The protracted takeover of Birmingham City has been completed by the Chinese firm Trillion Trophy Asia. The buyout comes 16 months after the group were given a two-year exclusivity period to purchase the club. Shares in the Championship club’s parent company Birmingham International Holdings Limited resumed trading on the Hong Kong Stock Exchange on Monday. Nottingham Forest give Philippe Montanier a lift in win over Birmingham Read moreTTA, who are controlled by Hong Kong businessman Paul Suen, now holds approximately 50.64% of BIHL’s shares. “The club’s parent company, Birmingham International Holdings Limited (BIHL), has resumed trading on the Hong Kong Stock Exchange and is now in the expert hands of Trillion Trophy Asia Limited (TTA),” read a Birmingham statement.

Source: The Guardian October 17, 2016 10:43 UTC