Carson Yeung's Murk

May 2011
Forbes Asia;May2011, Vol. 7 Issue 6, p22
The article reports on Carson Yeung, owner of Hong Kong's Grandtop International Holdings Ltd. which bought 30% of English soccer club Birmingham City in 2006 and the remainder in 2009 at a price that valued the entire team at 131 million dollars. Grandtop later became Birmingham International Holdings. Broadcasting revenue of the club rose 61%, to 69 million dollars in 2009-10, and it also posted operating income of 22 million dollars in 2009-10 against a loss of 15 million dollars in 2008-09.


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