This story was produced by InsideClimate News in collaboration with the Center for Public Integrity and The Weather Channel.
Birmingham International Holdings Ltd., which controls English soccer team Birmingham City, plunged on its first day of trading for 2 1/2 years as owner Carson Yeung fights money-laundering charges.
West Ham co-owners David Sullivan and David Gold increased their stake in the English Premier League soccer team to 60 percent, the east London club said on its website .
Premier League soccer team West Ham United’s fiscal-year loss widened because of costs related to firing its former manager and a lower league position last season.
The owners of West Ham United Football Club PLC rejected an offer by Malaysian businessman Tony Fernandes to invest in the English soccer club after it was demoted from the country’s Premier League last month.
Carson Yeung, owner of Birmingham City Football Club, failed to provide credible evidence in his defense during a money laundering trial, Hong Kong prosecutors said.
West Ham and former coach Gianfranco Zola reached an agreement to settle all issues in relation to his departure from the English Premier League soccer club.
West Ham United co-owner David Gold said investors have been scared off by the team’s winless start in the English Premier League.
West Ham United fired manager Gianfranco Zola after the club finished one place above the relegation positions in soccer’s Premier League.
A Hong Kong judge rejected Birmingham City soccer boss Carson Yeung’s second appeal to have his money laundering trial tossed out.
"It's ridiculously low."
- David Sullivan on Aug 19, 2011