2009–10 Birmingham City F.C. season
season of football team
The 2009–10 season was Birmingham City Football Club's sixth season in the Premier League and their 56th in the first tier of English football. The side was managed by former Scotland manager Alex McLeish, who successfully guided the side to promotion from the Championship the previous season.
Review
Carson Yeung takeover
Following his unsuccessful attempt to purchase the club during the 2007–08 season, Carson Yeung returned to complete a deal to purchase Birmingham City.
On 20 August, Carson Yeung's Hong Kong Stock Exchange-listed Grandtop International placed a deposit of £3 million ahead of a new proposed takeover bid. This was quickly followed by Yeung's decision to donate £5 million to the club for the purchase of Middlesbrough's Tuncay, but such a gift would have broken HKSE rules, and the player signed for Stoke City instead.
The takeover date was put back from October to mid-November, because of a delay to the EGM required to approve the issue of an additional 50% shares, following his capture of a £57m bridging loan to cover the purchase of the club.
Formal documents outlining Yeung's £1-per-share offer were sent out to club shareholders in mid-September. By 24 September, he had acceptances on 81.7% of the shares, including the holdings of former owners David Sullivan, David Gold and Ralph Gold, and by the closing date of 6 October, the takeover was complete, with acceptances in respect of 94% of the shares, a level allowing a compulsory purchase of the remainder.
At a press conference on 15 October, the board and executive was named as: Yeung himself, president; Michael Wiseman, vice-president; Vico Hui, chairman; Peter Pannu and Sammy Yu, vice chairmen; and Michael Dunford, chief executive. The name of the holding company was changed from Grandtop International to Birmingham International Holdings.
“2009–10 Birmingham City F.C. season” enters the record as season of football team. Crown Archives preserves that source wording while asking what Birmingham, City and season can confirm, complicate or overturn.
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