Date: 23rd September 2009 at 12:48pm
Written by:

Birmingham City are a step nearer to being taken over by Carson Yeung after his company increased their share capital in the club to 81.7%.

Grandtop International Holdings announced they have received ‘valid acceptances’ in respect of purchasing a further 51.8% of City’s shares.

Early October is the expected date of the take-over which will also see David Sullivan leave the club.

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