Official Statements

Financial Pressures?

Posted on 27 Mar 2015

Blues Trust statement concerning announcements by holding company and club on 25/26th March 2015
logo100x100The Trust is aware of the recent announcements made by Birmingham International Holdings Limited (BIHL) and the club concerning demand letters and other matters. The implications of these developments are discussed in two articles (1) (2) posted by Daniel Ivery on his Often Partisan web-site.

In summary the BIHL announcement covered demands from three sources:

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BIHL: Board Overhaul

Posted on 10 Mar 2015

logo100x100You will probably all have heard by now of the news breaking in Hong Kong that all the existing directors of Birmingham International Holdings Ltd (BIHL) have been ousted by the Receivers, either through resignation, suspension or removal.

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BLUES TRUST: Press Release On Statement of 17th Feb From BCFC

Posted on 17 Feb 2015

BIHL (Birmingham International Holdings Limited), the parent organisation of BCFC, has today confirmed the voluntary appointment of the specialist receivership arm of international accountants Ernst and Young (Ernst and Young Transactions Limited). The club has been quick to issue a statement to put the minds of concerned supporters at rest by categorically stating:

“First and foremost, however the Club wishes to reassure its supporters and staff most emphatically that no winding up petition has been filed against the Company (BIHL) and that it is therefore not in liquidation. “
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Trust writes to Securities & Futures Commission

Posted on 9 Jan 2015

On 22 December 2014, Blues Trust wrote to the Securities and Futures Commission (SFC), the organisation that regulates the financial markets in Hong Kong.

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BIHL AGM: Trust Statement

Posted on 7 Jan 2015

Blues Trust is disappointed to learn of the output from Birmingham International Holding’s Annual General Meeting held yesterday in Hong Kong.

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Trust contacts Football League over potential rule breaches

Posted on 3 Dec 2014

Following the decision to disqualify Leeds United Football Club owner Massimo Cellino on December 1, 2014 and yesterday’s developments concerning former acting chairman Peter Pannu, Blues Trust has written to the Football League highlighting potential breaches in its Rules and Regulations.

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