In this post, we explore the Real ownership behind Birmingham City.
In this post, we assess why Richard Scudamore chooses to ignore this issue.
In this post, we project the scenarios ahead for this incredibly dodgy operation.
Over two years since, we warned readers about Carson Yeung.
It wasn't the combination of middle age, side-parting and hair dye that caused concern, but rather the way the man had risen from barber to billionaire via an escapade with a casino in Macau.
Then, when Richard Scudamore, Our Great Leader, was pushing through the fit-and-proper-persons test (FPPT) before the Real ownership of Brum was known, we once again said that a wise and prudent overseer would wait to see who bought into the club in the ongoing rights issue that was taking place at the very moment Scudamore was burying this hyperreality away in the file marked 'Blinkered'.
In the light of the ongoing Arkady Gaydamak Affair at Portsmouth, we thought the bookmakers' lackey was pushing his luck.
And indeed he was...
Peter Pannu is the joint vice-chairperson of Birmingham City.
We presume that he personally requested the moniker 'vice'.
Pannu was previously a senior inspector of police in Hong Kong.
And his role was to investigate Triad activity in the province.
Pannu was known for sailing close to the wind, if you catch our drift.
For example, he was acquitted of receiving cash from Triad boss Andely Chan, a man who was consequently murdered at the Macau Grand Prix.
Our Asian broker has given us some other details of Mr Pannu's past that the lawyers have said that we absolutely must not publish in this place.
But put two and two together from the above, and you will not be a great distance from Reality.
The deals financier is Pollyanna Chu.
She has a history of insider trading and was required to surrender her commodities trading licence on the Hong Kong Exchange following an investigation by the territories' Securities and Futures Commission.
As a sideline, she was also chief executive officer of the Golden Resorts Casino in Macau.
So, even before the selling of further shares, the Big Three at the top of the Birmingham City hierarchy were a fairly rum bunch - 'alleged' collaboration with the Asian mafia, proximity to underground murders, insider trading and running a casino.
And you thought Ken Bates was a wanker!!!
Everything would have progressed smoothly if it had not been for the Porn Baron and his Moll, the former occupiers of the comfortable seats in the Birmingham boardroom.
The Moll wanted a golden parachute to grab as much money as possible from the Midlands club before she moved into the orbit of Alan Sugar, and this invalid payment was secreted in the takeover deal but was only discovered by Yeung when he and his cronies were undertaking due diligence.
Being above the law, Yeung sought to wriggle out of this commitment.
It was then that the shit hit the fan/fans...
The appropriately named David Gold was "shocked" that police officers specialising in economic crime visited the Birmingham City offices yesterday to examine the paperwork.
He flustered that it was an "inappropriate and unreasonable" probe.
Then, rather ill-advisedly, he warned Yeung and his associates to remember that football in this country is a small closed shop of a world and that "what goes around, comes around."
And sure enough, one of the Porn Barons behind Brum was true to his word, which is not something that can have been stated too frequently.
For within 24 hours of the news that the police were examining the Pornman's paperwork, it was announced that the Premier League were to investigate the Real owners of the club.
How spooky is that?
We wait 17 years for the Premier League to even show the slightest interest in illicit club ownership and then, lo and behold, Our Great Leader leaps up to defend the Porn Baron and his Moll.
Two companies registered in the British Virgin Islands, Winning Top International Overseas and Genuine Ocean International Trading, now own a controlling interest of more than 42% in Grandtop, Yeung's investment vehicle.
And Theo Guardian revealed: "This occurred after Yeung, the Birmingham City president, issued fresh shares and convertible bonds to fund a $117.6m (£70m) takeover of Peace International Creation Ltd. On Sunday Grandtop issued a statement to the Hong Kong stock exchange, where the company is listed, that it had completed the deal to buy Peace International, a shell company also registered in the BVI."
Our broker informs us that the Real owners of Birmingham City are now to be found hiding behind these shell operations and that Carson Yeung is just the frontman.
This is pretty much the same illegal structure that allows Al Faraj entirely fake ownership of Portsmouth FC.
Birmingham City are still claiming that Yeung is the main man but, then again, Dick Cheney used to say that about the strange idiot child from Texas.
Peter Pannu claims that there has been "no effective dilution" of Yeung's stake which is an outright lie.
Our Asian broker has provided us with some names that we are not allowed to print here but try creating a sentence including the words "Birmingham", "City", "Bookmakers", "Asia", "Underground", "Rigging" and "Markets" and, once again, you will be nearer the truth than not.
This was a bad strategic move by the Porn Baron.
Gold might believe that he is a Big Man, but he is squiggly shit next to the Triads.
We would suggest he removes the light-bulbs before going to sleep like all the rest of the individuals do who tread on the toes of this global Asian mafiosi.
At least the Moll has kept her mouth shut.
But now she has got a new sugar daddy.
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