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CARSON YEUNG – OWNER OF BIRMINGHAM CITY F.C. ARRESTED

Carson Yeung – hairdresser turned multi millionaire is arrested in Hong Kong.

Carson Yeung, Birmingham City Football Club’s owner has been arrested in Hong Kong on suspicion of money laundering. Carson, the 51 year old hairdresser turned multi-millionaire will appear in court in Hong Kong this week to face five charges.

Carson Yeung started his professional career as a hairdresser, but soon become one of the wealthiest men in Hong Kong, but how this drastic financial transition occurred is still a mystery. Many people believe he has been involved with illegal business transactions since he became the co-owner of a Casino several years ago.

Birmingham City chairman Peter Pannu has released a statement saying that his arrest will not affect Birmingham City Football Club, even though they are currently in a bad financial position with debts of over £24 million. Could this be the end of Birmingham City F.C.?

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