Share today, gone tomorrow
Yesterday's £4 million movement in Blues shares was not the first sign of a sell-up.
The 19 million shares sold was by the Gold brothers . . . back to themselves.
David Gold and Ralph Gold had held them in Gold FC Limited, a joint business.
They decided to divide that 25 per cent stake in the club roughly in half and take it on individually instead.
David Sullivan's near 25 per cent stake remains in tact, through his firms Roldvale and Conegate.
It seems that the move was part of the Gold brothers on-going strategy to split their business interests.
David Gold bought 13.03 per cent of Gold FC Limited shares, Ralph Gold purchased 11.61 per cent.
There is no suggestion that the pair will vote on Blues matters in anything but tandem, as has always been the case.
Carson Yeung, with 29.9 per cent, remains Blues single biggest shareholder.
But Yeung has no place on the board, no decision-making power, and the Golds and Sullivan's combined shareholding allows them to continue to call the shots.
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Colin Tattum - Mail man Colin Tattum’s view of what’s going on at Birmingham City FC.
cheers tatts, can you tell us anything about these argentinians and was david dein there monday
David dein was there and i heard something about doug ellis buying some of the shares and david dein buying some too.
Lots of people have been talking about it on the blues forum if you want some more knowledge on the situation.
Cheers tatts though for the info im pasting it to the blues forum now.
i think if we ask the administrators on the blues forum to tell the board to keep us more up to date on this current topic, then they will probably react with some rubbish, or something dreamworthy about David Dein taking a share in the club