League.
* We have an excellent management team and I am delighted
that Michael Dunford has agreed to join the new management as Chief
Executive. His experience and success in football will be a great
asset to us.
* We are having ongoing and constructive discussions with
Alex McLeish about how the team needs to be strengthened.
* We will support the effort to field the best possible team
and we will make the funds available to buy new players in January
as appropriate.
* Longer term, we believe that there is a major opportunity
to build BCFC's fan base in China and to generate new sources of
revenue for the club. But for this to happen, our first priority
must be to establish BCFC as a successful Premier League club.
"Ultimately, the fans are the life blood of Birmingham City Football
Club and we will spend our money wisely and focus our efforts on
winning football matches and improving the club both on and off the
field."
The new management of Birmingham City Football Club will be as
follows.
Carson Yeung, President
Carson, aged 49, has accumulated many years of experience in
international investment. He was Chairman of Hong Kong Rangers
Football Club during 2005 to 2006 and is currently a director of
Universal Management Consultancy Limited and Universal Energy
Resources Holdings Limited. He was appointed as a Director and
Chairman of the Board of Grandtop International Holdings Limited in
July 2007. Currently he is a Director of Birmingham City PLC as well
as being President of Birmingham City Football Club.
Michael Wiseman, Vice President
Michael, 54, has been a director of Birmingham City Football Club
since 1997. His appointment as Vice President continues the link
between the Wiseman family and Birmingham City Football Club which
has existed since 1928. Michael graduated from Sheffield University
with a degree in economics and subsequently qualified as a Chartered
Accountant in 1982. He is currently the Managing Director of property
company, Haunch Lane Developments Ltd, a Governor of University
College Birmingham and director of Metal Packaging Ltd.
Vico Hui, Chairman
Vico, aged 43, has accumulated over 20 years of experience in
management of business trade and project investment as well as
extensive experience in corporate finance and international
investment. He held a senior position at a major China Marine
Container Group and has over 10 years experience in import, export
and international trade settlement. Since the early 1990s, he has
been involved in investment in China as well as capital raising for a
range of businesses. In addition, he is involved in eco-power
development and resources exploration, accumulating rich and
extensive experience in exploration and production.
Vico was appointed as an executive director and Chief Executive
Officer of Grandtop International Holdings Limited on in June
2007. Currently, he is a Director of Birmingham City PLC as well as
Chairman of Birmingham City Football Club.
Peter Pannu, Joint Vice Chairman
Aged 46, Peter is a qualified barrister practising law in Hong Kong.
He has LL.B/LL.M degrees (corporate and commercial law) from London
University and a post graduate law degree from Hong Kong University.
Until 1997, he was a detective with the Royal Hong Kong Police and,
after 1997 when Hong King reverted to China, he resigned to practise
law in Hong Kong. Prior to being appointed by the club, he advised
Carson Yeung whom he has known for 22 years.
Sammy Yu, Joint Vice Chairman
Sammy, aged 53 has fifteen years experience of coaching and managing
football clubs. He was First team coach and Manager of Hong Kong
between 1981 and 2000. Sammy has also had extensive experience in
television work having been a sports show host and commentator.
Michael Dunford, Chief Executive
Aged 56 Michael is acknowledged as being one of English football's
most experienced, respected and committed administrators. He was
appointed Chief Executive of Everton in 1999 before joining Plymouth
Argyle in 2005 in a similar position. His career in professional
football commenced in 1969 at Derby County where he rose to the
position of General Manager before joining Everton in 1994 as
Company/Club Secretary.
It is the intention of Grandtop, subject to shareholder approval, to
change the company name to 'Birmingham International Holdings
Limited' within the next two months."
Enquiries:
Shore Capital and Corporate Limited 020 7408 4090
Graham Shore
Stephane Auton
=--END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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