David Sullivan News
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Hong Kong businessman Carson Yeung’s purchase of the English soccer club Birmingham City was partly paid with funds in bank accounts connected to his money laundering trial, a prosecutor said.
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Hong Kong businessman Carson Yeung’s purchase of the English soccer club Birmingham City was partly paid with funds in bank accounts connected to his money laundering trial, a prosecutor said.
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Carson Yeung, owner of English soccer club Birmingham City, asked a Hong Kong court to halt his trial for laundering HK$721.3 million ($93 million) because records of his wealth from stock trading can’t be obtained.
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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 .
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The following is a roundup of soccer stories from U.K. newspapers, with clickable Internet links.
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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.
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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.
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It may say something about the state of U.S. politics today that the high point of a presidential debate about the foreign policy challenges America faces in the 21st Century was a comment about horses and bayonets.
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West Ham United co-owner David Gold said investors have been scared off by the team’s winless start in the English Premier League.
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Birmingham City Plc, the English soccer team whose owner Carson Yeung faces money laundering charges in Hong Kong, said it needs to trade more players or obtain “forward funding” of transfer money to keep operating through the end of the year.
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