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Last Updated: Thursday, 21 February 2008, 20:23 GMT
Yeung sparks new Birmingham EGM
David Sullivan and Carson Yeung
Yeung (right) failed in a bid to buy the club late last year
Birmingham City's protracted boardroom saga is set for another twist after Carson Yeung triggered another Extraordinary General Meeting.

Blues shareholders voted against a bid by the Hong Kong businessman to add two new directors to the board at an EGM at St Andrews on Wednesday.

But Yeung, who owns 29.9% of the club, has reacted by nominating chief aide William Chan for election to the board.

Each EGM will cost the club around 10,000 to stage.

Yeung - who failed to complete a full takeover bid before Christmas - had tried to appoint England winger Steve McManaman and ex-Crystal Palace player Fan Zhiyi as directors.

And after having that proposal blocked, Yeung has now turned to Chan, who is the chief executive of his company Grandtop International, as his representative on the Birmingham board.

In a letter recently sent out with the notices of the first EGM, managing director Karren Brady pointed out the actions of Yeung's company had caused expense and distraction to the Blues.

Yeung had been set a deadline of 21 December 2007 to complete a buy-out, but Birmingham eventually ran out of patience and called off the talks.

City's co-owners David Sullivan and Ralph and David Gold increased their stake in the club to almost 50% this week.



SEE ALSO
Birmingham reveal stadium talks
21 Feb 08 |  Birmingham City
Birmingham terminate Yeung talks
21 Dec 07 |  Birmingham City
Birmingham takeover 'not likely'
02 Dec 07 |  Birmingham City
Gold losing confidence in Yeung
13 Nov 07 |  Birmingham City
Yeung has Chinese plans for Blues
26 Jul 07 |  Birmingham City
Yeung takes stake in Birmingham
16 Jul 07 |  Birmingham City
Yeung buys major Birmingham stake
27 Jun 07 |  Birmingham City
Yeung tipped to up Birmingham bid
17 Jun 07 |  Birmingham City


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